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IndiGo has formally responded to the DGCA's notice concerning widespread flight cancellations and delays. The airline cited changes in pilot duty norms and minor technical issues as contributing factors. IndiGo is working to resolve operational challenges and has processed significant refunds for affected passengers. The DGCA is reviewing the response and will take necessary action.
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News and Media
In the NSE midcap segment, seven stocks' close prices crossed below their 200 DMA (Daily Moving Averages) on December 8, according to stockedge.com's technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock's price is below its long-term trend line. The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock. Take a look:
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News and Media
Nephrocare Health Services, a leading dialysis provider, is set to raise funds through an IPO. The company aims to repay debt and invest in capital expenditure. Its promoter stake will reduce post-listing. Nephrocare has shown revenue growth and turned profitable recently. Investors will observe its financial trajectory and market position.
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News and Media
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