Passengers at Delhi and Mumbai airports could face user charges rising up to 22 times after the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) revised the tariff formula for FY09-FY14, leading to over ₹50,000 crore in under-recovery for the operators. This shortfall will likely be recouped through higher user development fees (UDF), landing, and parking charges, potentially driving up airfares and slowing passenger growth at India’s busiest hubs.
IndiGo's board chairman Vikram Singh Mehta has issued a statement refuting claims that the airline intentionally orchestrated recent flight cancellations to pressure the government into relaxing pilot rest-hour regulations. The chairman emphasized...
Meesho shares delivered an impressive market performance on their Dalal Street debut, opening at a significant premium following robust investor demand during the IPO subscription period. The company listed at Rs 162.05...
As IndiGo’s nationwide operations remained in turmoil for the fourth consecutive day on Friday, around 30 flights from Goa’s Dabolim airport were cancelled in the morning, disrupting services to key cities such...
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