New Delhi, March 9 (IANS) An IndiGo flight operating from London to Mumbai that could not complete its journey on March 8 due to ongoing disruptions linked to the conflict in the Middle East will now operate on March 10 after mandatory crew rest.The sources familiar with the matter said arrangements are being made for passengers affected by the disruption.Hotel accommodation and visas are being arranged to assist travellers during the delay.The development comes as several international flights …
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Mumbai, March 9 (IANS) Shares of Indian aviation companies on Monday witnessed heavy selling pressure as tensions in the Middle East escalated, pushing crude oil prices past the $110 per barrel mark after major producers reduced output while the Strait of Hormuz remained effectively closed due to the Iran conflict.Several airline and helicopter service provider stocks declined sharply, including InterGlobe Aviation (IndiGo).IndiGo shares ended at Rs 4,236, down around 4 per cent on the BSE. The …
New Delhi, March 9 (IANS) IndiGo’s Manchester-bound aircraft that departed from Delhi returned to its origin after spending almost seven hours in the air due to sudden airspace restrictions linked to the ongoing conflict in the Middle East, the low-cost airline confirmed on Monday.According to an IndiGo spokesperson, flight 6E033 — operating from Delhi to Manchester — had to return due to “last-minute airspace restrictions.””Due to the evolving situation in and around the Middle East, some o…
Mumbai, March 9 (IANS) Shares of major state-owned oil marketing companies (OMCs) traded under pressure on Monday, declining up to nearly 9 per cent in early trade as the conflict involving Iran disrupted energy flows through the Strait of Hormuz and rattled global markets.Global crude oil prices surged past the $100-a-barrel mark.With this development, OMC stocks such as Indian Oil Corporation (IOCL), Bharat Petroleum Corporation (BPCL), and Hindustan Petroleum Corporation (HPCL) slumped up to …
Mumbai, March 6 (IANS) The Indian equity markets saw sharp losses on Friday, amid the ongoing US–Israel and Iran war which entered seventh day.At the closing bell, Sensex declined 1,097 points, or 1.37 per cent to settle at 78,918. Nifty dipped 315 points, or 1.27 per cent, to close at 24,450. Nifty bank experienced tremendous pressure tanking 2.15 per cent to settle at 57,783.The broader markets performed in line with the benchmark indices, as Nifty Midcap 100 index lost 0.63 per cent, while …
New Delhi, March 6 (IANS) Society for Innovation and Entrepreneurship (SINE) — the IIT Bombay-backed broad-spectrum technology business incubator — is selling about 4 lakh shares in the SEDEMAC Mechatronics initial public offering (IPO), according to the filings.The company’s red herring prospectus (RHP) has highlighted that SINE will offload 4,08,000 equity shares.On a pre-offer paid-up equity share capital basis, this represents 0.92 per cent, indicating that the incubator is expected to e…
Mumbai, March 2 (IANS) Shares of Ola Electric came under heavy selling pressure on Monday, falling as much as 16 per cent, as investors remained concerned about the company’s growth outlook and falling market share in the electric two-wheeler segment.The stock of the Bhavish Aggarwal-led company dropped 15.9 per cent on the BSE to hit a record low of Rs 21.21 per share.By 3:10 PM, the shares were trading 4.4 per cent lower at Rs 24.11 apiece, even as the broader BSE Sensex was down around 2 pe…
Mumbai, March 2 (IANS) Shares of Swiggy, the food and grocery delivery platform, fell sharply on Monday and touched a new all-time low on the stock market.During intra-day trade, the stock slipped 5 per cent on the BSE to hit Rs 285.85, breaking its earlier low of Rs 297 recorded on May 13, 2025. The fall came amid heavy trading volumes.With this decline, Swiggy’s share price has dropped around 26 per cent so far in the calendar year 2026.In comparison, the benchmark BSE Sensex has fallen abou…
Mumbai, March 1 (IANS) The market capitalisation of Tata Consultancy Services (TCS) dropped by Rs 18,180.89 crore last week, bringing its total valuation down to Rs 9,53,872.59 crore, as equity markets remained under pressure.Overall, nine of the top-10 most valued companies together lost Rs 2,18,902.09 crore in market valuation during the week — reflecting a bearish trend in the stock market.The BSE benchmark index declined sharply by 1,527.52 points, or 1.84 per cent, over the same period.Acc…
New Delhi, Feb 28 (IANS) Nearly 360 companies have migrated from the SME platforms of the NSE and BSE to the mainboard exchanges, reflecting the growing maturity of India’s small and medium enterprises, a new report said on Saturday.The data compiled by B2K analytics said that 199 companies from the BSE SME platform and 158 companies from the NSE Emerge platform are now listed on the mainboards.Migration refers to the process through which a company shifts its securities from the SME exchange …