IndiGo’s parent company, InterGlobe Aviation, saw its shares rise significantly. This surge followed a penalty from the Directorate General of Civil Aviation for flight cancellations. Investors reacted positively as the fine was less than anticipated. The company had faced disruptions in December due to crew time limits and aircraft issues.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,