SPICEJET Q2 RESULTS
Jet Airways, IndiGo, Spicejet slip as air passenger traffic growth tumbles in 2019
Domestic air passenger traffic in December 2019 increased by 2.56 per cent YoY to 1.30 cr.
L&T Finance Holdings Q3 profit inches up to Rs 591 crore
The NBFC said it continued to deliver top quartile return on equity at 16.51 per cen...
View: How India can keep its airlines afloat
Kingfisher and Jet are symptomatic of a larger industry trend that is highly turbulent and uncer...
Sensex bounces back by 635 pts as US-Iran tensions ease; Nifty retakes 12,200
The advance-decline ratio leaned heavily in favour of the buyers on BSE on Thursday.
Monday mayhem: Rs 3,00,000 cr gone, thanks to Trump’s muscle flexing
Financial stocks took a hard knock in Monday's trade. As many as 37 of 40 banking stocks fell up to 5 per cent.
How Mideast flareup is going to singe earnings of India Inc
A $10 per barrel change in crude oil prices results in a 30 bps impact on inflation.
Predatory airfare pricing going on, airlines will shut down if it continues: Aviation Minister Hardeep Singh Puri
IndiGo & SpiceJet reported Rs 1,062 crore and Rs 463 crore loss respectively in the second quarter of 2019-20.
There's no free lunch, can't promise to grow 20% in sectors with negative growth: Dinanath Dubhashi, L&T Finance
We do not think there will be further margin expansion. This also includes some income from assets which comes once in a while. It is not a one-time extraordinary income, it just does not repeat every quarter. We have always guided this to be around 6.7-7%. We should have no problem keeping it this level which is more sustainable.
Plumes of uncertainty, hopes of connectivity dot Indian aviation space
After surging over 18 per cent in 2018, domestic air passenger growth sputtered to a five-year low in April 2019 before flying back into double-digit expansion of 11.86 per cent in November.
SpiceJet Q2 loss widens to Rs 463 crore
SpiceJet also said that the airline’s losses were higher due to new accounting standard norms and grounding of Boeing 737 MAX.
SpiceJet slips 7% as Q2 net loss widens
In a release, SpiceJet said the net loss of Rs 462.58 crore in the latest September quarter was mainly on account of inflated costs with respect to MAX grounding and a seasonally weak quarter.
DGCA to NCLT: Will positively consider concrete biz plan for Jet Airways
The DGCA has informed the NCLT that they will positively consider any concrete business plan for Jet Airways.
Reliance Retail m-cap surpasses HDFC, ICICI Bank, Kotak and SBI
Reliance Retail shares, in the unlisted market, have risen over 75 per cent in the five months.
Tech View: Nifty forms Bearish Belt Hold pattern; showing fatigue
The trend may become bullish, once it crosses above the 12,150 level.
NCLT again seeks clarity on Jet slots from DGCA, ministry
After Jet Airways went bust in mid-April, government temporarily allotted the hundreds of slots owned by Jet to other carriers, with an apparent bid to contain soaring airfares in the peak holiday season. The slots were first allotted to other airlines for three months, which was extended to December-end. The lack of clarity on slots has created confusion.
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