Page 4 - Interglobe Aviation Ltd News

Image India denying bilateral flying rights is 'wrong': IndiGo CEO

Pieter Elbers says India is being selective, not restrictive, in granting bilateral flying rights; adds IndiGo is focusing on mitigating grounded aircraft issues

Target @₹7,000: IndiGo set to fly higher as Anand Rathi initiates with Buy

Anand Rathi believes IndiGo's disciplined low-cost structure, commanding market share, and strategic global expansion make it a long-term compounding story in Indian aviation.

IndiGo flight to Srinagar makes precautionary landing in Varanasi

An IndiGo plane enroute to Srinagar from Kolkata made a precautionary landing at the Varanasi airport on Wednesday evening due to a technical issue. Sources said malfunctioning of a sensor in the aircraft led to a false alarm of fuel leakage, following which the plane landed in Varanasi. "IndiGo flight 6E 6961, operating from Kolkata to Srinagar, made a precautionary landing at Varanasi airport due to a suspected technical issue. As a safety measure, the aircraft has been grounded for necessary checks, and an alternate aircraft has been arranged to continue the journey," the airline said in a statement. Specific details about the technical issue and the number of passengers onboard were not disclosed. The flight was operated with A320 neo aircraft, as per information available on flight tracking website Flightradar24.com.

Biocon chief Kiran Mazumdar-Shaw slams IndiGo's food menu, sparks debate

The airline ensured that it would enhance the offerings and thanked her for sharing feedback, noting that customer opinions help them improve

Two reasons why IndiGo stock was cut to 'Reduce' at JM Financial

JM Financial cut the IndiGo stock rating to 'Reduce' from 'Hold' with a target price of ₹5,570 per share, a downside of 2.8 per cent from Friday's close

Aviation watchdog slaps ₹20 lakh fine on IndiGo for training lapses

IndiGo parent InterGlobe Aviation said it is in the process of contesting the order before an appellate authority and that there has been no material impact on its financials due to the DGCA order

IndiGo to boost connectivity to UK with increased flights to Manchester

Additionally, IndiGo has recently announced the launch of direct, daily flights to London Heathrow from Mumbai, effective October 26, 2025

Churning portfolio ahead of Diwali? Ambit lists top 10 'winning' stocks

Ambit analysts see HDFC Bank benefiting from accelerating credit growth, normalisation in cost of funds, and focus on high-yield segments like MSME, gold, and unsecured retail loans.

SC issues notice to IndiGo on plea by customs department on IGST exemption

The case reached SC after customs department challenged a March ruling by the Delhi HC that struck down a portion of 2021 customs notification requiring payment of IGST on such re-imported goods

Stocks to Watch today, Oct 3: Hero MotoCorp, Maruti, Tata Power, IndiGo

Stocks to Watch today, October 3, 2025: From Hero MotoCorp, Maruti to Sammaan Capital, here is a list of stocks that will be in focus

IndiGo: Analysts advise 'Hold' despite rich valuations, sector headwinds

Nuvama flagged 'high valuations' and 'near-term industry weakness' as key reasons for caution, even as structural positives remain intact.

Stocks to Watch today, Sept 26: Pharma, IT, auto, Polycab, Rites, Eternal

Stocks to Watch today, September 26, 2025: From Pharma, auto to Polycab, here is a list of stocks that will be in focus

IndiGo, SBI Card launch new co-branded credit card for customers

The IndiGo SBI Card holders can earn rewards on all spends made on offerings within IndiGo's ecosystem, and on hotel and travel bookings, among other categories, the airline said in a statement

ETFs, Mutual Funds may drive ₹4,300-crore buying in IndiGo, Max Health

The Nifty50's index rebalancing will come into effect from September 30, 2025, forcing MFs and ETFs managers to buy and sell their holdings in IndusInd Bank, IndiGo, Max Health, Hero MotoCorp

Indigo to launch direct flights to Copenhagen from Mumbai starting Oct 8

Domestic airline IndiGo on Tuesday said it will launch flight services to the Danish capital city of Copenhagen from Mumbai, starting October 8, further expanding its international network into Northern Europe. The airline said the new services will be operated three times a week, using its Boeing 787-9 Dreamliner aircraft, taken on wet/damp lease from Norse Atlantic Airways. Copenhagen will be the airline's 44th international and 138th overall destination, it said. "With growing demand for travel between India and Northern Europe, we will be connecting Mumbai to Copenhagen, marking IndiGo's entry into the Scandinavian region. This expansion strengthens our presence in Europe, offering Copenhagen as a gateway to the Nordic region for Indian travellers," said Pieter Elbers, Chief Executive Officer, IndiGo. For Indian travellers, this direct link provides efficient access to the Nordics, while strengthening trade, education, and tourism ties between the two regions, IndiGo said. Ind

Set for pre-Diwali run? 72% of Nifty, 63% of Nifty 500 stocks above 200-DMA

Data shows that as of date 36 out of Nifty 50 shares, and 314 out of Nifty 500 stocks were trading above the long-term 200-Day Moving Average.

IndiGo to start 6 weekly direct flights on Athens route by early Jan 2026

Domestic carrier IndiGo on Monday said it will deploy its maiden Airbus A321 XLR aircraft, which is scheduled to be delivered by the end of this year, on its Athens, Greece route from January next year. The Gurugram-based airline had earlier this year announced that it would launch its flight services to 10 international destinations this financial year. IndiGo is all set to bring home India's first A321XLR by the end of 2025, and begin six weekly direct flights to Athens by early January 2026, subject to regulatory approval, the airline said in a statement. This will make IndiGo the only Indian carrier to offer direct flights between India and Greece, it said, adding that on the receipt of the appropriate approvals, the airline intends to connect Athens to both Delhi and Mumbai, with operations of three weekly nonstops on both routes. The next-generation narrow-body A321 XLR is designed for longer ranges, allowing IndiGo to expand deeper into Europe, while maintaining the ...

Gangwal family trust offloads 1.3% stake in IndiGo for ₹2,933 crore

IndiGo promoter Rakesh Gangwal's family trust on Thursday sold a 1.3 per cent stake in the country's largest airline for Rs 2,933 crore through open market transactions, cumulatively offloading shares worth Rs 14,497 crore so far this year. With the latest sale, the cumulative divestment by Rakesh Gangwal, along with his wife Shobha Gangwal and their family trust -- the Chinkerpoo Family Trust -- stood at Rs 39,532.79 crore, translating to around USD 4.51 billion. Since 2022, Gangwals and their family trust have offloaded a 28.32 per cent stake in IndiGo, according to an analysis by PTI. InterGlobe Aviation, which commands substantial valuation in the stock market, operates IndiGo, which accounts for over 65 per cent of the total domestic air traffic. Following a bitter fallout with co-promoter and co-founder Rahul Bhatia, Gangwal, in 2022, announced that he will gradual sell stake in the airline in a phased manner. According to the bulk deal data available on the NSE on Thursday,

IndiGo gets six-month DGCA approval to keep Turkish B777 aircraft

The approval comes despite the regulator's May 30 directive that IndiGo must return the aircraft by August 31

IndiGo shares decline 4% amid heavy volumes; should you buy the dip?

IndiGo shares slipped 4.4 per cent on Thursday, logging an intra-day low at ₹5774.05 per share on BSE, amid heavy volume