Anirban Chowdhury

  • Foreign trips may pinch fliers as airfares surge

    Foreign trips may pinch fliers as airfares surge

    Flights to US, Europe this holiday season may cost three times more on Jet’s exit. The India-London sector could see new flights, with Vistara and IndiGo possibly starting them next year, but other routes will have to wait. A Delhi-Paris ticket is priced at Rs 1,14,642 against Rs 40,020 in December last year, according to travel aggregator ixigo.

    IndiGo becomes IATA member

    IndiGo becomes IATA member

    IndiGo on Wednesday announced it has become a member of the global lobbying body the International Air Transport Association, which is a group of more than 290 member airlines.

    IndiGo director asks US Court to revoke summons

    IndiGo director asks US Court to revoke summons

    Airline’s founder Rahul Bhatia and his IGE Group filed a petition in Maryland District Court against IndiGo’s independent director Anupam Khanna, accusing him of acting in concert with co-founder Gangwal, who Bhatia has legally accused of breaching the shareholders' agreement on IndiGo. Bhatia filed the case on the alleged breach of shareholders’ agreement.

    Logistics firms feel the slowdown, scale back on expansion

    Logistics firms feel the slowdown, scale back on expansion

    India’s second-quarter GDP data is to be released on November 29. In the recent past, auto sales, consumption, real estate sales and bank credit data have pointed to a demand slowdown. India’s industrial production shrank for the second consecutive month in September, its worst performance in the series that began in April 2012.

    Raymond to demerge core lifestyle business

    Raymond to demerge core lifestyle business

    Raymond Thursday announced the demerger of its core lifestyle business which will create two separate companies—the new one housing the core branded textile, branded apparel and garmenting businesses and the existing one to have its new real estate project, land bank, engineering businesses of auto components and FMCG businesses among others.

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