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Top 10 biz headlines: IndiGo row, special audit of Jet books, and more

From Walmart Q1 to Infosys granting stock units, Business Standard brings you top stories that made news on Thursday

IndiGo
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The logo of IndiGo Airlines is pictured on passenger aircraft | Photo: Reuters

BS Web Team New Delhi
IndiGo's minority shareholders approach board, question deals and contracts

Minority shareholders of IndiGo, the largest airline in the country by market share, have approached the board of directors, alleging operational mismanagement in the company, according to sources close to the matter. These shareholders have questioned contracts and deals signed by the company, it is learnt. Read more here

A fourth of India's top 1,000 listed companies of FY14 in trouble now

Nearly 25 per cent of India’s top 1,000 listed companies, excluding banks and financials, in terms of revenue have seen shareholder wealth erosion.

These firms have lost more than half