IndiGo Q3 profit soars 24% to Rs 657 crore, highest in 10-year history
IndiGo Q3 profit soars 24% to Rs 657 crore, highest in 10-year history

One of the profitable carriers in the country, IndiGo flew 8.33 million passengers in the 2015 December quarter compared to 6.53 million people flown in the year-ago period.

This airline recorded highest seat factor among domestic carriers
This airline recorded highest seat factor among domestic carriers

SpiceJet has for the seventh consecutive month reported a seat factor of above 90 percent in November.

Angry husband abandons wife in return flight from honeymoon in Goa
Angry husband abandons wife in return flight from honeymoon in Goa

 Quarrels and arguments are said to be the normal part of a married life. But it was not for this newly-wed couple from Lucknow.

Chennai floods: Know which flights are cancelled!
Chennai floods: Know which flights are cancelled!

In the wake of incessant rain and heavy downpour in Chennai leading to floods that have affected normal lives, various domestic flights have cancelled their services to and fro from the city.

InterGlobe frames code for price sensitive info disclosure

IndiGo's parent InterGlobe Aviation, which debuted on the capital market earlier this month, has put in place a code to ensure fair disclosure of unpublished price sensitive information.

InterGlobe Aviation raises Rs 3,008 crore from IPO
InterGlobe Aviation raises Rs 3,008 crore from IPO

The public issue closed on October 29 after three days of bidding in a price band of Rs 700-765. The company has now fixed the issue price at Rs 765 per share, the upper end of the price band.

InterGlobe Aviation IPO flies high, over-subscribed 6.15 times
InterGlobe Aviation IPO flies high, over-subscribed 6.15 times

The Rs 3,018-crore public offer of IndiGo's parent InterGlobe Aviation, the biggest IPO in nearly three years, elicited robust response as the issue got over- subscribed 6.15 times on the last day of bidding Thursday.

InterGlobe Aviation Rs 3,018-cr IPO over-subscribed 3.63 times
InterGlobe Aviation Rs 3,018-cr IPO over-subscribed 3.63 times

This is the biggest IPO in the Indian market since Bharti Infratel's over Rs 4,000-crore public offer in December, 2012.

InterGlobe Aviation Rs 3,018-cr IPO over-subscribed 1.55 times
InterGlobe Aviation Rs 3,018-cr IPO over-subscribed 1.55 times

The IPO generated demand worth over Rs 4,000 crore, as it received bids for 4,67,45,535 shares against total issue size of 3,01,22,088 shares, taking the overall subscription to 1.55 times, data available with the NSE till 1700 hrs showed.

InterGlobe Aviation's Rs 3,018 cr IPO over-subscribed
InterGlobe Aviation's Rs 3,018 cr IPO over-subscribed

The IPO received bids for 3,20,48,760 shares against the total issue size of 3,01,22,088 shares, data available with the NSE till 1300 hrs showed.

IndiGo IPO to 're-rate' domestic aviation sector: CAPA

IndiGo's IPO, valuing its parent company at over USD 4 billion, is a significant milestone for the domestic aviation sector that has been grappling with adverse conditions over the last many years, says a report.

InterGlobe Aviation IPO off to flying start; subscribed 87%
InterGlobe Aviation IPO off to flying start; subscribed 87%

The Rs 3,018-crore initial public offer of IndiGo's parent InterGlobe Aviation, the biggest in nearly three years, started on a promising note as the issue was subscribed 87 percent on the first day itself.

InterGlobe Aviation raises Rs 832 crore from anchor investors
InterGlobe Aviation raises Rs 832 crore from anchor investors

Ahead of its much-awaited IPO Tuesday, IndiGo's parent InterGlobe Aviation has raised Rs 832 crore from anchor investors by allotting shares at the upper price band of Rs 765 apiece.

IndiGo to induct ten A-320 Neos this fiscal
IndiGo to induct ten A-320 Neos this fiscal

No-frills airline IndiGo will induct 10 fuel-efficient A-320 Neos this fiscal to its aircraft fleet and expects the company's low-cost structure to deliver improved profitability in the coming years.

IndiGo does not chase market share, says Aditya Ghosh

Profitable no-frills airline IndiGo Wednesday said it does not chase market share or load factor as priorities even as it continues to corner more than one-third of the total domestic air passenger traffic.

IndiGo's 20-day profit covers Rs 139 crore negative net worth
IndiGo's 20-day profit covers Rs 139 crore negative net worth

Ahead of the Rs 3,000-crore IPO, IndiGo's parent InterGlobe Aviation Wednesday said twenty days of profit could cover its negative net worth of Rs 139 crore at the end of the June quarter.

IndiGo lowers IPO size to Rs 3,000 cr; one promoter to sell less
IndiGo lowers IPO size to Rs 3,000 cr; one promoter to sell less

Low-cost carrier IndiGo's operator InterGlobe Aviation Monday night lowered its IPO size by over Rs 200 crore to nearly Rs 3,000 crore with one promoter deciding to sell less number of shares in the public offer.

Aviation stocks on fire, surge as much as 10%

Shares of SpiceJet and Jet Airways hogged limelight Monday, surging as much as 10 percent, in-line with an positive broader market amid lower crude oil prices and low-cost airline IndiGo's parent InterGlobe Aviation fixing the price band for its initial share sale.

IndiGo to retire Rs 1,166 cr debt from IPO proceeds
IndiGo to retire Rs 1,166 cr debt from IPO proceeds

Set to hit the capital markets with Rs 3,268 crore IPO next week, InterGlobe Aviation today said it will retire nearly one-third of its total debt of Rs 3,912 crore from the share-sale proceeds.

IPO-bound profitable IndiGo has negative net worth
IPO-bound profitable IndiGo has negative net worth

No-frills carrier IndiGo's parent InterGlobe Aviation, which is gearing up for Rs 3,200-crore initial share sale, may be profitable, but its net worth has come down significantly in three months ended this June.