Markets traded dull for the second straight session on Wednesday, ending marginally lower, indicating continued consolidation after the recent surge. Analysts maintain a positive bias amid the ongoing consolidation in the index and continue to recommend a buy-on-dips approach as long as the Nifty maintains its prevailing uptrend.“For renewed momentum, stronger participation from the banking […]
Promoter sales rose to record levels in 2025, crossing Rs 1.5 lakh crore and surpassing last year’s peak of Rs 1.43 lakh crore. While the sharp increase has raised concerns among some investors, market veterans say the trend is more nuanced than the numbers suggest. This is the third year in a row where promoter […]
While IndiGo flights continue to face disruptions, Harsh Goenka shared a video on social media platform X explaining the possible reasons behind this and why other airlines like AirIndia are operating smoothly. Harsh Goenka’s viral video explains the reason behind the IndiGo crisis India’s largest airline, IndiGo, is facing major delays and flight cancellations for […]
Amid a thousand Indigo flight cancellations affecting thousands of passengers, Airline has issued an update on the automatic refunds and full waivers for cancellations and rescheduling requests for travel bookings between December 5 and 15. Amid a thousand Indigo flight cancellations affecting thousands of passengers, Airline has issued an update on the automatic refunds and […]
Air travel across India has been in turmoil this week after IndiGo canceled thousands of flights. | Photo credit: PRIYANSHU SINGH The Center has imposed a cap on airfares after taking note of unusually high airfares due to IndiGo’s flight disruptions. Accordingly, the Ministry of Civil Aviation (MoCA) on Saturday invoked its regulatory powers to […]
Pandemonium broke out at several airports as at least 85 flights, including 38 in Delhi and 33 in Mumbai, were canceled by one of India’s leading airlines, IndiGo, due to multiple factors such as crew shortage, technical issues and airport congestion. The inconvenience faced by thousands of flyers and the subsequent backlash prompted IndiGo to […]
Civil Aviation Minister Ram Mohan Naidu | Photo credit: BHAWIKA CHHABRA India’s booming aviation sector has the potential to support at least five major airlines, Union Civil Aviation Minister Ram Mohan Naidu said in an exclusive conversation with business line. In 2024, India’s total air passenger traffic grew by 7.72 percent to 23.28 crore, compared […]
Markets broke a winning series of six sessions and ended lower, lost almost one percent when the sentiment became weak from the start and further deteriorated in the second half. In the current trade, shares of Indigo, Max Healthcare, Idbi Bank, Indian Hotels, Idbi Bank will be in focus because of various news developments. BMW […]
File photo: Employees adjust the screen to an event of Indian Airline Indigo in New Delhi, India, August 5, 2024. Reuters/Priyanshu Singh/File photo | Photocredit: Priyanshu Singh Indigo and IDFC First Bank today launched the Indigo IDFC First -credit card and customers offered both MasterCard and Rupay networks via a single application. The card offers […]
In a shocking incident on board Indigo Flight 6e138 from Mumbai to Kolkata, a passenger was reportedly attacked in the air on Friday by a fellow traveler while getting help from the Indigo crew. Representative Image (Istock) In a shocking incident on board Indigo Flight 6e138 from Mumbai to Kolkata, a passenger was reportedly attacked […]