IndiGo said operations of the ATR fleet would be handled by an independent team that would be responsible for in-flight services, dispatch and control, and revenue.
Thinning valuation gap between these and mid-caps indicates a shift in investors' preferences.
Infrastructure stocks are once again gaining traction.
UP government renews proposal for one at Jewar, 100 km from Delhi
Prices of tickets booked three days prior have soared 70% over last summer's fares
Johnson Controls-Hitachi, Voltas, Blue Star, Whirlpool recently recorded new 52-week highs but still haven't lost their steam
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With at least three IPOs in the offing this year, stock market investors have a lot to look forward to.
The P-75 index, a subset of BSE 500 stocks, has severely underperformed the broader market across time horizons
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'It is not as bad an airline as it is made out to be: We serve wonderful food, the leg space is more, our cabin crew is warm and friendly.' 'The customer needs to be apprised of these things.'
While gold returned 12 per cent annual gain in 10 years, Nifty didn't exceed 9 per cent.
IndiGo which has close to 40 per cent market share, at present has 129 aircraft and operates 883 daily flights to 44 destinations. It also has around 400 aircraft on order.
As the Centre faces multiple hurdles, BJP-governed states such as Rajasthan, Madhya Pradesh and Gujarat have swiftly moved in to usher in radical reforms as they aim to take a larger share of the FDI pie.
Existing norms mandate 2/3rd of members of an airline's board must comprise Indian nationals
Banks are clear that lending rates are not going to fall further, say Hamsini Karthik and Anup Roy.
Unless companies press the pedal on implementation, further stock price gains might be limited, says Hamsini Karthik.
In the past, Qatar Airways has repeatedly expressed a desire to invest in IndiGo, the country's largest domestic airline.
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