Indigo
Finance
Dark clouds hanging over India Inc scatter at a faster pace
A sliding economy took a toll on India Inc before the coronavirus made things worse in April-June. Corporate results started to ......
Finance
Dark clouds hanging over India Inc start to drift away, finally
First, the sliding economy clobbered India Inc, and then the pandemic that took off in April-June made things worse. But the ......
Consumer
WestBridge Capital pumps up PIPE bet to biggest ever
WestBridge Capital has expanded a PIPE bet (private investment in public equities), making it the biggest exposure in a listed ......
Consumer
Consumer firms scarred in June quarter as shoppers swerve most in pandemic
Nine in 10 Indian listed consumer-focussed companies recorded a decline in sales during the April-June quarter that saw the full ......
Infrastructure
WestBridge makes a big bet on budget carrier IndiGo
WestBridge Capital has made one of its single-largest investments by picking up a small stake in IndiGo, as the public ......
Infrastructure
IndiGo to raise up to $534 mn via share sale
Interglobe Aviation Ltd, which runs India’s largest airline IndiGo, said on Monday it will raise up to 40 billion rupees ......
Infrastructure
IndiGo to cut 10% of workforce due to COVID-19 impact
IndiGo, India’s biggest airline, said it will cut 10% of its workforce as it grapples with declining revenues due to ......
Markets
Nifty closes above 10,000 as lockdowns ease
India's Nifty index on Wednesday closed above the 10,000 mark for the first time since mid-March as the economy re-emerges ......
Infrastructure
Why Indian aviation faces a long flight to full recovery from virus impact
The government’s decision to allow domestic carriers to resume partial operations from next week came as a shot of adrenaline ......
Markets
Sensex, Nifty rise as travel curbs eased; airlines, ITC surge
Indian shares ended higher on Thursday for the third consecutive session as the country eased curbs on air and rail ......