Mumbai, March 12 (IANS) Indian stock markets opened sharply lower on Thursday as rising crude oil prices and growing geopolitical tensions between the United States and Iran weighed on investor sentiment. Benchmark indices fell in early trade after Brent crude crossed the key mark of $100 per barrel, raising concerns about inflation and economic stability.The Sensex dropped 972.99 points, or 1.27 per cent, to 75,890.72 in early trading. The Nifty also slipped 299.45 points, or 1.22 per cent, to …
Latest InterGlobe Aviation News & Updates
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 …
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 4 (IANS) Indian stock markets fell for the third straight session on Wednesday as investors remained cautious over rising tensions in the Middle East, particularly the growing conflict between the United States and Iran.The uncertainty kept traders on edge and triggered selling across sectors. The Nifty ended the day 1.6 per cent lower, slipping 385.2 points to close at 24,480.5.The Sensex also witnessed heavy selling and dropped 1,122.66 points, or 1.40 per cent, to settle at 79,1…
New Delhi, Jan 22 (IANS) InterGlobe Aviation, the parent company of IndiGo, on Thursday registered a consolidated net profit of Rs 549.8 crore for the October-December period (Q3) – a sharp about 78 per cent drop from the Rs 2,448.8 net profit reported in the same period of the previous fiscal.The low-cost airline said in its exchange filing that net profit was impacted by significant operational disruption in early December as well as new Labour Codes.“Exceptional items for the quarter ende…
New Delhi, Dec 24 (IANS) The consumer affairs ministry has received around 100 complaints from passengers related to IndiGo flight ticket cancellations, refunds and compensation, Secretary Nidhi Khare said on Wednesday.These complaints were lodged on the National Consumer Helpline and have been forwarded to Air Seva, the government’s air travel grievance redressal platform.Speaking to reporters on the sidelines of an event marking National Consumers Day, Khare said many passengers complained a…