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"interglobe-aviation"

  • DGCA warns IndiGo over cargo spillage, seeks corrective action report

    The DGCA issued a warning to IndiGo after an audit found deviations from standard operating procedures following a cargo spillage incident. The regulator directed the airline to submit corrective measures, while IndiGo said the warning carried no financial or operational impact
  • IndiGo faces Rs 58.75 crore tax penalty as DGCA dismisses four inspectors

    IndiGo has received a Rs 58.75 crore GST penalty for FY 2020–21 as the DGCA dismisses four flight inspectors amid escalating operational disruptions. With hundreds of cancellations nationwide, the regulator has deployed two oversight teams to monitor the airline’s operations and passenger handling
  • IndiGo posts Rs 2,582 crore Q2 loss on forex impact

    IndiGo’s parent company, InterGlobe Aviation, reported a Rs 2,582 crore net loss for the September quarter, mainly due to adverse currency movements. Despite a 10 per cent rise in topline revenue, the airline’s shares slipped over 1 per cent on the BSE
  • IndiGo’s Q1 net profit dips 29 per cent to Rs 2,176 crore

    Airline sees 7.47 per cent decline in revenue from operations to Rs 20,496 crore in the April–June quarter, from Rs 22,152 crore in the preceding quarter
  • Rs 11,000 cr worth shares sold in IndiGo block deal; Rakesh Gangwal likely seller

    Nearly 6% stake in InterGlobe Aviation, parent company of IndiGo, exchanged hands during morning trade

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