Rahul Bhatia

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 ......

Infrastructure

18 May, 2020

Rahul Bhatia's InterGlobe fails to make the cut for Virgin Australia

Virgin Australia Holdings Ltd's administrators have short-listed potential buyers BGH Capital, Bain Capital, Indigo Partners and Cyrus Capital Partners, a ......

General

12 May, 2020

Grapevine: PE funds in fray to buy Reliance's power distribution biz; Nippon eyes stake in IndusInd

A group of investors including Caisse de dépôt et placement du Québec (CDPQ), Actis LLP and Brookfield Asset Management have shown ......

Infrastructure

29 January, 2020

IndiGo shareholders reject co-founder's plan to change rules on stock sales

Interglobe Aviation Ltd, the operator of India’s top airline IndiGo, said on Wednesday a majority of shareholders voted against a ......

Infrastructure

05 November, 2019

IndiGo, Qatar Airways to announce strategic deal

India’s largest airline, IndiGo, and Qatar Airways will make a strategic business announcement on Thursday, which media reports said would ......

Infrastructure

24 October, 2019

India's top airline cuts expansion targets after $150 mn quarterly loss

India's biggest airline IndiGo reported its biggest ever quarterly loss on higher maintenance costs and cut capacity expansion targets, at ......

General

06 August, 2019

Grapevine: Warburg pledges IDFC First Bank stake; IndiGo founders' rift far from over

Global private equity giant Warburg Pincus has pledged its entire 9.86% stake in private-sector lender IDFC First Bank Ltd to ......

General

25 July, 2019

Grapevine: IndiGo founders set to reach compromise; TVS may sell stake in warehousing biz

InterGlobe Aviation Ltd, which runs budget airline IndiGo, has finalised a new policy on related-party transactions to address concerns raised ......

General

11 July, 2019

Grapevine: InterGlobe looks to buy Burger King India; Shunwei may bet on Yulu

Rahul Bhatia-controlled InterGlobe group is in the final stage of talks to acquire the India franchise of fast-food restaurant chain ......

Infrastructure

10 July, 2019

IndiGo founders' rift in the open as Gangwal turns to SEBI; shares slump

One of the co-founders of India’s largest airline IndiGo has alleged violation of corporate governance rules at parent company Interglobe ......