Page 17 - Indigo

Shilpa Bhatia rejoins SpiceJet as CCO after five-month stint at IndiGo

Bhatia was the Chief Sales and Revenue Officer at SpiceJet before she quit in August last year and joined Indigo

After challenging 2019, will 2020 be jet, set and go for Indian aviation

From good times, India's airlines flew into hard times last year, with cut-throat competition ensuring cheap tickets but also pushing some companies in the red. Here is what 2020 might hold for them

Kamra seeks apology, Rs 25 lakh as compensation from IndiGo over flying ban

Kamra was banned by India's largest airline for six months on Tuesday for allegedly harassing Goswami on the Mumbai-Lucknow flight

The pilot who called out swift but faulty action by airlines and a minister

The running joke on social media is that the now-famous Indigo's captain might be forced to jump ships, or airlines

IndiGo slips 2% after shareholders reject Gangwal's special proposal at EGM

The resolution primarily failed after co-founder Rahul Bhatia's Interglobe Enterpise's voted against it. The Bhatia family and Inter-Globe Enterprises (IGE) together own 38.23 per cent.

Market Ahead, January 30: Top factors that could guide markets today

The Federal Reserve held rates steady as expected while offering no new guidance on its balance sheet, but Chairman Jerome Powell noted that uncertainties about the outlook remain

Top 10 biz headlines: IndiGo's EGM, Chinese influx threat to auto, and more

From Tatas and AirAsia in talks to sort out no-compete rule to job incentive fraud, here are the top 10 business headlines for the day

Shareholders reject Rakesh Gangwal's special resolution at IndiGo's EGM

51.44% shareholders oppose proposal to relax rules on sale and purchase of share by promoters

Arnab heckling row: After IndiGo & Air India, SpiceJet suspends Kunal Kamra

SpiceJet on Wednesday suspended stand-up comedian Kunal Kamra from flying with it after he allegedly heckled journalist Arnab Goswami aboard an IndiGo Mumbai-Lucknow flight. SpiceJet is the third airline to take action against Kamra. While IndiGo suspended Kamra from flying with it for a period of six months on Tuesday itself, Air India banned him until further notice. Aviation Minister Hardeep Singh Puri had taken note of the incident on Tuesday and "advised" other airlines in India to impose similar restrictions on Kamra, stating "offensive behaviour designed to provoke & create disturbance inside an aircraft is absolutely unacceptable & endangers safety of air travellers". On Wednesday morning, SpiceJet said on Twitter, "SpiceJet has decided to suspend Mr. Kunal Kamra from flying with the airline till further notice." An AirAsia India official told PTI that the airline is waiting for the aviation regulator DGCA to issue a formal notice, and after then it will take action ...

Top headlines: BofA CEO bullish on India, US lawsuits against call centres

From BofA CEO praising the Indian economy to US filing lawsuits against call centres, mostly Indian, here are the day's top headlines

IndiGo cancels flights to Chengdu, Hong Kong due to coronavirus outbreak

The low-cost carrier said that for now, it will continue to operate the Kolkata-Guangzhou flight which it is "monitoring on a daily basis"

Coronavirus: China okays India request to airlift 250 nationals from Wuhan

Will have to undergo mandatory 14-day quarantine on arrival

Stand-up comedian Kunal Kamra banned from flying by IndiGo, Air India

Kunal Kamra allegedly heckled Goswami, the editor of Republic TV, on a Mumbai-Lucknow IndiGo plane on Tuesday

IndiGo gains 3% as December quarter profit jumps 2-fold, pares gains later

The company's total income surged a robust 25.5 per cent to Rs 10,330.2 crore in the latest December quarter from Rs 8,229.3 crore in the corresponding period a year ago

IndiGo may hit air pocket in March qtr amid lean season, coronavirus threat

The company also announced redesignating Ronojoy Dutta its whole-time director and CEO

IndiGo redesignates Ronojoy Dutta as whole-time director & CEO till 2024

Dutta, who is currently the CEO, has been redesignated with immediate effect and his term in the new role would be valid till January 23, 2024, according to a release

Don't see board room issues impacting performance: Hardeep Puri on IndiGo

The government on Monday issued a Preliminary Information Memorandum (PIM) for 100 per cent stake sale in Air India

IndiGo Q3 result: Net profit jumps 168% YoY at Rs 496 cr, revenue rises 25%

On the sales front, the low-cost carrier (LCC) clocked Rs 10,330 crore during the recently concluded quarter, as against sales of Rs 8,229.3 crore year-on-year (Q3FY19).

IndiGo Q3 preview: PBT may rise 48% YoY, commentary on A320neo engines eyed

For the recently concluded quarter, analysts at Centrum Broking see the profit declining 7.7 per cent to Rs 176.3 crore primarily "due to lower net fleet addition and higher fuel costs".

Rahul Bhatia-owned IGE may back Rakesh Gangwal on exit norm relaxation

Thaw likely in IndiGo feud after EGM on January 29