IndiGo Fiasco Aftermath | Moody’s warns of revenue loss, downgrades score on human capital

Moody’s downgraded IndiGo’s human capital issuer score to 4 from 3 due to the adverse impact of slower hiring. The rating agency said IndiGo’s disruptions exposed gaps, which could result in revenue loss from cancellations, refunds and potential penalties. Shares of Interglobe Aviation Ltd ended at ₹4,926.55, down by ₹444.75, or 8.28%, on the BSE.

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