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<ul><li>A global <keyword id="1571551" type="General" weightage="100" keywordseo="Microsoft-outage" source="Orion">Microsoft outage</keyword> has impacted airlines, banks and other services.</li><li>The outage has resulted in disruption of flights from Indigo, SpiceJet and other airlines.</li><li>Here’s everything we know so far about the <keyword id="10387" type="General" weightage="20" keywordseo="microsoft" source="Orion">Microsoft</keyword> outage.</li></ul> In what is emerging as one of the biggest tech outages, Microsoft’s services across the world have been impacted by Blue Screen of Death (BSOD) errors. This has impacted the London Stock Exchange, halted banking services, and grounded several airlines such as Indigo, SpiceJet, and more. The global outage has affected various Microsoft services such as Azure, Microsoft 365 and more. Amazon Web Services has also recorded some reports of outages. “We're investigating an issue impacting users ability to access various Microsoft 365 apps and services,” Microsoft said in a statement. "Crowdstrike is actively working with customers impacted by a defect found in a single content update for Windows hosts. Mac and Linux hosts are not impacted. This is not a security incident or cyberattack. The issue has been identified, isolated and a fix has been deployed,” said George Kurtz, CEO, Crowdstrike. <div type="twitter" handle="IndiGo6E" handlename="IndiGo6E" favoritecount="0" retweetcount="0" id="1814200437756641734"></div> <div type="twitter" handle="flyspicejet" handlename="flyspicejet" favoritecount="0" retweetcount="0" id="1814194223052144749"></div> Air India has issued an advisory on X, saying “Our digital systems have been impacted temporarily due to the current Microsoft outage resulting in delays. We regret the inconvenience caused and request our guests to plan their travel accordingly.” The London Stock Exchange on Friday said that its news services were experiencing a global technical issue which prevented news from being published on its platform. The stock exchange was also experiencing technical problems publishing its spot and forward prices for currencies. A traveller in Hyderabad, flying through Indio posted on X that he had received a hand-written boarding pass. <div type="twitter" handle="akothari" handlename="akothari" favoritecount="0" retweetcount="0" id="181420206853155266"></div> Delhi Airport, in a post on X, said that some of the services at the airport were impacted due to the outage. <div type="twitter" handle="DelhiAirport" handlename="DelhiAirport" favoritecount="0" retweetcount="0" id="1814203660186120407"></div> According to reports, a faulty update from CrowdStrike, a cybersecurity provider is forcing affected PCs and servers offline, resulting in a recovery boot loop. “We have widespread reports of BSODs on Windows hosts, occurring on multiple sensor versions,” CrowdStrike said in a support page. "We are aware of issue affecting a subset of customers. We acknowledge the impact this can have on customers, and we are working to restore services for those still experiencing disruptions as quickly as possible,” Mic UK broadcaster Sky News was unable to broadcast, forcing it off the air. American low-cost airline Frontier has cancelled some flights in the US due to the outage. Ryanair, a major European airline reported “third-party” IT issues, which were impacting its flight departures. Microsoft revealed that the outage started around 6 pm ET on Thursday, with some of its customers experiencing issues with Azure services in the Central US. Frontier on Thursday cancelled 147 flights and delayed 212 flights. Berlin airport has warned users of travel delays due to “technical issues.” It’s not just business, several 911 emergency call centres in Alaska have also reported an outage. SEE ALSO: <a href="https://www.businessinsider.in/cryptocurrency/news/wazirx-suspends-withdrawals-after-230-million-worth-of-cryptos-stolen-in-a-hack/articleshow/111853401.cms">WazirX suspends withdrawals after $230 million worth of cryptos stolen in a hack</a> <a href="https://www.businessinsider.in/tech/mobile/news/honor-200-and-honor-200-pro-launched-in-india-starting-at-34999/articleshow/111830855.cms">Honor 200 and Honor 200 Pro launched in India starting at ₹34,999</a> <a href="https://www.businessinsider.in/business/ecommerce/news/amazon-prime-day-2024-to-begin-on-july-20-in-india-everything-you-need-to-know-about-amazons-biggest-sale/articleshow/111838068.cms">Amazon Prime Day 2024 to begin on July 20 in India – everything you need to know about Amazon’s biggest sale</a>

Microsoft outage – London Stock Exchange, banks and airlines across the world affected

(Photo Source: wikimedia.org) <ul><li>India’s airlines including <keyword id="6358200" type="ORGANIZATION" weightage="20" keywordseo="jet-airways">Jet Airways</keyword>, <keyword id="6354706" type="DEFINITION" weightage="20" keywordseo="IndiGo">IndiGo</keyword>, Vistara and <keyword id="2573" type="CITY" weightage="20" keywordseo="Air-India">Air India</keyword> are all reportedly offering discounted fares on domestic and <keyword id="131277" type="PERSON" weightage="20" keywordseo="international-flights">international flights</keyword>. </li><li>On Wednesday, Vistara announced a ‘24-hours-sale’ open to all passengers booking economy, premium economy and business class for domestic travel. </li><li>Air India says it will make certain flight services operational late night, with an all-inclusive starting fare of ₹1,000 on certain domestic flights. </li><li>The budget carrier IndiGo, recently announced daily non-stop flights operating from Bhopal to Hyderabad and Jabalpur to Hyderabad, with effect from 5 January, 2019. These services will operate at a starting cost of ₹1,999. </li></ul>To take on growing competition and boost sales, several airlines in India including Jet Airways, IndiGo and Air India have introduced steep discounts and sales <keyword id="6407042" type="UNKNOWN" weightage="20" keywordseo="offers">offers</keyword>. Budget carriers — Jet Airways, IndiGo and Vistara — have all announced <a href="https://www.ndtv.com/business/jet-airways-indigo-air-india-offer-flight-tickets-from-1-000-rupees-discount-offers-compared-here-1956625">discounts on</a> domestic and international flights. Here are some of the deals: Vistara Budget carrier Vistara — a Tata Sons and Singapore airlines joint venture — has rolled out a ‘24-hours-only’ sale offer, which it says will include flights with fares starting from ₹999. The sale will be open on 12 December 2018 for travel between 27 December, 2018 to 10 April, 2019. Air India India’s national carrier, Air India, is offering air tickets at a starting price of ₹1,000 for several domestic routes. However, with this deal, the services will be <a href="http://www.airindia.in/">operational</a> late at night. These will be serviceable only on Bengaluru-Ahmedabad, Delhi-Coimbatore and Delhi-Goa routes. Jet Airways Meanwhile, Jet Airways<a href="https://www.ndtv.com/business/jet-airways-indigo-air-india-offer-flight-tickets-from-1-000-rupees-discount-offers-compared-here-1956625"> has announced </a>more flights operational across its domestic and international network from ₹2,398 onwards. But, the fares proposed by Jet Airways are applicable only on selected flight tickets for passengers travelling in economy class. It has also cut down some other fares, with a starting price of ₹1,313, valid over a period of 12 months for several domestic flights. IndiGo The budget carrier IndiGo has announced discounted daily non-stop flights operating from Bhopal to Hyderabad and Jabalpur to Hyderabad, with effect from 5 January, 2019. The services will operate at a starting cost of ₹1,999. The offers have been rolled out on the official website of the airlines. See also: <a href="https://www.businessinsider.in/business/an-ongoing-salary-row-reportedly-forced-indias-jet-airways-to-cancel-over-a-dozen-flights-as-its-pilots-called-in-sick/articleshow/66918125.cms">An ongoing salary row reportedly forced India’s Jet Airways to cancel over a dozen flights as its pilots called in ‘sick’</a> <a href="https://www.businessinsider.in/the-owner-of-jet-airways-is-reportedly-trying-to-secure-a-rescue-deal-with-partner-etihad-to-avoid-losing-control-of-his-struggling-airline/articleshow/66808564.cms">The owner of Jet Airways is reportedly trying to secure a rescue deal with partner Etihad to avoid losing control of his struggling airline</a> <a href="https://www.businessinsider.in/indias-largest-passenger-airline-just-posted-its-first-ever-quarterly-loss-since-going-public-and-its-results-reflect-the-larger-woes-of-the-countrys-aviation-sector/articleshow/66362156.cms">India’s largest passenger airline just posted its first ever quarterly loss since going public — and its results reflect the larger woes of the country’s aviation sector</a>

Airlines in India are raining discounts on domestic and international flights

<keyword id="6354706" type="CITY" weightage="100" keywordseo="Indigo">IndiGo</keyword>, the low-cost airline headquartered in Gurgaon, has announced a three-day monsoon special sale, under which one can travel across its 39 domestic destinations for as less as Rs 899. Effective from June 12 to 14, 2017 for travel between July 1 and September 30, the flights on select routes including Mumbai-Goa, Jammu-Amritsar, Delhi-Udaipur, Ahmedabad-Mumbai, Chennai-Port Blair, Hyderabad - Mumbai, Kolkata-Agartala, Delhi-Coimbatore and Goa-Chennai would cost you Rs 899 all-inclusive. A press release from the airline said that tickets under the special fares offer will only be available on a first-come-first serve basis and would be non-refundable. "After receiving a positive response on the summer special sale, we are delighted to announce another three-day monsoon special offer. We are anticipating an increase in demand beyond summer vacations and are pleased to introduce special fares," said IndiGo chief commercial officer Sanjay Kumar.

Fly IndiGo for as less as Rs 899

<ul><li>This would be the third listed airline in India after Interglobe Aviation (which operates IndiGo Airlines) and <keyword id="6358032" type="COMPANY" weightage="20" keywordseo="SpiceJet">SpiceJet</keyword>.</li><li>More than a tenth of Go Air's ₹2,000-crore debt are unpaid dues to Indian Oil Corporation for jet fuel.</li><li>The second wave of the COVID-19 pandemic has scuttled an early recovery in aviation and a rise in fuel cost, along with a weaker rupee and tepid passenger traffic, may further erode the airline's prospects in the next few months.</li><li>Read on for some interesting revelations from the company's IPO prospectus.</li></ul>Budget carrier Go Airlines, which has rebranded itself as 'Go First', has filed the prospectus for an initial public offering (IPO) worth ₹3,600 crore. The 15-year old airline owned by the Wadia Group, which also owns companies like Britannia and Bombay Dyeing, will use the money received from the share sale to repay its debt. This would be the third listed airline in India after Interglobe Aviation (which operates IndiGo) and SpiceJet (owned by former bureaucrat-turned-businessman Ajay Singh) if the IPO goes through. Go Air had raked in a loss of ₹1,270 crore for the year ended March 2020 on a revenue of over ₹7,250 crore. <div type="image" title="go air earnings" msid="82627649" hostid="261" caption="&amp;lt;p&amp;gt;Graphics by Business Insider India&amp;lt;/p&amp;gt;"></div> It is now focusing on ultra low cost carrier model. Of a fleet of 55 that the Wadias' airline had at the end of March 2021, 46 of them were A320 NEO aircraft. The company intends to add another 16 planes to its fleet by March 2024. Aside from a massive debt of over ₹2,000 crore, Go First has been dealing declining market share too. More than a tenth of that is the money owed to the state-owned Indian Oil Corporation for jet fuel already bought. Just about six months ago, in November 2020, the company's auditors had expressed doubts about the then Go Air's ability to continue its business, the disclosures in the IPO prospectus showed. After that, the company got an emergency credit line from banks in February 2021. These are a few other interesting revelations from the prospectus: <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Amount </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Paid by Go Air (now called Go First) </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹15,81,000 a month </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Rent paid to Bombay Dyeing for using the premises on the first floor of Wadia International Centre in Worli from July 2016 to July 2021 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹8,88,000 a month </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Rent paid to Bombay Dyeing for the space on the third floor for Wadia International Centre. The lease started in Dec 2019 and will go on till Nov 2024 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Undisclosed amount </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Go Airlines' registered office is owned by Britannia (which is also owned by Nusli Wadia and Ness Wadia) </td></tr></tbody></table>Source: Draft Red Herring Prospectus filed with the Securities and Exchange Board of India In 2019, when it was reportedly planning an IPO, it was flying at least one in every ten air passengers in India. That share was down to 7.8% at the end of March 2020. A crisis like this makes the more resilient players stronger and that's possibly why IndiGo has increased its market share to at least one in every two passengers who took flights in each of the last three months. <div type="image" title="airline market share." msid="82626874" hostid="261" caption="&amp;lt;p&amp;gt;Graphics by Business Insider India&amp;lt;/p&amp;gt;"></div> The second wave of COVID-19 pandemic has scuttled an early recovery even for Go First's bigger peers. Passenger traffic was still less than half (45%) of what it was before the pandemic struck and about one in every flights were idling in April 2021, according to a report from the broking firm Centrum dated May 5. International crude oil prices are expected to rise and that would mean the cost of jet fuel will also rise, unlike the passenger traffic. And, the impact could get worse if the rupee loses value against the dollar. "Looking at the current climate of subdued demand, a depreciating rupee (impacting 65-70% of costs including fuel), rising ATF (aviation turbine fuel) prices and daily cash burn, we continue to have a negative stance on the aviation industry," a BOBCAPS report dated April 30 said. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/markets/news/heres-why-the-spike-in-inflation-in-the-us-may-worry-markets-in-india/articleshow/82597218.cms">Here's why the spike in inflation in the US may worry markets in India ⁠— but experts say don’t panic yet</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/apps/news/whatsapp-responds-to-privacy-criticism-by-alleging-other-apps-like-zomato-ola-aarogya-setu-zoom-google-and-other-apps/articleshow/82570897.cms">WhatsApp responds to privacy criticism by alleging that other apps and tech companies also show disdain for user privacy</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/cryptocurrency/news/elon-musk-realised-that-he-cant-champion-both-renewable-energy-and-bitcoin-at-the-same-time/articleshow/82603087.cms">Elon Musk realised that he can’t champion both renewable energy and Bitcoin at the same time — here’s why</a>

Go Air has filed for a ₹3,600 crore IPO at a very desperate time

<ul><li>At 7:45 am, the SGX Nifty was down 0.13%, indicating a tepid start for Nifty50.</li><li>Here's a list of stocks to watch for in trade today. </li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider.</a> </li></ul>Indian stock-market indices are likely to start lower on Wednesday, led by mixed cues from the global markets. At 7:45 am, the SGX Nifty was down 0.13%, indicating a tepid start for Nifty50. However, <a href="https://www.businessinsider.in/stock-market/news/dow-climbs-200-points-as-investors-await-georgia-run-off-election-results/articleshow/80124817.cms">the US stocks ended higher </a>on Tuesday, as investors took advantage of the previous session's slump to buy back, ahead of the outcome of the Senate elections in the state of Georgia. The Dow Jones Industrial Average closed 167 points higher, and the S&amp;P 500 was up 0.71%. These are the stocks to watch out for during the trading session today: HDFC Bank The country's largest private sector lender HDFC Bank logged in a loan growth of 19% to ₹10,82,000 crore during the third quarter ended December 2020. Meanwhile, the bank's CASA (current account savings account) ratio rose to around 43%, compared to 39.5% in December 2019. BEML BEML has bagged orders worth ₹758 crore for supply of high mobility vehicles from the Ministry of Defence. Hero MotoCorp The government-owned Life Insurance Corporation (LIC) has increased its stake in Hero MotoCorp to 9.16% from 7.14% earlier. Bajaj Finance The Reserve Bank has imposed a <a href="https://www.businessinsider.in/finance/news/rbi-imposes-rs-2-5-crore-penalty-on-bajaj-finance-pune/articleshow/80119118.cms">penalty of ₹2.5 crore on Bajaj Finance</a>, Pune for breaching regulatory compliance norms. RBI also stated that there were complaints about recovery and collection practices. IndiGo India’s aviation regulator has <a href="https://www.financialexpress.com/industry/indigo-gets-edto-approval-for-29-pw-engine-powered-a320-a321neo-planes/2165042/">given the green light for IndiGo </a>to operate its Pratt &amp; Whitney powered Airbus A320/A321 neo fleet on longer overseas routes or as extended diversion time (EDTO) flights. EDTO allows a multi-engine aircraft to divert to a nearby airport in case of an emergency situation and is mainly applicable for international flights. Godrej Consumer Products FMCG player Godrej Consumer Products said it <a href="https://www.bseindia.com/xml-data/corpfiling/AttachLive/373128e6-db11-4349-a838-73e4e8fc77fa.pdf">expects</a> to deliver "close to low double-digit sales growth" in the domestic market during the October-December 2020 quarter, led by soaps and household insecticides segments. The company has also witnessed a "sharp recovery" in its hair colour segment, which is expected to deliver mid-teen growth. ACC The cement manufacturer ACC has started operations at its new grinding unit in Dhanbad district of Jharkhand. This will result in an additional capacity of 1.4 million tonnes per annum to the existing 3 million tonnes units — taking the total capacity at Sindri to 4.4 million tonnes per annum. SEE ALSO: <a href="https://www.businessinsider.in/india/news/tatas-got-airasia-stake-at-a-20-discount-while-indigo-and-spicejets-value-has-doubled-since-pandemic-broke-out/articleshow/80101467.cms">Tatas got AirAsia stake at a 20% discount while IndiGo and SpiceJet’s value has doubled since pandemic broke out</a> <a href="https://www.businessinsider.in/business/news/kishore-biyani-lashes-out-at-amazon-says-future-group-was-disillusioned-and-fed-up-with-the-companys-lackadaisical-attitude/articleshow/80107540.cms">Kishore Biyani lashes out at Amazon, says Future Group was disillusioned and fed up with the company's lackadaisical attitude</a>

Top stocks to watch — Bajaj Finance, HDFC Bank, BEML, IndiGo, Godrej Consumer, Hero Moto, and others

<ul><li>The 30-share BSE index opened 176.87 points higher, and the NSE Nifty was up 0.45% at 13,172.80.</li><li>Here’s a list of the top losers and gainers in the Nifty pack. </li><li>These are the top stocks that are buzzing in trade today.</li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider.</a> </li></ul>Indian equity benchmark indexes rallied in early trade to hit a fresh intraday record on Thursday, tracking gains in index majors HDFC Bank, Reliance Industries and Maruti amid largely positive cues from global markets. The 30-share BSE index opened 176.87 points higher, and the NSE Nifty was up 0.45% at 13,172.80. Here’s a list of the top losers and gainers in the Nifty pack. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Gainers </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Losers </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Maruti Suzuki India </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">SBI Life </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Hindalco </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Bharti Airtel </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tata Steel </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Bajaj Auto </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">SBI </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Infosys </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">GAIL </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">UPL </td></tr></tbody></table>*as of December 3, 10:00 am These are the top stocks in news today. HDFC Life gains nearly 2% The shares of HDFC Life gained nearly 2% after<a href="https://economictimes.indiatimes.com/markets/stocks/news/standard-life-to-sell-27-8-million-shares-of-hdfc-life-on-thursday/articleshow/79533414.cms"> media reports claimed</a> that Standard Life is looking to sell up to 2.78 crore shares of HDFC Life through a block deal today to raise up to ₹1,770 crore. The sale price has been fixed at ₹605-636.50 apiece. Wipro opens a percent higher The shares of Wipro opened over a percent higher after the company bagged a multi-year contract from Verifone, a global leader in payments and commerce solutions, to drive agility across its cloud services offerings. IndiGo trades 2% higher The shares of India’s largest private airline IndiGo gained over 2% after the company said it has reached 70% of its pre-Covid capacity and is operating 1,000 daily international and domestic flights. DHFL locked in 5% upper circuit The shares of cash-strapped DHFL were locked in a 5% upper circuit after the Committee of Creditors for cash-strapped DHFL had voted in favour of inviting revised bids. And, December 14 has been set as the new deadline to submit bids. Tata Chemicals gained over 6% The shares of Tata Chemicals gained over 6% after Tata Sons bought shares worth ₹76 crore in the company. RIL and Future Retail trade in green The share of RIL and Future Retail were trading in the green territory after the Indian market regulator <a href="https://www.livemint.com/news/india/sebi-asks-bse-to-clarify-on-noc-to-ril-future-deal-11606901705869.html">SEBI has asked the BSE</a> to clarify on the no-objection-certificate (NOC) given by the exchange to the Future Group for amalgamation of some of its business as part of the ₹24,713 crore deal by Reliance Industries’ retail arm. SpiceJet gains over 2% The shares of India’s largest cargo operator gained over 2% after the company expressed it intends to expand the cargo business considerably over the next two years, after great success during the pandemic. SEE ALSO: <a href="https://www.businessinsider.in/business/corporates/news/burger-king-grey-market-premium-and-heres-what-brokerages-say-about-the-ipo-opening-tomorrow/articleshow/79508730.cms" data-type="tilCustomLink">Burger King India IPO opens today — brokerages recommend ‘subscribe’ on attractive valuations</a> <a href="https://www.businessinsider.in/india/news/delhi-chalo-no-breakthrough-in-talks-government-seeks-farmers-objections-suggestions-on-farm-laws/articleshow/79521894.cms" data-type="tilCustomLink">Delhi Chalo: No breakthrough in talks, government seeks farmers' objections, suggestions on farm laws</a> <a href="https://www.businessinsider.in/science/news/china-just-landed-its-change-5-spacecraft-on-the-moon-the-mission-could-bring-moon-rocks-to-earth-for-the-first-time-in-40-plus-years-/articleshow/79520221.cms" data-type="tilCustomLink">China just landed its Chang'e-5 spacecraft on the moon. The mission could bring moon rocks to Earth for the first time in 40-plus years.</a>

Sensex, Nifty hit record high — these are the top movers in trade today

<keyword id="6385716" type="UNKNOWN" weightage="20" keywordseo="aircraft">Aircraft</keyword> leasing <keyword id="10850470" type="UNKNOWN" weightage="20" keywordseo="firm-boc-aviation">firm BOC Aviation</keyword> on Monday said it has signed a purchase-and-leaseback agreement with budget carrier IndiGo parent <keyword id="2351966" type="COMPANY" weightage="20" keywordseo="InterGlobe-Aviation">InterGlobe Aviation</keyword> for eight new <keyword id="6356166" type="COMPANY" weightage="20" keywordseo="airbus">Airbus</keyword> A320 neo planes. The aircraft, to be powered by CFM Leap <keyword id="240487" type="DOMAIN" weightage="20" keywordseo="engines">engines</keyword>, are scheduled to be delivered in the second half of 2021, a release said. "We are delighted to partner once again with IndiGo as we continue to support our airline customers to finance their aircraft. "This incremental capital expenditure also reflects our disciplined investment strategy throughout the cycle, focused on building a portfolio of latest technology aircraft deliveries," <keyword id="145397" type="COMPANY" weightage="20" keywordseo="BOC-Aviation">BOC Aviation</keyword> Managing Director and Chief Executive Officer Robert Martin said. According to the Q3 FY21 earnings presentation, IndiGo had 287 aircraft in its fleet at the end of December 31, 2020. Of these, 272 were on operating lease, while the remaining 15 were owned/finance lease. "We are pleased to further strengthen our existing relationship with BOC Aviation. The addition of these eight A320 neo aircraft demonstrates our confidence in the future growth of the aviation market in India," said Riyaz Peermohamed, Chief Aircraft Acquisition and Financing Officer, IndiGo. With a fleet of 284 aircraft at present, the airline is operating over 1,100 daily flights, connecting to 60 domestic and six international destinations. Hong Kong Stock Exchange-listed and <keyword id="6356662" type="LOCATION" weightage="20" keywordseo="singapore">Singapore</keyword> headquartered BOC Aviation has a fleet of 553 aircraft owned, managed and on order. Its owned and managed fleet was leased to 87 airlines worldwide in 39 countries and regions as of December 31 last year, as per the release. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/checkout-february-auto-sales-from-maruti-suzuki-bajaj-auto-hero-motocorp-tvs-ashok-leyland-mahindra-and-others/articleshow/81270921.cms?upcache=2">Tata Motors reports highest passenger vehicle sales in 9 years — Maruti, Ashok Leyland, outperform street expectations</a> <a href="https://www.businessinsider.in/science/space/news/europe-space-agency-hiring-astronauts-it-is-looking-for-women-and-people-with-physical-disabilities/articleshow/81271858.cms">Europe’s space agency is recruiting astronauts after over a decade — and its looking for women and people with physical disabilities</a> <a href="https://www.businessinsider.in/india/news/indians-are-heading-back-to-parks-supermarkets-and-pharmacies-but-malls-and-theatres-are-not-on-the-priority-list/articleshow/81271614.cms">Indians are heading back to parks, supermarkets and pharmacies — but malls and theatres are not on the priority list</a>

IndiGo, BOC Aviation signs purchase-leaseback agreements for eight A320neo planes

<ul><li>Sensex and Nifty began trade on a cautious note on Thursday.</li><li>The Sensex was trading 32 points higher, while the Nifty50 was up 19 points. </li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider.</a> </li></ul>Indian benchmark stock index, Sensex and Nifty started on a cautious note on Thursday amidst mixed cues from global peers. The Sensex was trading 32 points higher, while the Nifty50 was up 19 points. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Gainers </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Losers </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Infratel </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">ICICI Bank </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Wipro </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Bajaj Finance </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">UPL </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Power Grid </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Titan </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Airtel </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tata Motors </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Shree Chem Industries </td></tr></tbody></table>*as of September 3, 9:50 am These are the top stocks that are buzzing in trade today: Future Retail shares hit 10% lower circuit for the second day in a row Future Retail shares hit 10% lower circuit for the second day in a row even as Fitch placed it on ‘Rating Watch Positive’ post the stake sale to RIL. Also, the Government Pension Fund Global, one of the world’s largest sovereign wealth funds sold 95 lakh shares at ₹158.61 per share on September 1. According to <a href="https://www.businessinsider.in/stock-market/news/top-stock-movers-future-retail-escorts-bharti-infratel-biocon-ongc-lt-beml-and-more/articleshow/77864930.cms#:~:text=BEML%20and%20more-,Top%20stock%20movers%20%E2%80%94%20ONGC%2C%20Future%20Retail%2C%20Bharti%20Infratel%2C,Biocon%2C%20L%26T%2C%20BEML%20and%20more&amp;text=The%20Sensex%20was%20trading%201.03,and%20updates%20on%20Business%20Insider.">reports</a>, the Government Pension Fund Global fund held 2.28% stake in the Future Retail at the end of June. IndiGo, SpiceJet shares gains 2%, GVK Infra up 5% IndiGo and SpiceJet shares gained 2%, whereas GVK Infra was up 5% after the Civil Aviation Ministry raised domestic flight operations capacity to 60% from 45% Vodafone-Idea shares gain for the second day in a row Vodafone-Idea shares gained 8% for the second day in a row, during the early trade hours on September 3. The Vodafone-Idea board is due to meet tomorrow for considering the fundraising proposal. <a href="https://www.livemint.com/companies/news/amazon-verizon-may-give-voda-idea-lifeline-11599102122521.html" data-type="tilCustomLink">Reports also suggested</a> that the U.S. wireless carrier Verizon Communications and Amazon.com Inc may invest more than $4 billion for a stake in the company. Dish TV India shares gained 5% Dish TV India gained 5% after the company on Wednesday reported a consolidated net profit of ₹74.54 crore for the quarter ended June. It had posted a net loss of ₹35.44 in the same quarter last year. Tata Motors shares gains 2% after robust growth in overall domestic sales Tata Motors shares gained 2% after it recorded 21.6% growth in overall domestic sales led by 154.0% growth in the passenger vehicle segment. However, the domestic, commercial vehicles segment declined 28% in August. Rossari Biotech shares gained 2% Rossari Biotech shares gained 2% after a financial advisory company, based in London, Plutus Wealth Management, bought nearly 3 lakh shares of the company at ₹773.82 per share. Engineers India shares gained 3% on order form Gail India Engineers India gained 3% after winning an order worth ₹4.48 billion from Gail India for setting up PP plant and pipeline at Uran. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/top-stocks-to-watch-future-retail-indusind-bank-indigo-spicejet-coal-india-engineers-india-rossari-biotech-jsw-energy-vodafone-idea/articleshow/77902637.cms" data-type="tilCustomLink">Top stocks to watch— Future Retail, IndiGo, SpiceJet, Tata Motors, IndusInd Bank, Coal India, Engineers India, Rossari Biotech, Vodafone-Idea and more</a>

Top stock movers — Future Retail, IndiGo, Wipro, SpiceJet, Vodafone Idea, Dish TV, Tata Motors, ICICI Bank and more

<ul><li>At 8:00 am the SGX Nifty was trading flat pointing towards a cautious start for Nifty50. </li><li>Here’s a list of <keyword id="73648" type="PERSON" weightage="20" keywordseo="Stocks-to-watch">stocks to watch</keyword> for in trade today. </li><li>Check out the latest news and updates on Business Insider. </li></ul>Indian stock market is likely to open on a muted amidst mixed cues from global peers. At 8:00 am the SGX Nifty was trading flat pointing towards a cautious start for Nifty50. Whereas, on Wednesday, US stocks ended higher. Dow Jones Industrial Average increased 1.59%, marking its best single-day rise since July 14. Here’s a list of stocks to watch for in trade on September 3: Future Retail Fitch placed Future Retail on ‘Rating Watch Positive’ after it sold a stake to RIL. It reflects the financial stress in the company, irrespective of the sale decision. “Fitch Ratings has placed Indian retailer Future Retail Limited’s (FRL) Issuer Default Rating (IDR) of ‘C’ and the rating on its USD500 million 5.6% senior secured notes due in 2025 of ‘C’ with a Recovery Rating of ‘RR4’ on Rating Watch Positive,”<a href="https://www.fitchratings.com/research/corporate-finance/fitch-places-future-retail-on-rating-watch-positive-on-sale-to-reliance-02-09-2020"> the company said</a>. The shares of Future retail ended 10% lower yesterday. IndusInd Bank IndusInd Bank in focus on back of fundraising plans. The bank has approved allotment of 47 million shares to marquee investors to raise ₹2,495.79 crore. The Finance Committee of the board of directors at its meeting held on September 2 approved allotment shares of the face value of ₹10 each at a price of ₹524 per share. The shares of IndusInd Bank ended 2.10% higher yesterday. Engineers India Order win boost likely for Engineers India. The company has received an order worth ₹4.48 billion from Gail India for setting up PP plant and pipeline at Uran. The shares of Engineers India ended 1% higher on September 2. Coal India Coal India posted a 55% fall in its net profit, with revenue plummeting nearly 26% in the first quarter ended June 30. The company said its volume was impacted due to less demand as most of the industries were shut during the lockdown. The shares of Coal India ended 2% higher on September 2. Rossari Biotech Plutus Wealth Management, a financial advisory company, based in London, bought nearly 3 lakh shares of the company at ₹773.82 per share. The shares of Rossari Biotech ended 13% higher yesterday. JSW Energy JSW Energy promoter Glebe Trading released 84 lakh pledged shares of the company and the Danta Enterprises pledged 1.04 crore shares. The shares of JSW Energy ended 7% higher yesterday. Vodafone Idea The Vodafone Idea board is due to meet tomorrow (September 4) for considering the fundraising proposal. The shares of Vodafone Idea ended 13% higher yesterday. SpiceJet, IndiGo, GVK and other aviation stocks SpiceJet, Indigo, GVK and other aviation stocks will be in focus today as the India civil aviation ministry has raised domestic flight operations to 60%. The shares of Indigo closed 4% higher, GVK was up 5%, whereas SpiceJet was trading flat yesterday. Tata Motors Tata Motors records 21.6% growth in overall domestic sales led by 154% growth in the passenger vehicle segment. Meanwhile the domestic commercial vehicles segment saw a decline of 28%. The shares of Tata Motors closed 5% higher yesterday. SEE ALSO: <a href="https://www.businessinsider.in/india/news/pm-modi-twitter-account-hacked-heres-what-the-hacker-had-tweeted/articleshow/77902203.cms?upcache=2" data-type="tilCustomLink">Twitter account of PM Modi’s personal website hacked— Here’s what the hacker had tweeted</a> <a href="https://www.businessinsider.in/tech/news/google-is-releasing-data-on-how-people-have-been-searching-for-covid-19-symptoms-in-the-hope-it-will-help-researchers-track-the-virus/articleshow/77894169.cms" data-type="tilCustomLink">Google is releasing data on how people have been searching for COVID-19 symptoms, in the hope it will help researchers track the virus</a>

You Searched For "indigo flight sales" and got 9 results

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Sensex, Nifty hit record high — these are the top movers in trade today

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