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Loading the player. IndiGo parent InterGlobe Aviation pays Rs 2.1 crore to settle case with SEBI InterGlobe Aviation, the parent of low-cost carrier IndiGo, has paid Rs 2.10 crore to Securities and Exchange Board of India (SEBI) to settle a pending case. The case pertains to alleged corporate governance lapses and listing norms violations that were raised by the company s co-promoter Rakesh Gangwal. The company has settled the matter without admitting or denying any violation on its part. E-commerce companies under govt scanner on retailers complaints: Piyush Goyal The government is investigating some e-commerce companies as there have been complaints from consumers and small retailers about certain practices followed by these companies, Commerce and Industry Minister Piyush Goyal said on Tuesday. Saying that India s foreign direct investment (FDI) policy for e-commerce sector is robust, Goyal said the government is considering issuing some clarifications to ensu ....
5 Min Read NEW DELHI/SYDNEY (Reuters) - India’s IndiGo has emerged as one of the world’s biggest airlines by capacity, aided by a swift recovery in the domestic aviation market to nearly 80% of pre-pandemic levels and the financial strength to boost market share as rivals struggle. FILE PHOTO: An IndiGo Airlines Airbus A320 aircraft takes off in Colomiers near Toulouse, France, October 19, 2017. REUTERS/Regis Duvignau/File Photo The airline is now the world’s seventh biggest by capacity and the largest outside the United States and China, according to data firm OAG. It is a rare bright spot in a battered global aviation industry, providing a lifeline to squeezed lessors and aircraft manufacturers by paying bills on time and in full. ....
India's IndiGo has emerged as one of the world's biggest airlines by capacity, aided by a swift recovery in the domestic aviation market to nearly 80% of pre-pandemic levels and the financial strength to boost market share as rivals struggle. ....