Author: peribiden

How Indigo passes through a pandemic and joins the Global League of Untung-Makers

Indigo, the largest operator in India with the size of the fleet and domestic market share, joined global colleagues in financial recovery in the third quarter of FY22. The airline reported Rs 129.8 Crore’s profit at Rs 9,294.7 Crore income from operations. This helped cut the loss of nine months to Rs 4,480 Crore. This […]

MoneyControl Pro Weekender | Praise from Mr. Chidambaram

We have a union budget that flows out of our ears throughout the week. Maybe, the most interesting reaction comes from Minister of Finance P Chidambaram, who said it was “the most capitalist budget ever”. It was a big praise for Nirmala Sitharaman. However, strong growth was carried by capitalism and private companies that had […]

Indusind Bank Moves NCLT to Zee Entertainment More than RS 83 Crore Default

Indusind Bank Limited has transferred the National Tribunal Company Law (NCLT), Mumbai Bench claimed the default RS 83 Crore by Zee Entertainment. “An application has been submitted against the company, under section 7 Code of Bankruptcy and Bankruptrbing, 2016 Read with Rules 4 Bankruptcy and Bankruptcy (Authority Application Set) Rule 2016, by Indusind Bank Limited, […]

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