IndiGo News
Drop in oil price may act as a tailwind for IndiGo
Sustained lower crude price and better ticket prices will mean improved spreads.
3 min read9 Sep 2024Bengaluru-bound IndiGo plane turns back after engine failure minutes into flight
Flight 6E0573 from Kolkata to Bangalore made an emergency landing at Kolkata airport minutes after take-off due to an engine failure. No fire or spark was reported.
1 min read31 Aug 2024IndiGo co-founder Rakesh Gangwal to sell up to 3.8% stake in the airline
Following the sale, the Gangwal-backed group’s stake in Indigo is expected to decrease from 19.38% to 15.58%.
2 min read28 Aug 2024Paint stocks in focus: Asian Paints, Berger, and Indigo Paints gets anti-consensus ’buy’ rating from Nuvama; here’s why
Nuvama predicts double-digit volume growth for paint manufacturers in FY25, aided by rural markets. Despite price hikes and new competition, established companies like Asian Paints, Berger, and Indigo expect strong margins and operational leverage. High entry barriers deter significant disruption.
2 min read23 Aug 2024Indigo shares jump 4% after Jefferies upgrades stock; buy, sell or hold?
Jefferies upgraded its rating from ’hold’ to ’buy,’ while HSBC kept its ’buy’ rating on the country’s leading airlines by market share.
1 min read22 Aug 2024IndiGo: The past, present, and potentially exciting future
The airline turned around its pandemic losses to earn a record profit in FY24, and is now setting the stage for its next phase of growth with a new business class offering and more international flights. Can IndiGo pull it off?
7 min read22 Aug 2024Class war: IndiGo shows Air India it means business
Flying business class on IndiGo, between Delhi and Mumbai, would initially cost ₹18,000. You may have to pay ₹26,000 to fly the same class in Air India. Which airline would you pick?
10 min read20 Aug 2024Air India finds a solution to its in-flight entertainment woes, takes a leaf out of Vistara’s strategy
From delays to inflight issues, passenger complaints about the quality of the cabin and broken in-flight entertainment (IFE), among other issues, have been mounting. But the IFE part is set to change soon.
3 min read19 Aug 2024Independence Day 2024: IndiGo announces Freedom Sale fares from ₹1,015, 15% discount on select add-ons. Details here
Independence Day 2024: In a social media post IndiGo said its Freedom Sale is live between August 13-15. The offer has fares starting at ₹1,015, and flat 15 per cent discount on select 6E add-ons. We bring you the details on this and other offers, so you can make the most.
2 min read13 Aug 2024Indigo Paints Q1 Results Live : profit falls by 15.6% YOY
Indigo Paints Q1 Results Live : Revenue increased by 7.81% YoY & profit decreased by 15.6% YoY
1 min read8 Aug 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared