The firm Thursday posted a drop in its net profit to Rs 114.8 crore for the quarter ended 31 March, 2023, against Rs 207.7 crore in the year-ago period.
As usual, analysts are predicting a profit bounty for Indian firms. What’s cheering bulls today is that analysts have gotten a little better at their jobs.
While the commission didn’t mention provisions under which IndiGo's market domination would be examined, Competition Act 2002 prohibits abuse of dominant position by any enterprise.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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