INDIGO

Under Scanner: CCI Probe Triggers Stock Slide

Shares of

fell over 2.5 percent to ₹4,827 on February 5 after the Competition Commission of India ordered a detailed probe into the airline for alleged unfair business practices. The CCI, after reviewing data from airlines and the DGCA, prima facie concluded that IndiGo abused its dominant position by cancelling thousands of flights, which formed a significant share of scheduled capacity, thereby creating artificial scarcity and limiting consumer access to air travel during peak demand, weighing on investor sentiment.