IndiGo faces over Rs 2.76 crore in customs fines, airline to...

IndiGo faces over Rs 2.76 crore in customs fines, airline to contest orders

Posted

IndiGo faces penalties exceeding Rs 2.76 crore from customs authorities in Ahmedabad and Chennai, which the airline intends to challenge, asserting that all duties were duly paid. Meanwhile, promoter Rakesh Gangwal and the Chinkerpoo Family Trust sold 5.72% ownership in IndiGo for Rs 11,564 crore through open market deals, reducing Gangwal's stake to 4.7% and the trust's to 3.08%.

Read Full Article

Please log in to like, share and comment!

International

Swiss village buried in ice-mud deluge, one person missing

A catastrophic glacier collapse in the Swiss Alps has devastated the village of Blatten, burying...

By 0 0

National

Govt allocates Rs 3.56 billion Postal Highway

KATHMANDU: The government has allocated Rs 3.56 billion for the construction and development of...

By 0 0

National

Govt to establish clear policies for carbon trading and environmental conservation

KATHMANDU: The government has announced plans to introduce clear policy measures for carbon...

By 0 0

National

Govt aims for rice self-sufficiency within two years

KATHMANDU: The government has set a policy goal to make Nepal self-reliant in rice production...

By 0 7

Sports

From Mensik to Moutet: French Open roars with French fans and rising tension

The French Open witnesses fervent crowd support for home players, creating a challenging...

By 0 9