Page 5 - Interglobe Aviation

Despite rebound, airline stocks to underperform; investors advised caution

Even as costs are lower, demand weakness likely to keep airlines in the red for most of FY21

Street signs: The SBI Cards IPO math, ETF overhang for YES Bank, and more

Grey market premiums have dropped to 10% after last week's market fall.

IndiGo denies undisclosed related party transactions, answers Sebi queries

InterGlobe Aviation, parent of the country's largest airline IndiGo, also said it has strong processes for ensuring arm's length dealings with related parties

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.

IndiGo shareholders reject Gangwal's resolution to amend company's AoA

Gangwal had sought removal of articles pertaining to transfer and acquisition of the company's shares, including 'Right of First Refusal' and ' Tag Along Right'

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

Market Wrap, Jan 27: Sensex tanks 458 pts; HDFC Q3 profit rises 296% YoY

Metal stocks were under heavy selling pressure today as investors grew increasingly anxious about the economic impact of spreading of China's Coronavirus outbreak

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".

IndiGo set to launch flight services to Dubai and Doha from Kolkata

IndiGo will commence operations on the Kolkata-Dubai route from February 16, while the services to Doha from the capital city of West Bengal will begin from March 1

Amid promoter spat, InterGlobe Aviation to hold shareholder meet on Jan 29

The meeting is being convened following request by co-promoter Rakesh Gangwal and related entities who together hold 36.64% stake in the company

Some airlines may have to shut due to predatory pricing: Hardeep Singh Puri

Hardeep Singh Puri says tariff wars only work in the short run, hurt entire industry long term; rules out regulatory intervention

Gangwal vs Bhatia: Onus on InterGlobe board to sort issue, say experts

Most legal experts said that to come out of the current situation, InterGlobe Aviation needs to expand the size of its board of directors

InterGlobe, Flytech get DGCA nod for English language training services

The official said it is the first time that the regulator has given approval for aviation English language training organisation and testing service providers.

Stocks to watch: Metal stocks, Wipro, IndiGo, Bank of Baroda, Biocon

Here's a list of companies whose shares are expected to trade actively in today's session.

Surging aircraft deliveries will keep airfares under pressure in 2020: IATA

In 2017 and 2018, Pearce said the capacity increased by 6.7 per cent annually.

IndiGo says systems back to normal after outage hits flyers across network

Hassled travellers affected by IndiGo's outage posted pictures on Twitter of long lines at check-in counters at major airports

IndiGo says systems down across the network, operations likely to be hit

IndiGo, owned by Interglobe Aviation Ltd, is the country's largest carrier with a nearly 50% share of the domestic market

IndiGo dips 5% as DGCA warns of action post 3 cases of in-flight shut-downs

The order was issued after the airline reported three incidents of in-flight engine shut-downs on the A320 (Neo) fitted with Pratt-Whitney (PW) engines on three consecutive days between October 24 and

InterGlobe Aviation posts Rs 1,062 crore loss in Q2 on higher costs

According to a release, InterGlobe Aviation's total income rose 31 per cent to Rs 8,539.8 crore in the second quarter of the current fiscal