Mahindra agrees to rebrand its electric SUV, but maintains it will challenge IndiGo's claims; next hearing in the case in April 2025
Technically, IndiGo stock seems to be facing resistance around its 100-DMA on the daily chart; however, the short- and the long-term trend seems favourable for the stock.
IndiGo issued a travel advisory and said that their flights in multiple cities, including Chennai, Tiruchirappali, Tuticorin, Madurai, and others were impacted
According to the India Meteorological Department (IMD), the deep depression over the Southwest Bay of Bengal moved nearly northwards with a speed of 10 kmph in the past few hours
Japan Airlines and domestic budget carrier IndiGo are all set to commence their codeshare partnership from December 16, which will allow the Japanese carrier access to 18 destinations in India, a statement said on Monday. Currently, Japan Airlines (JAL) operates daily services between Tokyo (Haneda Airport) and Delhi, and five times weekly services between Tokyo (Narita Airport) and Bengaluru. Through this new partnership with IndiGo, JAL will be able to establish a comprehensive network across India, connecting to numerous major cities via JAL-operated flights, the statement said. IndiGo and Japan Airlines will begin codesharing on domestic routes within India that connect to Japan Airlines'-operated flights to/from Delhi and Bengaluru, it stated. Codesharing allows an airline to book its passengers on its partner carriers and provide seamless travel to various destinations. "This codeshare agreement will further strengthen business, trade and tourism-related travel between Indi
According to Flightradar24 data, till 2 PM, about 110 arrivals were delayed at the national capital's airport. Moreover, about 269 departures were also delayed at this airport
Police in Maharashtra's Nagpur have identified a 35-year-old man from Gondia in the state as the person behind a spate of hoax bomb threats that triggered panic, caused flight delays and led to increased security at airports and other establishments, an official said. The Nagpur city police's special branch has identified the man as Jagdish Uikey, an author of a book on terrorism, who was arrested in 2021 in a case, he said. "Uikey is currently on the run after these emails were traced back to him," the senior police official said. The investigation, led by Deputy Commissioner of Police (DCP) Shweta Khedkar uncovered detailed information linking Uikey to the emails. Uikey sent emails to various government bodies, including the Prime Minister's Office (PMO), Railway Minister, Maharashtra Chief Minister Eknath Shinde and his deputy, airline offices, the Director General of Police (DGP) and the Railway Protection Force (RPF), the official said. On Monday, the Nagpur police stepped up
The country's largest airline IndiGo on Friday reported a net loss of Rs 986.7 crore in the three months ended September, impacted by grounding of planes and higher fuel costs. The carrier had a profit of Rs 188.9 crore in the year-ago period, according to a release. IndiGo CEO Pieter Elbers said the airline's growth and expansion continued as the topline grew by 14.6 per cent on a year-on-year basis in the September quarter to Rs 17,800 crore. "In a traditionally weaker second quarter, results were further impacted by headwinds related to groundings and fuel costs. We have turned the corner as the number of grounded aircraft and associated costs have started reducing," he said. In the second quarter of this fiscal, the airline's fuel costs climbed 12.8 per cent to Rs 6,605.2 crore.
The GIFT Nifty indicated a flat start, with an uptick of 12 points at 6:35 AM, trading at 24,464.5
With the latest threats, nearly 250 flights operated by Indian carriers have received bomb threats in just over 10 days
Earlier today, IndiGo said that it is facing a temporary system slowdown across its network, which is affecting its website and bookings
IndiGo reassured its customers that airport staff are working to minimise the wait times at check-in counters. However, passengers reported facing issues, including difficulties with web check-in
The budget-carrier is planning to double the airline's international destinations to 40 by March 2025, with a focus on untapped markets for Indian travellers
The RNP AR technology is specifically designed for airports in geographically challenging and high-altitude regions
Gangwal has a fortune of $6.9 billion after adding $1.8 billion this year, according to the Bloomberg Billionaires Index, with one-third of that move coming in the past 10 days alone
IndiGo has also been consistently introducing innovative products and services to enhance the passenger experience and solidify its market position.
Certain routes have witnessed a jump in airline ticket (year-on-year) prices during the month of September as the demand for air travel remains high amid the festival season
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A Delhi-Bagdogra IndiGo flight was delayed due to a technical problem caused by unusually high ground temperatures in the national capital
Asia-Pacific markets were buzzing ahead of the Reserve Bank of Australia's rate decision