Page 9 - Indigo

IndiGo CEO Ronojoy Dutta gets stock worth Rs 14 core through ESOP

This is over and above Dutta's last year's salary of Rs 11.9 crore which he has received till 31 December

IndiGo eyes air cargo market, in talks with Airbus for freighters

To acquire five A321 planes initially, target China, west Asia

Top headlines: Ruia out of Air India sale race, India to appeal Cairn award

IndiGo, the country's largest airline, is in talks with Airbus to finalise a deal to acquire up to five A321 converted freighters amid a burgeoning air cargo market

Rising fuel costs could put IndiGo's yields under further pressure

The company could, however, increase its market share due to supply constraints

IndiGo to commence operations to Bareilly from April

The city will become the 67th domestic destination in its network

IndiGo flight diverts to Karachi due to medical emergency onboard

A Lucknow-bound IndiGo flight from Sharjah was diverted to Karachi airport

IndiGo to operate select domestic flights from T1 in Mumbai

The changes will come into effect on March 10

Rumblings and grumblings in the sky

International traffic is showing no sign of picking up and for Indian carriers, West Asia - a lucrative market - is still out of bounds

IndiGo to start flights connecting Durgapur with three cities from April 22

The airline said it will start flights connecting Durgapur in Bengal with three cities across the country

Oil prices, muted traffic: Why airlines may not benefit from airfare hike

On Thursday, the Ministry of Civil Aviation hiked the airfare price band on flights with 90 to 120 minutes of duration to Rs 3,900, up from Rs 3,500 earlier

Aviation stocks take flight as govt ups fare price band; SpiceJet gains 7%

On Thursday, Ministry of Civil Aviation revised air fare price band on flights with 90 to 120 minutes of duration to Rs 3,900, up from Rs 3,500 earlier

Stocks to watch: ITC, Sun Pharma, Grasim, Power Grid, ACC, aviation stocks

Markets regulator Sebi on Thursday allowed Thomas Cook (India) to withdraw its buyback offer because of substantial deterioration in the company's financial position

Top headlines: Govt comes down heavily on Twitter, IndiGo starts hiring

Business Standard brings you the top headlines at this hour

IndiGo starts hiring, gives offer letters to 32 pilots for ATR-72 fleet

The pandemic hit few sectors harder than air travel, wiping out tens of thousands of jobs. IndiGo had slashed its workforce by 10 per cent last year in view of travel disruptions

Stocks to watch: Tata Steel, IndiGo, Eicher Motors, Titan, Burger King

Eicher Motors, Titan Company, GAIL India and Hindalco Industries are the four Nifty companies slated to post their December quarter numbers today

IndiGo appoints Jiten Chopra as CFO after Aditya Pande resigns

Jiten Chopra joined IndiGo in February 2020 as head of governance, risk and compliance

Stocks to watch: IRFC, Tata Motors, IRCTC, TVS Motors, IndiGo, Airtel

InterGlobe Aviation reported a net loss of Rs 620 crore in the third quarter of pandemic-struck 2020-21 financial year

IndiGo posts Rs 620-crore loss in Dec quarter, plans to ramp up capacity

Logs 4th quarterly loss; will ramp up capacity to return to profitability

IndiGo reports Rs 620 cr loss in Q3, revenue drops 51% YoY to Rs 4,910 cr

The pre-tax loss came in at Rs 623.1 crore for the quarter under review, compared with pre-tax profit of Rs 556.5 crore clocked in Q3FY20.

F&O Expiry: Sensex sinks 536 pts; broader mkts outperform; bank stocks up

In the broader market, the S&P BSE MidCap index ended 0.4 per cen lower while the smallcap counterpart closed down 0.45 per cent.