Indigo
Finance
WestBridge signs off with around $300 mn in portfolio exit
Private equity firm WestBridge Capital, which bets on unlisted companies and also makes private investments in public equities (PIPE), has likely made ......
General
Global IT outage affects Indian airlines, brokerages
Indian airlines and some brokerages faced technical and operational disruptions on Friday amid a global IT outage, multiple traders and ......
People
IndiGo co-founder Gangwal to join US airline Southwest's board
Southwest Airlines has appointed aviation industry veteran Rakesh Gangwal to its board of directors, it said on Monday, as increasing ......
Infrastructure
IndiGo's biggest shareholder to offload 2% stake in airline
IndiGo airline's biggest shareholder will sell a 2% stake worth $394 million in the low-cost Indian carrier on Tuesday, per ......
Infrastructure
WestBridge hits sell button on one of its single biggest India bets
Private equity firm WestBridge Capital, which backs unlisted companies and also makes private investments in public equities (PIPE), has pressed ......
Manufacturing
Aviation veteran Rakesh Gangwal invests $20 mn in Zetwerk
No-frills carrier IndiGo's co-founder Rakesh Gangwal has invested $20 million in business-to-business manufacturing unicorn Zetwerk. Gangwal, who was also former chief ......
Consumer
IndiGo co-founder Gangwal's family to offload stake
The family of IndiGo's co-founder Rakesh Gangwal was likely to sell between 5%-8% stake in the Indian airline's parent InterGlobe ......
Infrastructure
Go First, lessors lock horns as bankruptcy hearings begin
Indian airline Go First's effort to start insolvency proceedings has become ensnared in a tussle with aircraft lessors after they ......
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 ......
Finance
Markets end with losses for third day as IT stocks drag
Markets closed lower for a third straight session on Wednesday, pressured by sharp losses in IT stocks, while a risk-off ......
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