Page 3654 - Company News

Govt seeks explanation from IndiGo on issues raised by Rakesh Gangwal

The Registrar of Companies (RoC), National Capital Territory of Delhi & Haryana has sought "certain information/explanations" in relation to Gangwal's complaint

GoAir expands network, announces new domestic and international flights

The low-cost carrier said it would start 16 new domestic flights too, that will connect Hyderabad with eight cities across India

Viacom18 joins hands with Economic Offence Wing to seize fake merchandise

The raids conducted at Choice Gifts in Abdul Rahman Street and Rolex Novelty at Princess Street in Mumbai led to the seizure of a large amount of counterfeit merchandise

Netflix woos Indians to pay for content, faces fight from cheaper rivals

Netflix will probably almost triple subscribers in India this year to 4.1 million, within striking distance of Amazon Prime's 4.4 million.

RP-Sanjiv Goenka Group keen to expand Nature's Basket in Kolkata

Sanjiv Goenka, the group's chairman said that Spencer's Retail - the acquirer belonging to the RPSG group stable - intends to set up 15-20 stores under Nature's Basket brand

MagicPin eyeing gross merchandise value of Rs 24,000 crore in 2 years

Launched in 2015, MagicPin was valued at an enterprise value of $100 million last year

London Bubble to operate in select OYO Townhouse properties across India

The tie-up will help OYO monetise its assets better and help add more value to its guests

T2 shift: IndiGo, SpiceJet report smooth transition and no delays

Operations at the terminal kicked off 12 am onwards on Sunday

Pratt and Whitney upset with DGCA's decision of grounding A320neo planes

Grounded Indian planes will be up in air by end of April says company president

One more IndiGo A320neo grounded, P&W engine woes continue

Directorate General of Civil Aviation had grounded eight of IndiGo A320 Neo planes on March 12 along with three of GoAir due to safety issues

IndiGo's Gangwal says won't sell stake amid feud with partner Rahul Bhatia

Gangwal, teamed up with Bhatia -- a former airline sales agent -- to create IndiGo in 2005, which quickly outpaced rivals to control almost half of the local market

Caplin Labs gets USFDA nod for injection to prevent excessive blood loss

Caplin Steriles said it has developed and filed 11 ANDAs on its own and with partners, with 5 approvals so far

Aditya Ghosh decides to move on after almost a decade in IndiGo cockpit

Sector watchers said the development was not a surprise as IndiGo is planning for the takeoff of its next phase of growth

IndiGo share price falls before Aditya Ghosh's resignation under Sebi lens

Stock price fell 6.3% on Friday before the announcement

All Nippon Airways to start direct Tokyo-Chennai flight from October 27

This will be ANA's third route offering service to India, along with flights from Narita to Mumbai and Delhi

Care Ratings CEO sent on leave after Sebi receives anonymous complaint

Earlier this month, the local unit of Moody's Investors Service sent its managing director on leave amid an inquiry into a controversial rating decision

IndiGo loses 73% net in Q4 on high fuel costs and competitive pressure

The management indicated the falling yields, over the first four months of the current calendar year, have started to reverse over the past week

IndiGo shares plunge to seven month low on dismal earnings

Citi cut its target price to Rs 1,240 from Rs 1,600, while Morgan Stanley trimmed it to Rs 1,205 from Rs 1,213

Proxy advisor pulls up IndiGo promoters for poor board meeting attendance

While criticising warring IndiGo promoters Rahul Bhatia and Rakesh Gangwal for not attending board meets frequently, IiAS has also made a case for more independent directors on the board

Bhatia vs Gangwal: IndiGo headed for a stormy board meet on Friday

Rahul Bhatia and Rakesh Gangwal - the founders of IndiGo - will possibly face each other with deep mistrust, which the board chairman, M Damodaran, will attempt to defuse