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IndiGo Flex Pay option introduced: Pay only 10 pct for flight tickets, but there is a catch
Fri, Jun 26, 2020
IndiGo has come up with a new payment option that allows users to book flight tickets without having to spend the entire amount in one go. The airline on Thursday announced a ‘Flex Pay’ option on Thursday to boost ticket sales amid shuttered global travel.
IndiGo to experiment with new revenue model; eyes additional liquidity worth up to Rs 4,000 cr
Wed, Jun 03, 2020
IndiGo will experiment with new network and revenue models as well as implement measures that will result in additional liquidity of up to Rs 4,000 crore.
IndiGo posts Rs 870.8 cr Q4 net loss, 1st ever FY net loss
Tue, Jun 02, 2020
Covid-19 battered airline major IndiGo on Tuesday reported a net loss of over Rs 870 crore for the fourth quarter of 2019-20. The airline had posted a net profit of Rs 595.8 crore during Q4 of the previous fiscal
IndiGo says few of its passengers have tested Covid-19 positive
Fri, May 29, 2020
"All our aircraft are regularly sanitised as a standard operating procedure and the aircraft operating these flights were immediately disinfected as per protocol. The operating crew has been home quarantined for 14 days and we are in the process of notifying other passengers as per the government guidelines, to ensure safety of our passengers and staff."
Weather today: IndiGo steps in to help IMD prepare reports
Tue, May 19, 2020
"The pilot reports will capture and share observations at cruising altitude midway of the destination, at cruising altitude just before start of descent, near 10,000 feet, near 5,000 feet....To support the Wx (weather) forecast model," the airline said.
Stocks in Focus on May 12: IRCTC, Piramal Enterprises, Indigo, SpiceJet to Maruti Suzuki; here are expected newsmakers of the day
Tue, May 12, 2020
Stocks in Focus on May 12: IRCTC, Piramal Enterprises, Indigo, SpiceJet, Maruti Suzuki, etc. are expected newsmakes throughout the intraday trade session.
IndiGo reinstates pay cut, introduces leave without pay program for senior employees from May By Deepak Patel
Fri, May 08, 2020
The aviation sector has been hit hard due to the suspension of all commercial passenger flights during the coronavirus-induced lockdown in the country which began on March 25. Bookings for flights have been cancelled till further orders
Stocks in Focus on April 24: Ashok Leyland, Yes Bank, IndiGo to Tata Motors; here are expected 5 Newsmakers of the Day
Fri, Apr 24, 2020
Stocks in Focus on April 24: Ashok Leyland, Yes Bank, IndiGo, Mahindra & Mahindra (M&M) and Tata Motors are expected five newsmakers throughout the intraday trade session.
SpiceJet, IndiGo share prices fall after DGCA directive to stop bookings
Mon, Apr 20, 2020
The Directorate General of Civil Aviation (DGCA) issued a circular stating, "all airlines are hereby directed to refrain from booking tickets... Further, the airlines may note that they shall be given sufficient notice and time for restarting operations."
IndiGo flights not to offer meal service, fill only 50 pct airport buses post lockdown
Fri, Apr 10, 2020
IndiGo will remove its meal service and fill only 50 pct airport buses post lockdown in a bid to recover from losses caused during the ongoing crisis.
Stocks in Focus on March 25: Yes Bank, IndiGo to Private Hospitals; here are expected 5 Newsmakers of the Day
Wed, Mar 25, 2020
Stocks in Focus on March 25: Yes Bank, IndiGo, Indiabulls Housing Finance, BSE/NSE/MCX and hospital stocks are expected to remain newsmakers throughout the intraday trade session.
Coronavirus hits! Bad news - Salary cut for all employees of this company announced
Thu, Mar 19, 2020
It's no more a secret that how coronavirus is hitting stock markets and companies. Now, in a latest development in the wake of coronavirus, low-cost airline IndiGo's CEO Ronojoy Dutta has announced pay cut for all employees. Dutta will himself take 25 per cent cut in salary.
Here is why domestic airlines such as Air India and IndiGo will truncate UAE flight operations
Sun, Mar 15, 2020
Domestic airlines such as Air India and IndiGo will truncate some of their flight operations to the UAE due to the upcoming travel restrictions imposed by the gulf state.
IndiGo, SpiceJet share prices tumble over global travel restrictions
Thu, Mar 12, 2020
Equities and crude oil prices plummeted again on Thursday after US President Donald Trump banned all travel from Europe to the US for a month to fight the coronavirus, ramping up fears of a global economic recession.
Stocks in Focus on March 12: SBI, Yes Bank to IndiGo; here are expected 5 Newsmakers of the Day
Thu, Mar 12, 2020
Stocks in Focus on March 12: SBI, Yes Bank, IndiGo, L&T and Biocon are the expected 5 newsmakers throughout the intraday trade.
Coronavirus effect: IndiGo cancels flights to Doha till March 17
Mon, Mar 09, 2020
Budget carrier IndiGo on Monday said it is cancelling flights to Doha till March 17, following travel ban imposed by Qatar on Indian nationals due to coronavirus scare. Qatar has temporarily banned entry of people coming from India and 13 other countries in the wake of coronavirus outbreak, which has infected thousands of people.
IndiGo says have responded to all Sebi queries on related party transactions
Thu, Feb 27, 2020
"Further, IndiGo strongly denies any allegations of wrongdoing or avoidance of processes. It reiterates that it has strong processes for ensuring arm's length dealings with related parties and that such transactions were entered into in the ordinary course of business and were in the best interests of IndiGo," he said.
Indigo share price plunged 5% over reports that Sebi found undisclosed RTPs on Tuesday
Wed, Feb 26, 2020
The issue of related-party transactions had become a bone of contention between IndiGo co-founders Rakesh Gangwal and Rahul Bhatia. The feud between the two came to light on June 8 last year after Gangwal wrote a letter to market regulator Sebi raising issues related to RPTs and corporate governance.
IndiGo does a first, launches Hindi website to strengthen regional reach
Mon, Feb 10, 2020
Private carrier Indigo has launched a full-fledged Hindi website on Monday; becomes the first airline to have a full-fledged website in Hindi
Coronavirus: IndiGo to suspend Kolkata-Guangzhou flight
Sun, Feb 02, 2020
Airline major IndiGo will suspend its Kolkata-Guangzhou flight owing to the outbreak of Coronavirus. The airline will suspend Kolkata-Guangzhou flight from February 6 until February 25 and Guangzhou-Kolkata from February 7 until February 26