In order to increase the EV charging network, the Government of India (GoI) has allocated a total outlay of Rs1,300 crore for the same in the FAME scheme.
Over the last several years, the Cargo industry in India has been witnessing exponential growth and IndiGo has been in the forefront of serving this industry via air connectivity across the country and neighboring nations.
Pankaj will take charge of the office of Vineet Garg who shall relinquish his office effective from April 10, 2022.
The management expects the positive trend to continue in the coming quarters supported by change in the product mix and the momentum gained on the distribution pillars of direct, digital and partnerships.
Banking stocks were trading in red, with the S&P BSE BANKEX index decreasing 400.25 points or 0.92% at 43081.02 at 13:51 IST.
Financials stocks were trading with losses, with the S&P BSE Finance index decreasing 90.66 points or 1.08% at 8284.73 at 13:51 IST.
Information Technology stocks were trading in red, with the S&P BSE IT Sector index decreasing 461.87 points or 1.26% at 36121.19 at 13:51 IST.
Earlier in March, Hind Rectifiers also bagged prestigious order worth Rs57.32 crore.
The facility has commenced the production from April 04, 2022.

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