Stocks in News: IndusInd Bank, Ola Electric, IndiGo, Castrol India, Sun Pharma, RIL

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 […]

What’s behind IndiGo’s flight disruption? Harsh Goenka’s viral video explains why rivals are stable in ’30 seconds’

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 more than 1,000 flight cancellations, Indigo shares a BIG update on automatic refunds and rescheduling fees: ‘No questions asked…’

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 […]

The airfares are being reduced as IndiGo’s massive flight disruptions are pushing up ticket prices

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 […]

IndiGo apologizes as dozens of flights have been canceled due to staff shortages and technical problems

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 […]

India has the potential to support at least five major airlines: Civil Aviation Minister Ram Mohan Naidu

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 […]

Indigo, IDFC First Bank launch Dual-Network Credit Card with zero-fee FD option

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 […]