IndiGo owner files for $400 million IPO

Last Updated: Wednesday, July 1, 2015, 13:41

The owner of India`s biggest airline, budget carrier IndiGo, is seeking to raise more than USD 400 million in an initial public offering to fund expansion into one of the world`s fastest growing and most competitive domestic air travel markets.

Big day for IPOs: IndiGo, Infibeam, Teamlease eye over Rs 3,000 crore

Last Updated: Tuesday, June 30, 2015, 12:26

In a big day for IPOs, at least three companies -- low-cost carrier IndiGo, staffing firm Teamlease and e-retailer Infibeam -- have lined up public offers to raise an estimated over Rs 3,000 crore from investors.

Competition Commission rejects complaint against IndiGo

Last Updated: Monday, June 29, 2015, 21:40

The Competition Commission has rejected allegations that leading airline IndiGo abused its dominant position by imposing arbitrary and unfair conditions on passengers.

IPO market heats up; over 30 companies line up public offers

Last Updated: Sunday, June 28, 2015, 13:08

Heating up the IPO space, over 30 companies have lined up plans to raise funds totalling over Rs 20,000 crore through public offers, including big names like IndiGo, Cafe Coffee Day, Matrix Cellular and GVK Airport.

Indigo likely to file papers for Rs 2,500-cr IPO next week

Last Updated: Friday, June 26, 2015, 23:35

Leading airline IndiGo is likely to soon approach market regulator Sebi with its IPO plan to raise an estimated Rs 2,500 crore.

DGCA mulls allowing airlines to charge for check in baggage

Last Updated: Friday, June 26, 2015, 19:11

Aviation regulator DGCA is likely to take a call shortly on allowing domestic airlines to charge for check in baggage while providing incentives for passengers who travel light.

Domestic Airlines may charge extra for check-in baggage

Last Updated: Friday, June 26, 2015, 18:40

Low cost airlines led by Indigo, SpiceJet and AirAsia have approached the Directorate General of Civil Aviation (DGCA) to allow them to charge for all check-in baggage.

Propelled by summer bookings domestic air travel clocks profit

Last Updated: Friday, June 19, 2015, 17:36

All Indian carriers together ferried a total of 71.27 lakh passengers in May as compared to 60.22 lakh passengers during May 2014, according to Directorate General of Civil Aviation (DGCA) data for the month.

Airlines trim losses by 30%, Indigo reports record profit

Last Updated: Monday, June 8, 2015, 23:24

Lower fuel prices have helped domestic carriers to trim their combined losses by an estimated 30 percent at USD 1.21-1.27 billion in fiscal 2015, while budget carrier IndiGo reported an estimated record USD 150-175 million profit during the period, according to an industry report.

IndiGo launches pre-paid virtual coupon scheme for flyers

Last Updated: Tuesday, June 2, 2015, 21:14

No-frills carrier IndiGo on Tuesday rolled out a new pre-paid virtual coupon scheme for regular flyers, which allows a customer to use them at any time of travel without worrying about price fluctuations.

Pre-booking seat with extra leg-room to cost more

Last Updated: Wednesday, May 13, 2015, 22:24

The move comes after the civil aviation regulator, Directorate General of Civil Aviation (DGCA) allowed the airlines to charge for all such services.

Qatar Airways keen to buy stake in IndiGo

Last Updated: Wednesday, May 6, 2015, 22:30

Qatar Airways Wednesday said it was keen to buy stake in Indigo, India's largest airline by market share, if its promoters were open to take an investment partner on board.