IndiGo shares fell after it temporarily suspended its flights to Manchester from August 31 due to extended airspace restrictions and soaring operational costs. This decision will see one of its leased Boeing 787-9 Dreamliners returned. Despite strong passenger demand, longer flight times and escalating expenses forced the airline’s hand, though it remains committed to long-haul expansion.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO