Market News
Stay updated with the latest market trends, earnings, and economic indicators.
High Court says no to 'coercive action' against IndiGo
The Delhi High Court has stopped the GST department from taking action against IndiGo's parent company. This is regarding a ₹458 crore GST demand on compensation received from foreign suppliers. The court noted the amount received was compensation, not a taxable supply. The company's counsel assured solvency. The case will be heard again in August.
Indigo Paints Q4 net profit rises on higher revenue growth; declares ₹5 dividend
Shares of Indigo Paints Ltd ended at ₹1,000.30, up by ₹10.70, or 1.08%, on the BSE.
Delhi HC shields IndiGo from ₹458-cr GST over engine compensation dispute
The case goes back to 2018-19 and 2019-20 when engine defects forced IndiGo to ground some aircraft. The airline lost flying hours and suffered business losses. To make up for these losses, the foreign engine supplier issued IndiGo credit notes worth around ₹2,000 cr, on which the govt sought GST.
Sensex, Nifty 50 | Stock Market LIVE: Sensex off highs, up 350 points; Nifty near 23,800; IndiGo jumps as oil dips
Sensex, Nifty 50 | Stock Market LIVE: The Indian stock market opened on a gap-up note amid hopes of a US-Iran peace deal, which pushed oil prices lower by 5%.
'Teams Did Their Best': IndiGo Issues Statement After Viral Video Shows Passengers Sweating Inside Flight
Passengers were seen desperately fanning themselves with files, newspapers etc.
'Suffocating' Inside IndiGo Flight: Video Shows Passengers Fanning Themselves After Power Failure
Flight 6E657 to Delhi, was set to take off from Vadodara airport.
Airlines plead with state-run oil majors to postpone jet fuel hikes
Indian airlines are urging state-run oil refiners to postpone jet fuel price increases for domestic flights. This move aims to ease financial pressures and mounting losses for carriers like Air India, IndiGo, and SpiceJet. Discussions are ongoing, with the oil ministry involved. A decision is expected soon. Refiners are currently selling jet fuel at a loss.
IndiGo passengers left sweating in dark after power supply disruption on Vadodara-Delhi flight
Around 160 passengers on an IndiGo flight from Vadodara to Delhi were left sitting in darkness without air conditioning for about 30 minutes on Sunday night after the aircraft’s ground power unit malfunctioned before take-off.
IndiGo, Spicejet In Focus: Delhi, Maharashtra ATF Tax Cut Could Save Airlines Upto Rs 1,500 Crore, Says HSBC
The brokerage estimates the tax cuts could lower fuel costs by Rs 1,200 crore to Rs 1,500 crore for IndiGo, while SpiceJet could save Rs 100 crore to Rs 200 crore
Stocks To Watch Today: Vodafone Idea, IndiGo, Coal India, RBL Bank, And ITC Hotels
Here's a look at stocks that are likely to be in focus during the trading session on Monday.
IndiGo Announces 'Great Connections Fest' With Limited-Time Discounted Fares Starting At Rs 3,999
IndiGo has launched its Great Connections Fest offering discounted connecting flight fares starting at Rs 3,999 for domestic routes and Rs 9,999 for international travel. The sale is valid from May 12-15, 2026, for travel until Sept 30.
Buy, Sell Or Hold: Infosys, Suzlon, Oracle, IndiGo, KSH International — Ask Profit
Buy Sell Hold