UPDATE 2-India's IndiGo, Qatar Airways to announce strategic deal - Reuters:
India’s largest airline, IndiGo , and Qatar Airways will make a strategic business announcement on Thursday, which media reports said would involve a codeshare agreement.
IndiGo shares, which rose as much as 5% early in the day, pared those gains to trade up 1% in the afternoon.
Qatar has in the past shown interest in investing in IndiGo but the Indian airline has resisted.
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