IndiGo downplayed FDTL impact to investors; faces probe, govt action.

• IndiGo faced an operational meltdown and highest flight cancellations after new FDTL norms took effect on November 1.
• The airline had previously assured investors that the impact of the revised crew-rest rules would be minimal.
• DGCA launched an inquiry, citing "prima facie deficiencies" in IndiGo's operational preparedness and compliance planning.
• Civil Aviation Minister stated the "fault" lay with IndiGo and confirmed that regulatory action is inevitable.
• IndiGo's parent company, InterGlobe Aviation, lost nearly ₹25,000 crore in market capitalization.

Why It Matters: IndiGo's crisis exposes potential investor deception and impending regulatory action.