InterGlobe Aviation Ltd
Consumer
WestBridge Capital pumps up PIPE bet to biggest ever
WestBridge Capital has expanded a PIPE bet (private investment in public equities), making it the biggest exposure in a listed ......
Infrastructure
WestBridge makes a big bet on budget carrier IndiGo
WestBridge Capital has made one of its single-largest investments by picking up a small stake in IndiGo, as the public ......
Infrastructure
IndiGo to raise up to $534 mn via share sale
Interglobe Aviation Ltd, which runs India’s largest airline IndiGo, said on Monday it will raise up to 40 billion rupees ......
Infrastructure
IndiGo to cut 10% of workforce due to COVID-19 impact
IndiGo, India’s biggest airline, said it will cut 10% of its workforce as it grapples with declining revenues due to ......
Markets
Nifty closes above 10,000 as lockdowns ease
India's Nifty index on Wednesday closed above the 10,000 mark for the first time since mid-March as the economy re-emerges ......
Markets
Sensex, Nifty rise as gains in financials offset Moody's rating cut
Indian shares ended higher on Tuesday for a fifth straight session as a rally in financial stocks and positive broader ......
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 ......
Markets
Sensex, Nifty rise as travel curbs eased; airlines, ITC surge
Indian shares ended higher on Thursday for the third consecutive session as the country eased curbs on air and rail ......
Markets
Sensex, Nifty give up gains as ICICI Bank drops
Indian shares erased early gains to end little changed on Monday, weighed down by losses in ICICI Bank after Reuters ......
Infrastructure
IndiGo cuts staff pay as coronavirus curbs air travel
India’s biggest airline IndiGo has cut the salaries of most employees by between 5% and 20% in response to the ......
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