Indigo shares fall! InterGlobe Aviation stock falls 3% as CCI launches detailed probe

 & more related News Here

Indigo shares fall! InterGlobe Aviation stock falls 3% as CCI launches detailed probe & more related News Here

Shares of InterGlobe Aviation fell sharply on Thursday after the Competition Commission of India (CCI) ordered it to launch a detailed investigation into IndiGo over alleged unfair trade practices. The stock fell more than 3% during the morning session. On the BSE, shares of the airline’s parent company fell 3.65% to Rs 4,782.45, while on…

Read More
IndiGo disruption: CCI seeks details from airline, DGCA; Major post investigation underway

 & more related News Here

IndiGo disruption: CCI seeks details from airline, DGCA; Major post investigation underway & more related News Here

The Competition Commission of India (CCI) has sought information from IndiGo and aviation regulator DGCA to assess whether the country’s largest airline was involved in unfair trade practices following mass flight cancellations last month, PTI quoted sources as saying.In early December, IndiGo, which has over 63% share in the domestic aviation market, faced major operational…

Read More