HC rejects plea on fourfold compensation for IndiGo passengers

The Delhi high court on Wednesday refused to entertain a PIL seeking direction to the Centre and IndiGo airline to pay a compensation of four times the full ticket price to all passengers whose......

IndiGo ropes in external expert for flight disruption probe

IndiGo's board on Friday announced the appointment of an external aviation expert to carry out a root-cause analysis of recent flight disruptions. IMAGE: Passengers wait at Jai Prakash Narayan......

IndiGo crisis: DGCA grills CEO for 2nd day; sacks 4 flight ops inspectors

IndiGo CEO Pieter Elbers appeared before the Directorate General of Civil Aviation panel probing the operational disruptions for the second straight day on Friday, while the watchdog sacked four......

IndiGo Board Unsure If CEO Must Go

'I don't think it is right to remove him over one lapse. The focus should be on restoring operations, not on removing a key management personnel.' IMAGE: A passenger asks an IndiGo staffer for......

Factors that will guide the markets this week

Quarterly earnings, macroeconomic data announcements and global trends will drive the Indian stock markets in a holiday-shortened week, analysts said. Illustration: Uttam Ghosh Stock markets would......

IndiGo flies into red on forex headwinds; Q2 loss widens to Rs 2,582 cr

The country's largest airline IndiGo on Tuesday reported a loss of Rs 2,582.10 crore in the September quarter as higher forex losses and expenses impacted the bottom line, and it expects to induct......

Mutual funds' cash holding fell in Sep amid decline in inflows

Cash holdings of equity mutual fund (MF) schemes moderated in September amid a slowdown in fresh inflows. Illustration: Dominic Xavier/Rediff Equity MF schemes held cash worth Rs 1.76 trillion at......

Rakesh Gangwal's family trust sells 1.3% stake in IndiGo

IndiGo promoter Rakesh Gangwal's family trust on Thursday sold a 1.3 per cent stake in the country's largest airline for Rs 2,933 crore through open market transactions, cumulatively offloading......