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DGCA Issues Warning Letter To IndiGo For Non-Compliance With Dangerous Goods Handling Norms
In its regulatory filing, IndiGo on Friday said the communication from DGCA was received on July 8.
IndiGo gets DGCA warning over cargo spillage, dangerous goods rule violations
IndiGo's parent company received a DGCA warning letter for procedural deviations. This followed an audit after a cargo spillage incident occurred in January. The airline must now submit an action taken report to the aviation regulator. No penalties or sanctions were imposed by the DGCA on the airline. The company cited internal communication gaps for a delayed disclosure of this event.
Top Gainers & Losers on 8 July: Aegis Logistics, HPCL, Bank of India, IndiGo, Coforge, MRF among top losers - livemint.com
Top Gainers & Losers on 8 July: Aegis Logistics, HPCL, Bank of India, IndiGo, Coforge, MRF among top loserslivemint.com
IndiGo Shares Fall 6%, SpiceJet Down 4% After Trump's Iran Ceasefire Remarks
Aviation stocks fall on Trump's ceasefire declaration.
IndiGo, SpiceJet market share decline in May; how aviation stocks are performing after traffic data - Upstox
IndiGo, SpiceJet market share decline in May; how aviation stocks are performing after traffic dataUpstox
DGCA May data, soaring oil prices drag InterGlobe Aviation shares 3%
The sentiment was further hit by a rise in crude oil prices after the US military launched airstrikes against Iran and reimposed crude sales sanctions
IndiGo, SpiceJet Shares Decline As Rising Crude Prices Fueled By US-Iran Tensions Weigh On Airlines
Higher oil prices after renewed US-Iran tensions pressured airline stocks even as India's domestic passenger traffic continued to grow in May.
BPCL, Asian Paints, IndiGo, Ixigo: Crude-Linked Stocks Fall Across Sectors As Oil Surges On US-Iran Strikes
The rise in crude oil prices weighed on stocks across sectors that typically face higher energy and raw material costs when oil becomes more expensive.
Airtel to Trent: 44 stocks likely to report double-digit profit slump in Q1. Are your stocks on the list?
Motilal Oswal expects 44 companies, including Bharti Airtel, Trent, IndiGo, HAL, GAIL and Cipla, to report double-digit year-on-year profit declines in the June quarter. Higher energy costs, weaker demand, geopolitical tensions and margin pressure are expected to weigh on earnings, even as overall corporate profit growth slows in Q1.
IndiGo, HPCL, other oil sensitive stocks plunge up to 5% as US strikes on Iran lift crude prices
Oil-sensitive Indian stocks tumbled significantly after US airstrikes on Iran. Crude oil prices climbed as sanctions on Iranian sales were reinstated. These events reignited concerns over Middle East stability and potential supply disruptions. Shipping through the Strait of Hormuz remains vulnerable, impacting global energy supply routes. Analysts expect oil inventories to stay under pressure until Gulf supplies resume.
Stocks to watch, July 8: IndiGo, ONGC, OMCs, Asian Paints, RCF, Cochin Shipyard, Uno Minda, PC Jeweller - Upstox
Stocks to watch, July 8: IndiGo, ONGC, OMCs, Asian Paints, RCF, Cochin Shipyard, Uno Minda, PC JewellerUpstox
Indian airlines flew 1.53 crore domestic passengers in May: DGCA data
In May, Indian airlines welcomed more than 1.53 crore domestic travelers, marking an impressive growth of over eleven percent from April. IndiGo continued to dominate the market share, while Air India Group also saw a rise. IndiGo's on-time performance outshone its competitors, including Akasa Air and Air India, although numerous flights faced cancellations and delays, affecting many passengers.