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Proxy firm IiAS faults Rahul Bhatia's leadership as IndiGo faces turbulence

Mumbai, Dec. 12 -- Institutional Investor Advisory Services India Ltd (IiAS) has faulted IndiGo's promoter and managing director (M), Rahul Bhatia, for not leading from the front when the airline is f... Read More


Flight cancellations will hurt, but IndiGo has other worries too

Mumbai/New Delhi, Dec. 9 -- Record flight cancellations and a weak Indian rupee threaten to slam the financials of IndiGo in the December quarter, analysts said. Concerns are also rising that India's... Read More


Centre and IndiGo differ on whether airline flagged issues over FDTL rule

New Delhi, Dec. 8 -- The central government has taken a dim view of IndiGo's mass cancellation of flights-over 2,500 by IndiGo in the first six days of December - that left thousands of passengers str... Read More


IndiGo scrambles to add over 900 pilots as flight-limit rules bite. Experts warn of challenge

NEW DELHI, Dec. 7 -- IndiGo is moving to rapidly rebuild its pilot pool after a shortage that nearly grounded India's bustling air travel network last week, outlining a plan to add 158 pilots by 10 Fe... Read More


IndiGo's December chaos is unfolding-and passengers are paying the price

MUMBAI/NEW DELHI, Dec. 5 -- Flying could get more expensive in the coming weeks, with airfares expected to rise by at least 8%, analysts said, as IndiGo prepares to cut domestic flights from next week... Read More


Mineral security pivot: Steel ministry orders SAIL, NDMC to acquire critical assets abroad

Mumbai, New Delhi, Nov. 28 -- Indian public-sector companies, led by Steel Authority of India Ltd (SAIL) and National Mineral Development Corporation (NMDC), are scouting for mineral asset blocks abro... Read More


Centre readies Rs.400 crore lifeline for Salem Steel

New Delhi, Nov. 25 -- The Union steel ministry is preparing to infuse more than Rs.400 crore into Salem Steel Plant, the stainless-steel unit of the Steel Authority of India Ltd (SAIL), marking a shar... Read More


Centre wants to rewrite the mining playbook. But states say the changes will cost them thousands of crores.

New Delhi, Nov. 18 -- India's push to rewrite iron ore mining auction rules has hit unexpected turbulence, with two major mineral-producing states warning the reforms could drain their revenues. Odis... Read More


India may ease imports of specialty steel to address supply gaps

Mumbai/New Delhi, Nov. 14 -- India is preparing to ease rules for the import of certain types of specialty steel, most of which is not made in India or is produced in small quantities and used in cars... Read More


India slaps anti-dumping duty on Vietnamese steel-but the hit may be soft

New Delhi, Nov. 13 -- To protect domestic steelmakers, the finance ministry has imposed anti-dumping duties on specific Vietnamese steel products for five years. Acting on the directorate general of ... Read More