NEWS ON SERVICES
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January 04, 2022, Tuesday
Bulls in-charge: Over 50% stocks from Nifty500 trade above major support
Stocks like Asian Paints, Astral, Balrampur Chini, Birlasoft, Carborundum Universal, eClerx, Infosys, Max Healthcare, Tube Investments and ...
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December 31, 2021, Friday
Stocks to Watch: SBI, IDFC, IndiGo, NTPC, Cars24, PolicyBazaar, Textiles
The GST Council will meet today to discuss possible rollback of recently hiked rates for the textile industry.
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December 30, 2021, Thursday
At EGM, IndiGo shareholders back resolution to scrap RoFR clause
The removal of clause will now allow the two promoters of the airline to sell or transfer shares to a third party without giving each other ...
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December 30, 2021, Thursday
Omicron has cast a shadow of uncertainty on growth outlook: IndiGo CEO
However, the airline is stronger now when compared to situation in 2020 during the first wave of the pandemic, says Ronojoy Dutta
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December 28, 2021, Tuesday
IndiGo announces five-day sale, launches discounted fares starting Rs 1,122
Discounted tickets available across over 150 domestic flights on IndiGo network; sale valid on travel from January 15, 2022, to April 15, 2022
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December 27, 2021, Monday
AirAsia India, SpiceJet make discount offers to spur ticket bookings
While travel demand in December remains strong and airlines continue to see around 380,000 daily passengers, forward bookings are looking weak.
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December 23, 2021, Thursday
Analysts bet on IndiGo, SpiceJet despite travel curbs amid Omicron spread
However, near-term concerns will continue to weigh on the stocks as Omicron spread puts a spanner on the growth trajectory, say analysts
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December 23, 2021, Thursday
IndiGo, PVR: These recovery-plays can surge up to 11% despite Omicron woes
These stocks have corrected between 10-20 per cent over the last one month relative to benchmarks' 3 per cent fall. Here's a possible way ...
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December 22, 2021, Wednesday
Nykaa, Paytm: Recent IPOs down 48% from 52-week high. Should you buy any?
Calendar year 2021 (CY21) was one of the most remarkable years for the primary markets where nearly Rs 1.2 trillion was mopped up till early ...
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December 20, 2021, Monday
Survival first, revival later: Hospitality industry's mantra for 2022
When the sun rises in 2022, the Indian hospitality industry will be waking up with prayers for survival, desperately looking forward to some ...
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December 19, 2021, Sunday
IndiGo plans to grow 25% from 2024, keep focus on international routes
'Repairing balance sheet is an urgent task', says CEO Ronojoy Dutta in year-end letter to employees.
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December 17, 2021, Friday
New Jet Airways owners may infuse around Rs 1,500 crore in first tranche
The investment announcement comes days before the deadline fixed by the lenders, funding shortage has been hurting revival plans of the airline
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December 15, 2021, Wednesday
SpiceJet settles disputes with Canadian plane maker De Havilland
In 2017, SpiceJet had signed an agreement with De Havilland for the purchase of 25 Q400 aircraft
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December 14, 2021, Tuesday
Kotak Mahindra Bank partners with IndiGo to offer co-branded credit cards
Essentially, the cards will work on a reward proposition of an airline ticket for free
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December 10, 2021, Friday
Gati-KWE opens its largest surface transhipment centre in Farukh Nagar
Gati-KWE plans to set up five more similar STCs at Mumbai, Nagpur, Indore, Bengaluru and Hyderabad in the near future.
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December 09, 2021, Thursday
Devyani surges 29% in 3-days, stock up 111% from issue price in 4 months
On Wednesday, December 8, 2021, the brokerage firm Motilal Oswal Financial Services initiated coverage on Devyani with a Buy rating and target ...
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December 08, 2021, Wednesday
Strong passenger traffic, improving yields support IndiGo's flight
However, rising crude oil prices could offset top line growth and impact margins
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December 08, 2021, Wednesday
Devyani International surges 13% on heavy volumes, stock at all-time high
Motilal Oswal Institutional Equities has initiated coverage on Devyani with a Buy rating and target price of Rs 190, driven by KFC's strong ...
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December 07, 2021, Tuesday
SpiceJet to appeal winding up order by HC, hopeful of positive decision
The Court on Monday ordered winding up of the airline on a petition filed by Credit Suisse over unpaid dues of $24 million
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December 07, 2021, Tuesday
Indian Hotels, IRCTC: Are travel related stocks a risky bet or a smart buy?
Any positive development in the travel industry may boost related stocks.
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December 06, 2021, Monday
IndiGo promoters call EGM on Dec 30 to amend share clauses
A removal of the clause will allow either side to sell or transfer shares to a third entity without giving each other notice
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November 30, 2021, Tuesday
Stocks to Watch: Go Fashion, Zomato, IRCTC, Asian Paints, Dish TV, ICICI Bk
Go Fashion India will make its debut on the brouses today, while Star Health IPO opens for subscription in the primary segment
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November 23, 2021, Tuesday
SpiceJet's Boeing 737 MAX takes off again after 2.5 years of being grounded
The return flight, minus the minister, was swift and with less incident - as short trips tend to be
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November 22, 2021, Monday
50% of November IPOs fall below their issue prices amid market crash
PB Fintech, Fino Payments Bank, SJS Ent, KIMS, Ami Organics, Zomato and Sansera Engg from the BSE IPO index were down between 6 per cent and 19 ...
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November 20, 2021, Saturday
IRCTC looks to increase its earnings as more trains back on track
Ticket bookings go past pre-Covid levels; cooked food service to resume
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November 19, 2021, Friday
Domestic travel surges 27% to 8.9 million in October, shows data
While IndiGo continues to retain the top spot in market share, Go First overtook SpiceJet
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November 18, 2021, Thursday
Post Sapphire's debut, chart check on Burger King, Barbeque, Zomato stocks
Food and food-related players are expected to jump up to 15 per cent in coming days
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November 18, 2021, Thursday
IRCTC shareholding: MFs' stake falls below 1%, FPIs sell 2.2% holding
Between October 1, 2021 and November 5, 2021, MFs reduced their stake in IRCTC by 4.09 percentage points to 0.69%
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November 18, 2021, Thursday
Sapphire Foods makes good debut; gains 17% against issue price post listing
The stock listed at Rs 1,350, a 14 per cent premium against issue price of Rs 1,180 per share on the National Stock Exchange
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November 18, 2021, Thursday
Smooth flight or turbulence ahead for India's airlines?
The aviation sector in India is building up momentum. But after being battered by two waves of Covid-19, is the sector headed for clear skies? ...
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November 17, 2021, Wednesday
IndiGo passengers will be able to buy food, beverage on board from Nov 19
Govt via order dated Nov 16 has permitted airlines to resume meal service on all flights
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November 17, 2021, Wednesday
SpiceJet, Boeing settle claims for 737 MAX's return to service
Besides cash, the Indian carrier to get two freighters as part of the deal
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November 17, 2021, Wednesday
IndiGo weighs charging fliers for check-in baggage as market heats up
IndiGo joins Go Airlines India Ltd., which is also looking to unbundle baggage charges from air tickets to position itself as an ultra-low cost ...
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November 17, 2021, Wednesday
SpiceJet, Boeing settle related claims on grounding of 737 MAX jets
The settlement will allow the resumption of new aircraft deliveries from SpiceJet's order of 155 MAX aircraft
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November 17, 2021, Wednesday
Stocks to Watch: IndiGo, Biocon, Pfizer, IEX, TFCI, SAIL, BHEL, Nalco
Indian Energy Exchange and Apollo Pipes have announced their respective record dates for the issuance of bonus shares for eligible shareholders
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November 16, 2021, Tuesday
NIIT surges 41% in one week on strong Q2 results
For Q2FY22, NIIT had reported a more-than-double or 101 per cent YoY rise in its consolidated net profit at Rs 52.4 crore
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November 12, 2021, Friday
SpiceJet's Q2 net loss widens to Rs 562 cr; total income rises 19%
Budget carrier SpiceJet on Friday reported widening of net loss to Rs 561.7 crore for the quarter ended September 2021. It incurred a net loss ...
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November 12, 2021, Friday
Zomato, Devyani scale new highs on MSCI inclusion, stocks rally up to 15%
The Global Index provider, MSCI, has added Zomato in its MSCI Global Standard India Index and added Devyani International in MSCI India Domestic ...
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November 12, 2021, Friday
InterGlobe Aviation gains 6% on heavy volumes, stock nears record high
Till 10:34 AM, around 4.28 million equity shares representing 1.1 per cent of total equity of InterGlobe Aviation had changed hands on the BSE
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November 09, 2021, Tuesday
This Jhunjhunwala-owned stock hits over 13-year high; rises 102% in 6 mths
Aptech rallied 9% to Rs 407, its highest level since January 2008.
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November 08, 2021, Monday
SpiceJet seeks to widen customer base with a book-now-pay-later scheme
Ties up with fintech company Capital Float to enable customers to pay for their tickets in instalments
