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InterGlobe Aviation Ltd

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WestBridge Capital pumps up PIPE bet to biggest ever

Consumer

WestBridge Capital pumps up PIPE bet to biggest ever

WestBridge Capital has expanded a bet which may make the exposure the second-largest in India for ...

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WestBridge makes a big bet on budget carrier IndiGo

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 to raise up to $534 mn via share sale

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 ...

IndiGo to cut 10% of workforce due to COVID-19 impact

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 ...

Nifty closes above 10,000 as lockdowns ease

Markets

Nifty closes above 10,000 as lockdowns ease

Indian shares on Wednesday added gains for a sixth straight session and crossed the 10,000 mark for ...

Sensex, Nifty rise as gains in financials offset Moody's rating cut

Markets

Sensex, Nifty rise as gains in financials offset Moody's rating cut

Indian shares ended higher on Tuesday for a fifth straight session as a rally in financial stocks ...

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Why Indian aviation faces a long flight to full recovery from virus impact

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 ...

Sensex, Nifty rise as travel curbs eased; airlines, ITC surge

Markets

Sensex, Nifty rise as travel curbs eased; airlines, ITC surge

Indian shares rose on Thursday after encouraging corporate earnings reports and as the government ...

Sensex, Nifty give up gains as ICICI Bank drops

Markets

Sensex, Nifty give up gains as ICICI Bank drops

Indian shares erased early gains to end little changed on Monday, weighed down by losses in ICICI ...

IndiGo cuts staff pay as coronavirus curbs air travel

Infrastructure

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 ...