Air India, Indigo to operate additional flights from Srinagar; Government urges airlines to avoid surge pricing

Air India, Indigo to operate additional flights from Srinagar; Government urges airlines to avoid surge pricing

Air India and IndiGo will operate a total of four additional flights from Srinagar to the national capital and Mumbai on Wednesday (April 23, 2025). File | Photo Credit: G.P. Sampath Kumar The Civil Aviation Ministry has asked airlines to ensure there is no surge in airfares on the Srinagar route, and airlines will be … Read more

Crude oil-sensitive stocks fall as brent surges over $81 per barrel; HPCL, IndiGo, Kansai Nerolac drop up to 6%

Crude oil-sensitive stocks fall as brent surges over  per barrel; HPCL, IndiGo, Kansai Nerolac drop up to 6%

Crude-sensitive stocks, including oil marketers, paint, tyre manufacturers, and airlines, fell on Monday, January 13, as Brent oil prices surged past $81 per barrel. The rise follows expectations that new U.S. sanctions on Russia will impact crude supplies to China and India. Oil prices reached their highest level in over three months, driven by concerns … Read more

Indigo Q1 Results preview: PAT may decline by up to 28% YoY on weak load factor, Delhi T1 crisis

Indigo Q1 Results preview: PAT may decline by up to 28% YoY on weak load factor, Delhi T1 crisis

India’s largest airline by market share, InterGlobe Aviation is expected to report a sharp decline in its year-on-year net profit for the three-month period ended June 30, 2024. The profit after tax (PAT) is seen in the range between Rs 2,135 crore – Rs 2,430 crore for April-June according to estimates by a couple of … Read more

Pieter Elbers explains what is driving up IndiGo profitability and double-digit capacity guidance for FY25

Pieter Elbers explains what is driving up IndiGo profitability and double-digit capacity guidance for FY25

Pieter Elbers, Chief Executive Officer, InterGlobe Aviation, says IndiGo is in a unique position globally, to have more than 50 planes being delivered on a yearly basis. So, every week a new plane comes in, which helps them to address the issue of grounded aircraft. IndiGo has taken some additional damp leases, extended some existing … Read more

Airbus lifts A350 rate, highlighting edge over Boeing

Airbus lifts A350 rate, highlighting edge over Boeing

Airbus SE will further increase production of its advanced A350 widebody jet as the planemaker benefits from surging demand for long-distance travel and the crisis engulfing arch-rival Boeing Co.The European planemaker is moving to a rate of 12 A350 jets a month by 2028, superseding previous plans to reach 10 by 2026, it said as … Read more

Hot Stocks: Brokerage view on Indigo, HDFC Bank, Godrej Consumer and Dr Lal PathLabs

Hot Stocks: Brokerage view on Indigo, HDFC Bank, Godrej Consumer and Dr Lal PathLabs

Brokerage firm Kotak Institutional Equities upgraded Dr. Lal PathLabs, Investec maintained a buy rating on Godrej Consumer, CLSA maintained an outperform rating on HDFC Bank and Jefferies upgraded InterGlobe Aviation to hold. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Kotak Institutional Equities on Dr Lal PathLabs: … Read more

Hot Stocks: Brokerage view on Infosys, HDFC Bank, Piramal Pharma and Indigo

Hot Stocks: Brokerage view on Infosys, HDFC Bank, Piramal Pharma and Indigo

Brokerage Nomura maintained a neutral rating on HDFC Bank, Kotak Mahindra Bank has a buy rating on InterGlobe Aviation, Jefferies recommended a buy on Piramal Pharma and UBS maintained a buy on Infosys. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Nomura on HDFC Bank: Neutral| Target … Read more

Big movers on D-Street: What should investors do with Zomato, IndiGo and RVNL?

Big movers on D-Street: What should investors do with Zomato, IndiGo and RVNL?

Equity markets declined on Monday, snapping its two-day gaining streak due to weak trends in the global markets. The 30-share Sensex dropped 616 points to settle at 73,502 and the broader Nifty slumped 160 points to close at 22,332. Stocks that were in focus included names like Zomato, which fell 3.16%, IndiGo, which rose 3.52%, … Read more