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IndiGo's biggest shareholder to offload 2% stake in airline

Infrastructure

11 June, 2024

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 ......

IndiGo co-founder Gangwal sells stake worth $820 mn

Infrastructure

11 March, 2024

IndiGo co-founder Gangwal sells stake worth $820 mn

Rakesh Gangwal, co-founder of Indian airline IndiGo, sold a 5.8% stake worth $820.3 million in operator Interglobe Aviation via bulk ......

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WestBridge tops up bet on consumer-facing firm to over $200 mn

Consumer

25 April, 2023

WestBridge tops up bet on consumer-facing firm to over $200 mn

Private equity firm WestBridge Capital has pumped additional capital into a consumer-facing company, taking its total exposure to more than ......

Rakesh Gangwal to sell 2.8% stake in IndiGo

Finance

07 September, 2022

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 ......

Ronojoy Dutta quits no-frills carrier IndiGo as chief executive

People

18 May, 2022

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, ......

Indian carrier IndiGo's parent skids over 4% as co-founder quits, plans stake cut

Infrastructure

21 February, 2022

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 ......

From burgers to airfare, discount offers stack up for inoculated Indians

Consumer

23 June, 2021

From burgers to airfare, discount offers stack up for inoculated Indians

Discounts on items ranging from fast food to flights are being offered by Indian firms keen to lure people to ......

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Dark clouds hanging over India Inc start to drift away, finally

Finance

05 November, 2020

Dark clouds hanging over India Inc start to drift away, finally

First, the sliding economy clobbered India Inc, and then the pandemic that took off in April-June made things worse.  But the ......

Dewan Housing to sell realty loans to Oaktree; CDPQ to buy Essel's roads projects

General

17 May, 2019

Dewan Housing to sell realty loans to Oaktree; CDPQ to buy Essel's roads projects

Dewan Housing Finance Corporation is in discussions with global alternative investment management firm Oaktree Capital to sell wholesale real estate ......

IndiGo names former Air Sahara boss as CEO; ex-SEBI chief appointed chairman

Infrastructure

24 January, 2019

IndiGo names former Air Sahara boss as CEO; ex-SEBI chief appointed chairman

InterGlobe Aviation Ltd, owner of India's biggest airline by market share IndiGo, on Thursday appointed Ronojoy Dutta as chief executive ......