Monday, 27 June, 2022
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

YourTurn

Free power & no new taxes in AAP govt’s Punjab Budget, but fiscal consolidation roadmap missing

Finance Minister Harpal Singh Cheema emphasised improving ‘fiscal health’ and augmenting tax revenues in AAP govt's maiden Budget Monday, but outstanding debt expected to rise by 8.4%.

Defence

The Indian Air Force logo | Commons

Almost 4,000 enrol for IAF’s Agnipath recruitment scheme on day 1 of online registrations

These registrations pertain to the Indian Air Force's Agniveer Vayu programme. The online portal for the first phase was opened at 10 am Friday, and will close on 5 July.

With Agnipath, Modi govt’s shock & awe doctrine may have misfired a vital reform, yet again

Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.
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