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IndiGo Airlines, part of Interglobe Aviation, strengthens its position as the world s third most valuable airline. With strategic growth plans, including expanding international segments and maintaining low costs, it continues to attract investor interest. ....
I think the financial services business requires a significant balance sheet size straight away. And to that extent, by transferring the treasury shares of Reliance Industries to this business to give that critical mass to the balance sheet and hence kick-start this business, was the strategy which they have sort of leveraged. So that is, I think, the unique strategy they followed for this. ....
Read more about IndiGo to report Q4 results on Saturday; Here s what analysts expect on Business Standard. Indigo Q4 Results: Painting a grim picture, Centrum Broking expects IndiGo s net loss to widen sequentially to Rs 743.3 crore from Rs 620.1 crore incurred in Q3FY21 ....