IndiGo’s profit plummeted 75% to ₹549 crore in Q3 due to ₹1,546.5 crore in one-time costs for customer compensation and new labor rule implementation. The airline faced disruptions from pilot shortages and a DGCA investigation found management failures in planning and implementing new rest rules, impacting its growth forecast.
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,