Aviation
Infrastructure
Carlyle's aviation investment arm converts SpiceJet's dues into equity
Low-cost carrier SpiceJet Ltd said Carlyle Aviation now holds a 7.5% stake in the airline after converting $100 million of ......
Infrastructure
SpiceJet to offload stake to Carlyle's aviation investment arm
Low-cost carrier SpiceJet Ltd is likely to sell a 5% stake to its largest lessor Carlyle Aviation Partners, people aware ......
General
India sees record M&A in 2022 at $152 billion
India saw a record level of mergers and acquisitions in 2022, as companies sought to consolidate positions, and enter new ......
Finance
Rakesh Gangwal to sell 2.8% stake in IndiGo
Rakesh Gangwal, co-founder and co-promoter, of India’s biggest airline, Interglobe Aviation Ltd owned IndiGo, will sell up to 2.8% stake ......
People
Ronojoy Dutta quits no-frills carrier IndiGo as chief executive
InterGlobe Aviation-operated IndiGo on Wednesday said Ronojoy Dutta has stepped down as the airline’s chief executive officer effective September 30, ......
People
Tata Group appoints new CEO for Air India
Air India's new owner Tata Sons said Thursday it would appoint Campbell Wilson, the head of Singapore Airlines' budget carrier ......
Infrastructure
Indian carrier IndiGo's parent skids over 4% as co-founder quits, plans stake cut
Shares of InterGlobe Aviation, the parent of India's biggest airline IndiGo, dropped on Monday after one of its co-founders resigned ......
Infrastructure
Distressed sectors see renewed investor interest on govt support, easing of lockdowns
Distressed sectors including roads, hospitality and aviation are seeing renewed interest from investors on the back of government support for ......
General
Grapevine: Carlyle eyes stake in Indegene; Phable gets funds; SIA to skip Air India
Global private equity fund Carlyle is looking to acquire a significant minority stake in Indegene Lifesystems, a healthcare IT firm ......
Infrastructure
Why Indian aviation faces a long flight to full recovery from virus impact
The government’s decision to allow domestic carriers to resume partial operations from next week came as a shot of adrenaline ......