The percentage of hike could not be immediately ascertained. IndiGo’s “employee benefit expense” in FY 2017-18 was Rs 2,455 cr. The move comes as airlines are staring at increased operating costs due to crude oil touching $80 to a barrel and rupee again touching 70 to a dollar. The pay hike was possibly necessitated to soothe frayed nerves of employees.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2PwLSgU
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