The Bureau of Immigration has imposed a penalty of Rs 1 lakh on IndiGo for alleged visa-related violations. The airline is exploring possibilities for filing an appeal against the order.

InterGlobe Aviation, parent company of IndiGo, will receive compensation from IAE for aircraft grounded due to engine issues. The airline's profit doubled in the March quarter.

Bain Capital and BNP Paribas have divested a combined 3.54% stake in L&T Finance for Rs 1,504 crore through open market transactions. Larsen & Toubro Ltd increased its stakeholding in L&T Finance...

InterGlobe Aviation, parent of IndiGo, sold 7.72 million shares in a block deal. The proceeds will be used to scale up hospitality and other businesses. Rahul Bhatia remains the largest shareholder.

InterGlobe Enterprises sold a 2% stake in IndiGo for Rs 3,367 crore through an open market transaction. The shareholding of Interglobe Enterprises in the company reduced to 35.76% from 37.75%.

Air India cancels Copenhagen-Delhi flight on June 30 due to technical and operational reasons, leaving passengers stranded. Revised schedule to be announced soon.

TCS becomes title sponsor of the Sydney Marathon for 5 years, adding to its global running event portfolio. Meanwhile, ICICI Bank launches a prepaid forex card for students and Godrej Security...

Emcure Pharmaceuticals, backed by Bain Capital, has raised Rs 583 crore from anchor investors ahead of its IPO. The IPO opens for subscription on July 3 and closes on July 5.

Capgemini invests Rs 1,000 crore in Chennai facility, creating 5,000 jobs and focusing on sustainability, innovation, and local talent development.

Bansal Wire Industries, a steel wire manufacturer, has raised Rs 223 crore from anchor investors ahead of its IPO, which is set to open for public subscription from July 3-5.

Air India cancels Copenhagen-Delhi flight on June 30 due to technical and operational reasons, leaving passengers stranded. Revised schedule to be announced soon.

Punjab Finance Minister Harpal Cheema announced an extension of the One Time Settlement (OTS) scheme deadline to August 16 for taxpayers to settle outstanding dues. The scheme aims to reduce...

HCL Technologies launches its first delivery center in Bihar, focusing on IT and engineering services for hi-tech and semiconductor companies. The center will also feature specialized labs and...

TCS becomes title sponsor of the Sydney Marathon for 5 years, adding to its global running event portfolio. Meanwhile, ICICI Bank launches a prepaid forex card for students and Godrej Security...

Nephro Care India's IPO was oversubscribed by 715.85 times, driven by strong institutional investor interest. The IPO raised Rs 41.26 crore and will be listed on NSE Emerge.