![IndiGo gets 'interim relief' over ₹1,666 cr tax demand; stock surges](https://images.assettype.com/fortuneindia%2F2022-07%2F103b632b-134e-4f08-b0f5-7729988e105b%2FIndigo_08391_copy.jpg?rect=0,0,2700,1350&w=300&q=95)
IndiGo gets 'interim relief' over ₹1,666 cr tax demand; stock surges
IndiGo’s parent had received demand notices worth ₹739.68 crore and ₹927.03 crore for 2016–17 and 2017–18, respectively.
IndiGo’s parent had received demand notices worth ₹739.68 crore and ₹927.03 crore for 2016–17 and 2017–18, respectively.
IGE ties up with US-based Archer Aviation to launch electric air taxis across India’s most congested cities
Shares of India's biggest airline by market share opened at a record high of ₹2,490 on the NSE.
The stock was trading at ₹1,901 apiece on the National Stock Exchange (NSE) at 12:50 pm.
Even after the unprecedented chaos wrought by the Covid-19 pandemic settles, there’s turbulence ahead for the air travel industry.
India’s largest airline reports net loss of Rs 652 crore for the quarter ended September due to higher fuel prices.
A new simulator facility will help cut pilot-training costs.
Rahul Bhatia made Indigo one of India’s leading airlines. Now he is on to Building the country’s first travel conglomerate.