IndiGo, India’s largest airline, reported a net loss of Rs 986.7 crore for the September quarter, its first quarterly loss in two years. This was attributed to higher fuel costs and increased aircraft rental expenses. Despite this, revenue grew by 14.6% year-on-year to Rs 17,800 crore.
Related Posts
India urged to deepen ties with Taiwan, Japan for semiconductor growth: Report
India needs to deepen partnerships with Taiwan and Japan to enhance its semiconductor ecosystem, says Elara Securities. Despite government incentives, major Taiwanese firms remain hesitant […]
Chhath puja 2024 bank holidays: Banks closed up to 4 days in some states from November 7 to 10 – check list
Chhath puja 2024 bank holidays: Multiple states in India will observe bank holidays for Chhath Puja celebrations from November 7-10, 2024. November will see numerous […]