Buy SBI on dips, avoid aviation for now: Deepak Shenoy, Capital Mind
Deepak Shenoy, Founder, Capital Mind, says IT remains a cash-heavy strong balance sheet part of portfolio like FMCG. But IT is a lot less expensive than FMCG.
InterGlobe Aviation shares gain 2% post Q3 results; should you buy?
HDFC Securities maintained a ‘Buy’ call on InterGlobe Aviation with a tar...
Air India jumbo plane ready for evacuation of Indians from Wuhan
Some 250 Indians are to be evacuated, a source said, adding, "we are awaitin...
Govt's decision to sell 100 per cent stake in Air India a 'bold reform': CAPA
The government on Monday announced sale of 100 per cent stake in debt-laden Air India as it issued the preliminary bid document for the strategic disinvestment and has set March 17, as the deadline for submitting expression of interest.
Govt Prepares to Airlift Indians from China
About 700 Indian students are believed to be studying in Wuhan and its surrounding areas, which are at the heart of the viral outbreak, said officials. While most of them had left for home during Chinese New Year holidays, 250-300 were said to be still in and around the city.
Board Meetings Today: HDFC, DRL, InterGlobe Aviation, Wockhardt and United Spirits
It makes sense to have a look at the corporate agendas for the day’s as announced to the stock exchanges.
IndiGo Q3 profit jumps 168% to Rs 496 crore; revenue rises 26%
InterGlobe Aviation -- parent company of IndiGo airline -- on Monday reported a whopping 168 per cent rise in its third quarter (Q3 FY20) co...
Jewar airport: Land for phase one acquired; villagers clash with officials, SDM hurt
By transferring the final parcel of land to the Yamuna Expressway Authority, the Gautam Buddh Nagar administration has completed the acquisition process for the first phase of Jewar airport, the officials said. The administration acquired around 18 hectares of land, 11 from Dayanatpur and seven from Rohi, completing acquisition of 1,334 hectare of land.
Centre rolls out Air India's disinvestment process, seeks Expression of Interest
Union Civil Aviation Minister Hardeep Singh Puri on Monday said the Centre has released a memorandum for seeking the Expression of Interest ...
Bengaluru international airport records double-digit growth with 34 million passengers last year
While international passenger traffic witnessed double-digit growth of 14 per cent, an upswing from 4.27 million in calendar 2018 to 4.87 million in calendar 2019, domestic traffic grew by 2.6 per cent, from 28.05 million in calendar 2018 to 28.78 million in calendar 2019.
IndiGo Q3 results: Profit jumps 2-fold to Rs 496 crore; revenue rises 26%
The company said its passenger ticket revenue rose 24.1 per cent to Rs 8,770 crore.
China now world's second biggest weapons producer: researchers
A report by the Stockholm International Peace Research Institute (SIPRI) has hinted on China being world's second largest producer of munitions. The report notes however that the lack of transparency remains an "important caveat" when studying the Chinese arms industry.
Boeing’s new 777X makes first flight
The world's largest twin-engine aircraft landed at Boeing Field near Seattle after approximately four hours in the air, following months of delays and erratic weather in recent days. High winds led to the maiden flight's postponement on Friday, and the company blamed weather for an earlier delay on Thursday, which was rainy.
Buy InterGlobe Aviation, price target Rs 1,540: Kunal Bothra
The analyst suggested a stoploss at Rs 1430.
Investors fly with IndiGo hoping promoters settle stake sale row
India’s largest airline by market share, has gained close to 10% in the year-to-date period.
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