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Thursday, March 28, 2024
TopicInterGlobe Aviation Ltd.

Topic: InterGlobe Aviation Ltd.

IndiGo in talks with Pratt & Whitney, CFM International for big engine order

The discussions with the rival manufacturers relate to engines that would power about 150 new Airbus SE A320neo jets and the agreement could be worth around $10.7 billion.

IndiGo hits turbulence as tussle between top bosses hurts company shares

IndiGo operator InterGlobe's shares tumbled as much as 19% amid concerns that a power struggle between co-founders Rakesh Gangwal and Rahul Bhatia will become prolonged.

Sebi seeks details from IndiGo after promoter Rakesh Gangwal flags governance issues

IndiGo promoter Rakesh Gangwal has accused co-founder Rahul Bhatia and his firms of indulging in some questionable transactions.

Pilot shortage is said to cripple Indigo, Asia’s biggest budget airline

Indigo scrapped as many as 49 flights on Wednesday

Jet Airways says not aware of any inquiry by Indian government

A financial news portal said that the airline is under scrutiny for alleged embezzlement of funds.

On Camera

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

Amid plans to lift AFSPA, Army starts training Jammu & Kashmir cops 

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.