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InterGlobe Aviation

Sensex ended flat and Nifty gained 20 points as crude prices, global bond yields and US-Iran tensions kept investors cautious.

Sensex jumped 790 points and Nifty closed above 24,000 as strong buying in IT, banking and realty stocks lifted the Indian stock market.

IndiGo appoints Willie Walsh as CEO, bringing global aviation experience to lead expansion, efficiency and long-term growth strategy.

IndiGo plans 252 weekly flights to the Middle East between March 16 and 28 while adjusting operations amid geopolitical risks.

Interglobe Aviation, the operator of IndiGo Airlines, saw its shares slip nearly 3% on Tuesday after co-founder Rakesh Gangwal sold shares.

IndiGo shares fell slightly in early trading after a block deal of 2.3 Cr InterGlobe Aviation shares for Rs 11,000 Cr at Rs 4,760 per share.

The market capitalization of InterGlobe Aviation, IndiGo’s parent, topped the Rs. 1-trillion mark on Wednesday with its shares surging 29 per cent so far this year to record highs.