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Air India gets Rs927 crore from the government

2017-08-14 livemint
New Delhi: The government has infused another Rs927 crore into state-run Air India Ltd this month as part of a fund infusion agreed upon almost a decade ago, and which it has promised to continue even as it works towards selling part of its stake in the airline.

Market Week Ahead: After 1,112-pt Sensex correction, keep an eye on these 10 factors

2017-08-13 moneycontrol
The market snapped a five-week winning streak and fell sharply by more than 1,100 points on the Sensex, weighed by geopolitical tensions surrounding around North Korea and disappointing earnings.

Grounding of IndiGo, GoAir aircrafts: P&W to resolve engine issues by Sept

2017-08-03 business-standard
Pratt & Whitney has told the Indian government that it will by September resolve technical glitches that have affected its engines and hurt operations of two Indian airlines, an official at the country's aviation regulator said on Thursday.

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Pratt & Whitney tells India will resolve engine issues by September: official

2017-08-03 reuters
NEW DELHI (Reuters) - Pratt & Whitney has told the Indian government that it will by September resolve technical glitches that have affected its engines and hurt operations of two Indian airlines, an official at the country's aviation regulator said on Thursday.

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Pratt & Whitney tells India will resolve engine issues by September - official

2017-08-03 in.reuters
NEW DELHI (Reuters) - Pratt & Whitney has told the Indian government that it will by September resolve technical glitches that have affected its engines and hurt operations of two Indian airlines, an official at the country's aviation regulator said on Thursday.

India Inc’s financial performance dwindles in run-up to GST in June quarter

2017-08-03 thehindubusinessline
India Inc’s financial performance so far reflects the disruption created on account of companies adhering to the goods and services tax, which got effective July 1.

Realty stocks witness mixed trend

2017-08-03 indiainfoline
Key benchmark indices languished in negative terrain in afternoon trade as private survey showed that Indias services activity slumped in July. At 13:24 IST, the barometer index, the S&P BSE Sensex, was down 166.52 points or 0.51% at 32,310.22. The Nifty 50 index declined 44.75 points or 0.44% at 10,036.75. Weakness in global stocks also weighed on sentiment.

Market Live: Sensex falls over 100 points, Nifty below 10,100 as RBI cuts repo rate by 25 bps

2017-08-02 moneycontrol
3:10 pm Market Check: Benchmark indices trimmed some of its losses and moved rangebound in the post noon session, with the Nifty continuing its trade below 10,100.

Market Live: Indices trim gains from opening tick, Nifty flat; Hero Moto up 2%

2017-08-02 moneycontrol
10:49 am Market Outlook: HDFC Securities is placing its bet on consumption sector going forward on the basis of strong rural story in the next two years. “Good monsoon, government spending in the upcountry, among others, will help it…rural story is going to be fabulous in the next two years,” Dipen Sheth, Head- Institutional Research, HDFC Securities told CNBC-TV18 in an interview.

Airfare sale: IndiGo offers ticket at Rs 1,111 to mark its 11th anniversary

2017-08-02 moneycontrol
Domestic carrier IndiGo, operated by InterGlobe Aviation, is offering special fares starting Rs 1,111 including taxes for the next five days to mark its 11th anniversary this month.

Market settles at record high

2017-08-01 indiainfoline
Key benchmark indices settled with small gains as positive cues from global stocks supported gains on the bourses. The barometer index, the S&P BSE Sensex, rose 60.23 points or 0.19% to settle at 32,575.17. The Nifty 50 index advanced 37.55 points or 0.37% to settle at 10,114.65.

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Sensex flat; investors book profits in lenders

2017-08-01 in.reuters
Indian shares were largely flat on Tuesday as investors booked profits in lenders amid caution ahead of a widely-anticipated interest rate cut at the central bank's policy meet on Wednesday.

How airlines are facing turbulence from an accounting change on plane leases

2017-08-01 moneycontrol
As if the competitive environment in the airline space were not enough, airline companies are likely to face headwinds from a completely new direction.

InterGlobe Aviation hits near 19-month high

2017-08-01 thehindubusinessline
The stock jumped as much as 3.1 per cent to Rs 1,330.80, its highest since January 4, 2016.

Indigo Q1 FY18 – taking off in style

2017-08-01 moneycontrol
Interglobe Aviation (IndiGo), the market leader in domestic skies, posted a strong all round performance in the June quarter with significant growth in revenue and record profit after tax. We continue to like the business on the back of operational efficiencies and multiple growth drivers.

InterGlobe Aviation Limited - Updates

2017-08-01 feedproxy.google

IndiGo gets compensation from Pratt & Whitney for faulty engines

2017-07-31 livemint
New Delhi: Pratt & Whitney is paying compensation to Indian airline IndiGo as the manufacturer struggles to fix glitches in engines that power Airbus SE’s new A320neo planes.

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IndiGo parent firm reports record Q1 profit

2017-07-31 in.reuters
REUTERS - The owner of IndiGo, InterGlobe Aviation Ltd, reported a 37 percent jump in quarterly profit on Monday to a record high powered by growth in passenger revenue and margins at India's largest airline.

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InterGlobe Aviation Q1 net up 37% on higher passenger revenue

2017-07-31 business-standard
InterGlobe Aviation Ltd, owner of India's largest airline IndiGo, posted a 37 per cent increase in quarterly profit on Monday, helped by higher passenger revenue.

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IndiGo owner Q1 profit rises 37 percent

2017-07-31 in.reuters
REUTERS - InterGlobe Aviation Ltd, owner of India's largest airline IndiGo, posted a 37 percent increase in quarterly profit on Monday, helped by higher passenger revenue.

Taneja Aerospace and Aviation soars on block deal

2017-07-31 indiainfoline
Taneja Aerospace and Aviation soared 9.98% at Rs 62.25 per share on BSE during the morning hours of trade

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