Interglobe

InterGlobe Aviation Chairman M Devadas Mallya passes away in Delhi; was ailing for two years

Mallya had served as Chairman and Managing Director of Bank of Baroda and Bank of Maharashtra

Sensex falls over 200 points in early trade on weak global cues; aviation, OMC stocks surge

Sensex was trading 215.44 points, or 0.61 percent, lower at 35,259.07 points.

IndiGo grounds new Airbus A320 neo following Pratt and Whitney engine issues

The aircraft had flown less then 50 hours after it was delivered to IndiGo on 31 July this year, raising concern over grounding of a new plane.

InterGlobe Launches Solution For Airlines, Cruises

The solution is focused towards suppliers of travel like airlines, railways and cruises.

Decoding negative net worth: IndiGo paid about 80% of its profit as dividend to promoters

The second interesting fact one can gather from the RHP is as of June 30, the airline had Rs 3,912.375 crore debt on its books, down slightly from Rs 3926.16 crore at the end of fiscal 2015

Salaries at B-schools up 20%; Microsoft, Google, Snapdeal big recruiters

The placement season at business schools is witnessing a significant uptrend this year with rush of offers from domestic as well as international MNCs and average salaries rising by over 20 percent.

Qatar Airways CEO wants to buy stake in IndiGo airlines

IndiGo has never earlier indicated anything about considering selling its stake, but its consistently profitable performance has attracted several major global airlines.