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Nifty, Sensex close lower for fifth day after IMF cuts India growth forecast

Markets

24 July, 2019

Nifty, Sensex close lower for fifth day after IMF cuts India growth forecast

Indian shares marked their worst losing streak since mid-May on Wednesday after the International Monetary Fund (IMF) cut its annual ......

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Why the perceived slowdown in India's consumer demand is not as bad as it seems

Consumer

11 July, 2019

Why the perceived slowdown in India's consumer demand is not as bad as it seems

Slowing consumer demand has been dominating the narrative around the state of the Indian economy and some indicators, especially motorcycle ......

IndiGo founders' rift in the open as Gangwal turns to SEBI; shares slump

Infrastructure

10 July, 2019

IndiGo founders' rift in the open as Gangwal turns to SEBI; shares slump

One of the co-founders of India’s largest airline IndiGo has alleged violation of corporate governance rules at parent company Interglobe ......

IndiGo operator InterGlobe Aviation's shares slump on report of founders' rift

Infrastructure

16 May, 2019

IndiGo operator InterGlobe Aviation's shares slump on report of founders' rift

Shares in InterGlobe Aviation, which operates India's largest airline IndiGo, tumbled 9 percent on Thursday following a report its co-founders ......

IndiGo founders locked in dispute; Brookfield to buy Axis Energy wind farms

General

16 May, 2019

IndiGo founders locked in dispute; Brookfield to buy Axis Energy wind farms

Budget carrier IndiGo's two founders, Rahul Bhatia and Rakesh Gangwal, are locked in a dispute that may affect the functioning ......