IndiGo Stock Dips as DGCA Revises Air Ticket Refund Norms, New Rules from March 26

• IndiGo shares fell over 2% after DGCA revised air ticket refund norms, making it a top Nifty loser.
• New DGCA norms allow passengers to cancel or change tickets without extra charge within 48 hours of booking, applicable from March 26.
• This 'Look-in option' is not available for domestic flights departing in less than 7 days or international flights in less than 15 days.
• Airlines cannot charge for name corrections within 24 hours if booked directly through their website.
• Refunds for medical emergencies and agent-booked tickets are also addressed, with airlines responsible for refunds within 14 working days.