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GST e-way bill system may get implemented from March 7

2018-02-21 moneycontrol
GST’s e-way bill system, which promises to enable faster movement of goods through a seamless portal-driven payment system, may see the light of the day from March 7, after technical glitches aborted its mandatory full-fledged launch on February 1. (5-0)

Pricing competition will improve in coal industry, post govt#39;s move: NLC India

2018-02-21 moneycontrol
The cabinet has approved opening up coal mining to the private sector for commercial use. In an interview to CNBC-TV18, SK Acharya, Chairman of NLC India spoke at length about the same. (5-0)

Airline stocks take off after domestic air traffic grows 20% in January

2018-02-19 moneycontrol
Stocks of aviation companies took off on Monday as investors reacted to strong growth in air traffic for January.

At Jet Airways, things getting worse before they get any better

2018-02-16 livemint
Jet Airways (India) Ltd was supposed to be a turnaround story. Its shares have risen more than 60% from its lows in October, backed by the company’s comments that it plans to cut operational costs by a wide margin.

UPDATE 2-Hong Kong Express expects 6-month delay in Airbus A320neo delivery - memo

2018-02-15 reuters
SINGAPORE (Reuters) - Hong Kong Express Airways Ltd expects at least a six-month delay in deliveries of new Airbus SE AIR.SE A320neo jets due to issues with engines made by Pratt & Whitney, according to an internal memo issued by the airline. (1-0)

Star India signs 11 sponsors for IPL 11: Report

2018-02-15 moneycontrol
In Star India's first year of airing IPL after winning the global media rights last year, the firm has signed 11 sponsors, including major firms such as Vivo, Parle, Coca-Cola, reports The Economic Times.

Infibeam Incorporation gains 8% on strong Q3 performance

2018-02-15 moneycontrol
Shares of Infibeam Incorporation gained 6 percent intraday Thursday on the back of strong Q3 performance. (3-0)

Nestle India rises 5% on strong Q4 numbers; Credit Suisse maintains outperform

2018-02-15 moneycontrol
Shares of Nestle India rose more than 5 percent intraday Thursday on the back of strong fourth quarter results.

HC upholds Delhi airport order on IndiGo, SpiceJet to shift from T-1 to T-2

2018-02-13 livemint
New Delhi: The Delhi high court on Tuesday upheld its single judge order accepting Delhi airport’s decision to partially shift IndiGo (Interglobe Aviation Ltd) and SpiceJet Ltd operations from Terminal 1 (T-1) to Terminal 2 (T-2).

Airbus says one third of Pratt-powered A320neo jets are faulty

2018-02-12 themalaymailonline
File picture shows the Airbus A320neo (New Engine Option) taking off during its first flight event in Colomiers near Toulouse, France, September 25, 2014. — Reuters picLONDON, Feb 12 — Airbus SE said almost a third of its Pratt & Whitney-powered A320neo aircraft are affected by a new engine glitch that has forced the European planemaker to halt some deliveries of the popular narrow-body jet. (69-0)

InterGlobe Aviation Limited - Updates

2018-02-12 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information.

69 faulty Pratt & Whitney engines replaced in 18 months, says IndiGo

2018-02-11 business-standard
IndiGo, the world’s biggest buyer of the Airbus SE A320neo, was forced to replace faulty Pratt & Whitney engines that power the jetliners in 69 cases over the last 18 months. India’s largest airline, run by InterGlobe Aviation, said there have been three incidents when engines shutdown during flight, and three other cases when a flight was scrubbed after engine issues were identified. (1-0)

IndiGo says has made 69 Pratt engine replacements in 18 months

2018-02-11 livemint
New Delhi: IndiGo, the world’s biggest buyer of the Airbus SE A320neo, was forced to replace faulty Pratt & Whitney engines that power the jetliners in 69 cases over the last 18 months. (1-0)

IndiGo Says Has Made 69 Pratt Engine Replacements in 18 Months - Bloomberg

2018-02-11 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (1-0)

Three Indigo aircraft grounded after Pratt & Whitney engine issue

2018-02-10 in.reuters
MUMBAI (Reuters) - Three Airbus A320neo aircraft operated by India’s biggest airline IndiGo, owned by InterGlobe Aviation Ltd, have been grounded, due to the latest Pratt & Whitney engine issue, IndiGo said in a statement on Saturday.