Big movers on D-Street: What should investors do with Zomato, IndiGo and RVNL?

Big movers on D-Street: What should investors do with Zomato, IndiGo and RVNL?

Equity markets declined on Monday, snapping its two-day gaining streak due to weak trends in the global markets. The 30-share Sensex dropped 616 points to settle at 73,502 and the broader Nifty slumped 160 points to close at 22,332. Stocks that were in focus included names like Zomato, which fell 3.16%, IndiGo, which rose 3.52%, … Read more

Delhi airport cops team up with IndiGo for soft skills upgrade

Delhi airport cops team up with IndiGo for soft skills upgrade

New Delhi: The Deputy Commissioner of Police (DCP) at the Indira Gandhi International Airport (IGIA) summoned police officers up to the inspector rank for a meeting at 5.30 pm last month. The meeting was attended by nearly 30 officers of inspector and sub-inspector ranks. But, it was not to forge a team for some operation … Read more

Screw Found In Sandwich; Claims Indigo Passenger

Screw Found In Sandwich; Claims Indigo Passenger

Home News Screw Found In Sandwich; Claims Indigo Passenger IndiGo has faced criticism for a screw in a sandwich provided by the airline, which was not reported during the flight. An Indigo passenger claimed that he found screw inside a sandwich served to him onboard (Reddit: @Macaroonlll3601) New Delhi: An IndiGo passenger reported on Tuesday … Read more

Why Mumbai Airport has been asked to reduce flights and how it will impact IndiGo, Air India group flights

Why Mumbai Airport has been asked to reduce flights and how it will impact IndiGo, Air India group flights

Mumbai airport flights status: The government has instructed Mumbai airport to reduce the number of scheduled flights and limit the movement of business jets during busy periods or rush hours to alleviate congestion and improve punctuality of airlines. This decision will result in airlines cutting around 40 flights and also impact the operations of private … Read more

High airfares here to stay! Why any DGCA steps to keep air ticket prices in check are not likely to work

High airfares here to stay! Why any DGCA steps to keep air ticket prices in check are not likely to work

Aviation industry experts and airline executives have expressed their skepticism regarding the impact of any move by the aviation regulator to control airfares. The recent recommendation by a parliamentary panel to implement measures to curb high fares is unlikely to affect rates in the current free market system.Due to significant capacity reductions, air ticket prices … Read more

Have summer travel plans? Why fliers should book flight tickets now to get best price deals

Have summer travel plans? Why fliers should book flight tickets now to get best price deals

No flight ticket sales to look forward to? Fliers are advised to book their summer travel plans now and take advantage of the current spate of airline sales. According to airline executives, there will be a surge in Indian travelers this summer, but the number of flights may not be sufficient to meet the increased … Read more

indigo q3 results: More passengers, fuel surcharge lift IndiGo net by over 100%

indigo q3 results: More passengers, fuel surcharge lift IndiGo net by over 100%

New Delhi: InterGlobe Aviation, the operator of India’s largest airline IndiGo, more than doubled its net profit in the December quarter, marked by robust demand during the peak travel season and imposition of a fuel surcharge. The airline, which commands more than 60% share of India’s domestic market, posted a profit of ₹2,998 crore in … Read more

IndiGo’s December quarter profit zooms 111% to Rs 2,998 crore | India Business News

IndiGo’s December quarter profit zooms 111% to Rs 2,998 crore | India Business News

NEW DELHI: Budget carrier IndiGo has reported a profit of Rs 2,998.1 crore in the Dec quarter, up 111% from Rs 1,422.6 crore in Q3 of last fiscal. This is only marginally lower than the highest ever quarterly profit for an Indian carrier at Rs 3,089.2 crore reported by IndiGo in June 2023 quarter.With five … Read more

IndiGo Q3 profit zooms to Rs 2,998 crore; only Rs 90 crore less than its highest-ever quarterly gain

IndiGo Q3 profit zooms to Rs 2,998 crore; only Rs 90 crore less than its highest-ever quarterly gain

NEW DELHI: Budget carrier IndiGo has reported a profit of Rs 2,998.1 crore in the quarter ended Dec 31, 2023, up 111% from Rs 1,422.6 crore in Q3 of last fiscal. This is only marginally lower than the highest-ever quarterly profit for an Indian carrier at Rs 3089.2 crore reported by IndiGo in the April-June … Read more

IndiGo Q3 Preview: Profit may jump 80% YoY on better yields, higher fares

IndiGo Q3 Preview: Profit may jump 80% YoY on better yields, higher fares

India’s leading airline operator InterGlobe Aviation (IndiGo) is expected to post strong profit growth for the third quarter ended December, driven by improving passenger yields and increase in fare prices. Profit for the third quarter is expected to jump as much as 83% year-on-year (YoY), while revenues are seen growing 25% YoY. Airline fares witnessed … Read more