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Fire at IndiGo needs to be doused soon

DNMUM439141 | 7/12/2019 | Author : Edit | WC :214 | Opinion & Viewpoint

DNA Money Edit

The full-blown public spat between two co-founders of India’s most successful airline is not in the interest of the entire aviation industry in general and IndiGo in particular. The development has already seen the airline’s stock tumbling down for the last few days, with a 9% fresh drop on Thursday.
Though the tension between the two promoters has been simmering for over a year, it is only in the recent months it has started coming out in the open. On Tuesday, it took a worse turn as Rakesh Gangwal, one of the promoters, approached Securities and Exchange Board of India for intervention alleging a “paan ki dukaan” has better corporate governance compliance then IndiGo. The allegations should be probed with seriousness by the r
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ZEE5 ties up with Optimove
DNMUM439725 | 7/23/2019 12:00:00 AM | Author : DNA Money Correspondent | WC :477

ZEE5, the fastest growing over-the-top (OTT) platform in the country, has entered into a strategic tie-up with Israel-based Optimove to bolster the performance of the platform based on a suite of services backed by insight, engagement and optimisatio
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FPI sell-off continues, Street down 3.75% since Budget
DNMUM439726 | 7/23/2019 12:00:00 AM | Author : Soumonty Kanungo | WC :526

Extending losses for the third session in a row, the domestic equity market witnessed heavy selling on Monday, on account of outflows by foreign portfolio investors (FPI) and weak start to June quarter earnings.The key benchmark indices were dragg

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Local airlines tank up on planes, shoot fares down
DNMUM439727 | 7/23/2019 12:00:00 AM | Author : DNA Money Correspondent | WC :469

Mumbai: The competition to increase capacity among Indian carriers may end up hurting the already bleeding aviation sector, but it is helping fliers with cheaper fares.
Also, the ongoing lean season is expected to make things more difficult for
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Dabur lines up aggressive ad push for its power brands
DNMUM439728 | 7/23/2019 12:00:00 AM | Author : Ashish K Tiwari | WC :398

Dabur, one of India’s leading ayurvedic and natural health care companies, is working on an aggressive push for its power brands like Amla, Vatika, Red, Hajmola, Real, etc. The homegrown fast-moving consumer goods (FMCG) company will use a combina

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