IndiGo reports surprise Rs 1066 crore loss in Q2 as costs surge

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IndiGo reports surprise Rs 1066 crore loss in Q2 as costs surge

Mumbai: Interglobe Aviation, the parent of low-cost carrier lndiGo reported a loss of Rs 1,062 crore for the quarter ended September 30, hurt by mark-to market losses on operating leases, and higher maintenance costs. The company had posted a profit of Rs …
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Morrisons is selling a ghost chilli pizza that's 200 times hotter than a jalapeño

Daredevil pizza fans… Morrisons has the dinner for you. As the supermarket giant has just unveiled a new ‘Roulette-style’ pizza, where some random slices contain a very spicy surprise. Anyone brave enough to try their luck on the 10″ trick or treat pizza may …
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Wirecard hires KPMG for independent audit after FT allegations

FRANKFURT/BERLIN (Reuters) – German payments company Wirecard has hired KPMG to conduct an independent audit to address allegations by the Financial Times that its finance team had sought to inflate reported sales and profits, it said on Monday.
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Govt needs to lower taxes on Indian aviation sector, make it more competitive: Ajay Singh, SpiceJet chief

Emphasising the need for a holistic approach, SpiceJet chief Ajay Singh has called for lowering of taxes on the aviation sector to make it more competitive as well as ensure that the costs are in line with the peers. The Chairman and Managing Director of the …
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Wirecard hires KPMG for independent audit

Frankfurt — German payments company Wirecard has hired KPMG to conduct an independent audit to address allegations by the Financial Times that its finance team had sought to inflate reported sales and profits, it said on Monday. The company, promoted …
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