The stock of the country's largest airline, InterGlobe Aviation (IndiGo), has risen 7 per cent over the last couple of trading sessions on expectations that strong passenger volumes, improving yields, and no restrictions on sale of stake by promoters would boost prospects and investor sentiment.
Analysts at Credit Suisse, who have an "outperform” rating on IndiGo, believe that the company could turn profitable in the December quarter on the back of strong yields and traffic improvement with load factors for the sector at near pre-Covid levels.
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Elon Musk's Troubled Tryst With India
Both Tesla and Starlink have been in limbo for over a year
FRL Ind Directors Tried 'Fraudulent Stratagem': Amazon
US retailer says FRL devised 'a stratagem to purportedly alienate and transfer around 835 retail stores to Reliance'
Export levy likely to push steel firms to review expansion plans
The export levy imposed on steel by the government on Saturday may prompt steel companies to review massive capacity expansion plans.
MFs' exposure to certificates of deposit up sharply since Oct
The mutual fund (MF) industry's exposure to bank certificates of deposit (CDs) has surged nearly fourfold since October, from just ₹48,576 crore to ₹1.76 trillion at the end of last month.
Launches, base biz expansion tonic for Dr Reddy's double-digit growth
After robust fourth-quarter results, near-term launches and cost-control efforts would be key
The push to sport from non-cricket leagues
"When we began our journey in the ecosystem, we took a gamble," says Prasad Mangipudi, managing director, of Sportzlive.
Cautious stand on proposed IPEF likely at Quad summit
Modi leaves for Tokyo to attend meet starting tomorrow
Fiscal punches land on Centre's balance sheet
Now, only tax revenue boost or expenditure cuts can help meet fiscal deficit target
Airlines'talent-honing policies in spotlight after CEO appointments
Report published in 2020 says induction of expatriate chief executive officers by Indian airlines was often seen as an answer to expertise crunch
Digital solution providers looking to enter 5G play
Digital solution providers to enterprises are evaluating whether to bid for 5G spectrum, a move which could bring in more players to add to the only three mobile telecom providers in the game: Reliance Jio, Airtel, and Vodafone Idea.
Waiting on mRNA Shots
Beijing refuses to allow Western vaccines even as the development of Chinese ones lags
The Price of Complacency
The White House and Congress are fighting over pocket change even though the pandemic is still a threat
Tomorrow: David Wallace-Wells
COVID’s Arithmetic A single metric might change much of what we know about the pandemic.
The WFH Experts In Hot Demand
Professors who’ve long studied remote work are now sought-after business advisers
The Finest Art
"As hospitals gasp for breath at the height of each wave of the pandemic, the nurses working with Covid patients never let go of hope and healing, even when they are battered themselves. The virus has become more advanced — but so have these professionals dealing with it."
Virus. Vaccines. And Vacillations
Vaccine mandates... and why everyone is talking about it.
The Forever Virus
The Omicron wave could possibly mark the beginning of the end of the pandemic. What else does the virus have in store for 2022 and the years to come?
The Forever Virus
The Omicron wave could possibly mark the beginning of the end of the pandemic. What else does the virus have in store for 2022 and the years to come?
Omicron Variant: How Worried Should We Be About It?
Research has started to emerge on the latest variant of COVID. How concerned should we be about it, and what makes it different from previous variants?
A Crash Course in Omicronomics
Sussing out the impact of the new coronavirus variant on growth and inflation