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In a regulatory filing, the company revealed that the Assessing Officer raised a demand of ₹739.7 crore and ₹927 crore for the respective assessment years, excluding interest and penalty.

IndiGo Shares Inch Up As Firm Gears Up To Challenge ₹1,666 Cr Tax Demand

IndiGo Plane

During its recent second-quarter earnings call, IndiGo had already indicated the likelihood of increased engine removals in the fourth quarter, leading to a higher number of groundings in response to this powder metal issue.

Engine Scare: Why Shares Of IndiGo Are Dipping Today

WIIM

Under this new pricing structure, passengers booking IndiGo flights will incur a fuel charge per sector, determined by the sector&#39;s distance.

Why IndiGo Stock Is Gaining After Big Announcement

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Sharma estimated the profit from the F&amp;B sales at ₹532 Cr, which is higher than Domino&#39;s India operator Jubilant FoodWorks&#39; total profit of ₹356 crore for FY23.

Why Kunal Shah, Vijay Shekhar Sharma Are Comparing IndiGo With Barbeque Nation

IndiGo has grounded two planes after two Airbus A321s faced in-flight engine shutdowns with one requiring an emergency landing shortly after takeoff.

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