Business Standard

Top 10 biz headlines: Indigo promoters' war, IL&FS scam impact, and more

From TCS Q1 results to financial stress in aviation sector, here are the top headlines that made news on Tuesday

IndiGo
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File Photo: An IndiGo Airlines cabin baggage security check tag is pictured on a passenger's luggage at Bengaluru International Airport in Bangalore | Photo: Reuters

BS Web Team New Delhi
IndiGo promoters' war reaches Sebi: Rakesh Gangwal raises governance issues

IndiGo, India’s largest airline, is facing its worst crisis as promoters Rahul Bhatia and Rakesh Gangwal have made serious allegations against each other, forcing the Securities and Exchange Board of India (Sebi) to intervene. Read more here

TCS Q1 net profit rises 10.8% to Rs 8,131 crore; revenue up 11.4%

Market leader Tata Consultancy Services (TCS) has performed steadily in the first quarter of 2019-20 by sustaining double-digit growth. Read more here

IL&FS impact: Govt considers rating reforms to separate review, approval

With the role of rating agencies in the

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