interglobe aviation

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    Crude Prices & Rupee Weakness Weigh on Stocks

    Mumbai, March 27 The benchmark indices Sensex and Nifty fell by over 2% on Friday, following a two-day rally, in line with a weak trend in global peers, as the US-Iran conflict remained the key factor weighing on markets, raising doubts about a de-escalation of the war.The persistently high...
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    IndiGo Appoints Former Air India Express Head Amid CEO Transition

    New Delhi, March 23 IndiGo, the country's largest airline, announced on Monday the appointment of former Air India Express Managing Director Aloke Singh as its Chief Strategy Officer.The appointment comes two weeks after the sudden resignation of IndiGo's CEO, Pieter Elbers.Singh, a veteran...
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    India's Sensex and Nifty Rise in Early Trade

    Mumbai, March 18 The benchmark indices in the Indian stock market, Sensex and Nifty, rose in early trading on Wednesday, building on the gains from the previous two trading sessions, amid falling crude oil prices and a positive trend in global markets.A sharp rise in IT stocks also contributed...
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    India's Equity Markets See Positive Turn After Trading Start

    Mumbai, March 17 The benchmark equity indices, Sensex and Nifty, rebounded after a fall in early trading on Tuesday, mirroring a positive trend in global markets.The 30-share BSE Sensex declined by 144.34 points to 75,358.51 in the initial trading session. The 50-share NSE Nifty dipped by...
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    Stock Markets Rebound After 3-Day Slump

    Mumbai, March 16 – The benchmark equity indices, Sensex and Nifty, rebounded on Monday after a three-day slump, driven by value buying in blue-chip stocks like HDFC Bank and State Bank of India.In the initial trading session, the 30-share BSE Sensex declined by 179.31 points to 74,384.61. The...
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    India's Stock Market Faces Pressure from Oil and Global Trends

    Mumbai, March 12 – The benchmark indices Sensex and Nifty experienced a sharp decline in early trading on Thursday, as a significant increase in crude oil prices, driven by the ongoing crisis in the Middle East, weighed heavily on investor sentiment.Furthermore, weak global market trends and...
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    CCI Dismisses Complaint Against IndiGo and Air India

    New Delhi, March 11 The Fair Trade Regulator, CCI, on Wednesday dismissed a complaint alleging that InterGlobe Aviation and Air India were abusing their market dominance.The complainant alleged that the domestic airlines were maintaining unreasonable and illegal cancellation charges and...
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    InterGlobe Aviation Appoints Interim CEO Following Elbers' Resignation

    New Delhi, March 10 IndiGo CEO Pieter Elbers resigned on Tuesday, citing personal reasons, and the country's largest airline has relieved him with immediate effect, a development that comes three months after massive operational disruptions triggered widespread public outrage and regulatory...
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    InterGlobe Aviation Announces Leadership Transition

    New Delhi, March 10 IndiGo CEO Pieter Elbers has tendered his resignation on Tuesday, three months after the country's largest airline faced significant operational disruptions.In the interim, the airline's Managing Director Rahul Bhatia will assume management until the company announces the...
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    India's Stock Market Recovered After Crude Oil Price Decline

    Mumbai, March 10 The stock market benchmark indices, Sensex and Nifty, ended nearly 1 per cent higher on Tuesday, after two days of heavy decline, following a drop in crude oil prices and a recovery in global markets amid hopes that the conflict in West Asia could soon end.The 30-share BSE...
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    Market Downturn: Indian Stocks Decline on Global Trends

    March 09, New Delhi – India's benchmark stock indices, the BSE Sensex and Nifty 50, plunged by nearly 3 per cent in early trading on Monday.The sharp decline came as crude oil prices surged past $110 per barrel and global equity markets showed a bearish trend.The 30-share Bombay Stock...
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    Market Downturn: Rising Oil Prices and Middle East Conflict Impact Investors

    Mumbai, March 9 The benchmark stock market indices, Sensex and Nifty, fell by nearly 3% in the early trading on Monday, as soaring crude oil prices and a bearish trend in global equities weighed heavily on investors' sentiment.In addition, relentless outflows of foreign funds also made...
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    Indian Stock Markets Fall Amid Middle East Tensions and Fund Outflows

    Mumbai, March 6 The benchmark indices Sensex and Nifty in the Indian stock market plunged in early trading on Friday, following a day of relative calm amidst persistent geopolitical conflict in the Middle East and continued outflows of foreign funds.Weakness in US equities and a subdued trend...
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    Stock Market Decline Linked to Middle East Airspace Restrictions

    New Delhi, March 2 Shares of airline companies, and those providing tour and travel-related services, declined on Monday amid escalating tensions in the Middle East.The stock of InterGlobe Aviation closed 6.25 per cent lower after falling 7.50 per cent during intra-day trading on the BSE...
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    Market Reaction: Geopolitical Uncertainty Impacts Indian Indices

    Mumbai, March 2 The benchmark indices in the Indian stock market, Sensex and Nifty, continued to trade with significant losses during the afternoon session on Monday, tracking a sharp increase in crude oil prices amid escalating tensions in the Middle East.The 30-share BSE Sensex fell by...
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    Middle East Tensions Lead to Tour Operator Booking Cancellations

    New Delhi, March 2 Shares of airline companies and tour and travel-related service providers plummeted on Monday morning as tensions in the Middle East escalated.The stock of InterGlobe Aviation fell by 7.50 percent, while SpiceJet declined by 7.27 percent on the BSE.Shares of Yatra Online...
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    Market Reaction: India's Indices Decline Due to Global Risks

    Mumbai, February 27 The benchmark Sensex plunged by 961 points while the broader Nifty closed below 25,200 on Friday due to fresh outflows of foreign funds and subdued global trends amid rising geopolitical risks.The 30-share BSE Sensex fell by 961.42 points or 1.17 per cent to close at...
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    Market Reaction: Geopolitical Risks Trigger Stock Decline

    Mumbai, February 27 Benchmark indices Sensex and Nifty fell by over 1% on Friday due to fresh outflows of foreign funds and subdued global trends amid rising geopolitical risks.The lack of progress in US-Iran nuclear talks has intensified concerns about further escalation of tensions in the...
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    Global Markets Mixed: Indian Indices Close Marginally Higher

    Mumbai, February 25 Benchmark equity indices Sensex and Nifty ended marginally higher on Wednesday, trimming most of their sharp intra-day gains, amid profit-taking.After a volatile day of trading, the 30-share BSE Sensex ended 50.15 points or 0.06 per cent higher at 82,276.07. During the day...
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    Sensex Jumps 559 Points Amid Global Market Recovery

    Mumbai, February 25 The benchmark equity indices, Sensex and Nifty, rallied in the early trading session on Wednesday, recovering from the sharp fall in the previous session, driven by buying in IT stocks and a positive trend in global markets.The 30-share BSE Sensex jumped by 558.79 points to...
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