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Indigo

Govt allows some flights, asks airlines to follow ticket price rules

Infrastructure

21 May, 2020

Govt allows some flights, asks airlines to follow ticket price rules

Airlines should stick to ticket price guidelines issued by India's civil aviation ministry when they restart some domestic flights, two ......

Rahul Bhatia's InterGlobe fails to make the cut for Virgin Australia

Infrastructure

18 May, 2020

Rahul Bhatia's InterGlobe fails to make the cut for Virgin Australia

Virgin Australia Holdings Ltd's administrators have short-listed potential buyers BGH Capital, Bain Capital, Indigo Partners and Cyrus Capital Partners, a ......

Grapevine: PE funds in fray to buy Reliance's power distribution biz; Nippon eyes stake in IndusInd

General

12 May, 2020

Grapevine: PE funds in fray to buy Reliance's power distribution biz; Nippon eyes stake in IndusInd

A group of investors including Caisse de dépôt et placement du Québec (CDPQ), Actis LLP and Brookfield Asset Management have shown ......

Coronavirus chaos: Airlines told to stop bookings; GoAir sends 90% staff on leave

Infrastructure

20 April, 2020

Coronavirus chaos: Airlines told to stop bookings; GoAir sends 90% staff on leave

India's aviation regulator has told airlines not to take bookings as the government has not yet decided when to recommence ......

IndiGo cuts staff pay as coronavirus curbs air travel

Infrastructure

19 March, 2020

IndiGo cuts staff pay as coronavirus curbs air travel

India’s biggest airline IndiGo has cut the salaries of most employees by between 5% and 20% in response to the ......

Govt weighs $1.6 bn rescue plan for aviation sector after coronavirus

Infrastructure

19 March, 2020

Govt weighs $1.6 bn rescue plan for aviation sector after coronavirus

India is planning a rescue package worth as much as $1.6 billion for the aviation sector, which has been battered ......

Premium
Coronavirus: Which PE portfolio firms are in the line of direct fire?

Consumer

16 March, 2020

Coronavirus: Which PE portfolio firms are in the line of direct fire?

Private equity firms can expect some of their portfolio companies in travel, food, hospitality and entertainment to take a hit ......

Indian airlines take hit as govt suspends inbound visas to stem coronavirus spread

Infrastructure

12 March, 2020

Indian airlines take hit as govt suspends inbound visas to stem coronavirus spread

Indian airline share prices tumbled on Thursday after the government moved to restrict travel into the country in an effort ......

CCI finds no proof of cartelisation among IndiGo, SpiceJet and others

Infrastructure

19 February, 2020

CCI finds no proof of cartelisation among IndiGo, SpiceJet and others

Investigators with India’s antitrust watchdog have found no evidence that the country’s biggest airline, IndiGo, and four rival carriers colluded ......

Premium
One in three Indian consumer firms sees sales decline in peak shopping season

Consumer

17 February, 2020

One in three Indian consumer firms sees sales decline in peak shopping season

The poor consumer sentiment in the economy is yet to see any improvement with as many as one in three ......