Airlines sold fewer seats in highest fare bracket in April, DGCA data show

Domestic airlines sold far fewer seats in the highest fare bracket in April, contrary to the concerns raised by some parliamentarians, according to the first monthly analysis of the Directorate-General of Civil Aviation (DGCA) aimed at checking price surges. The data showed that Jet Airways sold an average 0.41 per cent of tickets in the […]

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Airline stocks jump up to 9% on 10% cut in jet fuel prices

NEW DELHI: Aviation stocks are on cloud nine with the old listed companies – Jet Airways and SpiceJet – touching a five-year high and newly listed IndiGo touching a life high on Friday. The fresh highs came as oil companies cut jet fuel prices by 10%, a move that will boost profitability of airlines. Jet […]

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Companies raise Rs.13,600 crore in 2015

Ending the initial public offering (IPO) drought, 21 companies have entered Dalal Street in 2015 with initial public offers to garner Rs.13,600 crore-the highest in five years- and an impressive pipeline is already in place for the New Year. While IPOs worth Rs.14,000 crore are already in the final stages of hitting the market, experts […]

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IPOs Shine on Dalal Street; IndiGo, VRL Logistics Lead Gains

More than half of the companies that made their stock market debut this year have given positive returns and are trading well above their issue price. As many as 11 companies out of the total 18 that got listed this year are trading above their issue price, an analysis of the performance of the newly-listed […]

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