IndiGo

Business Standard brings you the top headlines on Wednesday

Going forward, analysts are cautiously optimistic on the prospects of the airline as it manages demand revival amid increased competition

Interglobe Enterprise which holds 37.82% in IndiGo, is entering the business of logistics and cargo by forming a 50:50 joint venture with logistics giant UPS

To deploy 60% more capacity in FY23 as it sees demand improving

India's top promoters and business families' income jumped from equity dividends and share buybacks in FY22 while flow of money into NRI deposits moderated sharply to $3.23 bn in FY22.

Stocks to Watch today: Ashok Leyland, Bosch, Chambal Fertilisers & Chemicals, Container Corp, Dr Reddy's will be in focus ahead of their Q4 results today.

Elbers' relatively young age and expertise in developing international hubs are some of the reasons why he was selected as CEO

Business Standard brings you top news of the evening

IndiGo Q4 preview: Analysts expect the airline to bleed this quarter yet again amid high fuel costs

Tighter norms likely for carriage of persons with disability

DGCA said it has issued a showcause notice to IndiGo after a fact-finding committee found the airline staff prima facie violated regulations in denying boarding to a specially-abled child

Though Covid has led to concerns about pilots' job prospects, flight schools believe that the situation will change soon and the choice of piloting as a profession will remain as lucrative as ever

Experts say that while regulations are more pronounced on how to handle physical disabilities, they are silent on mental or cognitive ones

Aviation regulator DGCA starts investigation and asks airline to submit report

Inclusion of BEI as part of upgrade and promotion comes in the backdrop of pilot unrest due to delay in restoration of pay cuts which were induced in phases during two years of the pandemic

Sumantran currently serves as the chairman and managing director of Celeris Technologies, a strategic advisory firm

The Directorate General of Civil Aviation (DGCA) has issued a mandate for all aircraft registered in India after July 1, 2021 to be fitted with GAGAN equipment, a statement said

Stocks to Watch Today: Tata Steel will stop doing business with Russia, the Indian steel major said on Wednesday

Inducts trainee pilots after gap of two years

In a codeshare partnership, each carrier on its distribution system can sell seats of other's flights