IndiGo shares jump 4% after appointing former Air India Express CEO Aloke Singh as chief strategy head

IndiGo share price surged 4% after appointing Aloke Singh, former Air India Express CEO, as Chief Strategy Officer to guide long-term plans, including the significant Airbus A350 fleet induction for long-haul operations. This move follows CEO Pieter Elbers' resignation and comes amidst leadership changes and operational challenges.