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Source: Live Mint InterGlobe Aviation, parent of IndiGo, is expanding into hospitality through a new partnership with French hotel major Accor. The two companies are building a unified hotel management platform with plans to operate 300 properties across India by 2030, targeting the fast-growing mid-market segment. As part of this plan, Accor and InterGlobe have…
Source: Live Mint Low-cost airline Indigo made history this week by momentarily surpassing global giants such as Delta Air Lines and Ryanair to become the world’s most valuable airline by market capitalization. The stock has seen a strong rally this year, gaining 13% so far and pushing its market cap past ₹2 lakh crore (around…
Source: Live Mint This chemical stock has been undergoing a lot of pain and was subject to some intense sell-off. The last few days have been spent in consolidation, and now, with volatility expanding to the upside, one can look at some potential rise in store. Also, the rebound emerging in certain high beta stocks,…
Source: Live Mint Amid the ongoing market downturn, veteran global fund manager Chris Wood of Jefferies has made adjustments to his India long-only portfolio. Portfolio Changes In his latest “GREED & FEAR” note, Wood announced the inclusion of InterGlobe Aviation Ltd., the operator of IndiGo, with a 4 percent weighting in the India long-only portfolio….
Source: Live Mint IndiGo Q3 Results 2025 Live Updates: InterGlobe Aviation, the operator of IndiGo airlines, is set to announce its Q3 results today. The board of directors of IndiGo will meet today to consider and approve the financial results for the third quarter of FY25. IndiGo is expected to see a sharp year-on-year (YoY)…
Source: Live Mint IndiGo Q3 Results 2025: InterGlobe Aviation, the operator of IndiGo airlines, is set to announce its Q3 results today. The board of directors of IndiGo will meet today to consider and approve the financial results for the third quarter of FY25. According to the BSE results calendar, IndiGo Q3 results are among…
Source: Live Mint InterGlobe Aviation Ltd’s shares lost about 7% on Monday after higher costs marred the airline’s September quarter (Q2FY25) results, leading to a worse-than-estimated net loss of ₹990 crore. Naturally, the poor show has triggered a cut in earnings estimates for FY25 and FY26. InterGlobe runs IndiGo, India’s largest airline. Jefferies India has…
