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IndiGo Co-Founder's Family Trust Sells 5.24% Stake In Airline For Rs 9,549 Crore
InterGlobe Aviation promoter Rakesh Gangwal's family trust on Thursday sold a 5.24 per cent stake in the airline for Rs 9,549 crore through open market transactions.
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IndiGo To Receive Compensation From US Engine Maker Over Engine Issues
IndiGo operator Interglobe Aviation said on Friday it would receive compensation from Pratt & Whitney through its affiliate for powder metal issues that grounded some of its aircraft.
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IndiGo Plans Delhi-Gurugram Electric Air Taxis By 2026. Travel Time: 7 Mins
InterGlobe Enterprises, the parent company of IndiGo, and US-based Archer Aviation will launch an all-electric air taxi service in India in 2026.
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India's Biggest Airline Sees Capacity Growth Slowing Next Year
InterGlobe Aviation Ltd, which operates India's biggest airline IndiGo, forecast slower capacity growth in the fiscal year starting April 1.
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IndiGo Pilot Approaches Court To Seek Approval To Carry 'Kirpan' On Plane
A pilot working with IndiGo, a private airline, has approached the Bombay High Court seeking a direction to the Union government to allow him to carry a 'kirpan' while flying.
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IndiGo Promoter Shobha Gangwal Sells Shares Worth Rs 2,801 Crore
InterGlobe Aviation's promoter Shobha Gangwal on Wednesday sold a nearly 2.9 per cent stake in the company for a little over Rs 2,800 crore through open market transactions.
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IndiGo Co-Founder's Family To Sell Shares Worth Over 3,000 Crores: Report
The family of IndiGo's co-founder Rakesh Gangwal will sell operator Interglobe Aviation's shares worth over Rs 3,000 crores ($450 million) via a block deal on Wednesday, CNBC-TV18 reported on Tuesday, citing sources privy to the developments.
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IndiGo Reports "Highest Ever" Q1 Profit Of Rs 3,090.6 Crore
InterGlobe Aviation, the parent of the country's largest airline IndiGo, today reported a profit after tax of Rs 3,090.6 crore in the June quarter.
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Aviation Body Gives Nod To Air India, IndiGo To Import 970 Planes: Centre
"Directorate General of Civil Aviation (DGCA) has granted in-principle approval to Air India Ltd and Interglobe Aviation Ltd (IndiGo) for import of 470 and 500 aircraft, respectively," Minister of State for Civil Aviation VK Singh said in Rajya Sabha
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IndiGo Parent Firm InterGlobe Aviation's Valuation Reaches Rs 1 Lakh Crore
The market valuation of InterGlobe Aviation, the parent of IndiGo, reached Rs 1 lakh crore mark on Wednesday and became the first airline to achieve this milestone.
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InterGlobe Aviation Shares Hit 52-Week High In Intra-Day Trade
Shares of InterGlobe Aviation climbed nearly 3 per cent to hit its 52-week high level during the trade on Tuesday, a day after IndiGo announced placing a firm order to buy 500 narrow-body planes from Airbus.
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IndiGo Grounds 30 Aircraft Due To Global Supply Chain Disruptions
Interglobe Aviation Ltd, the operator of India's top airline IndiGo, said on Monday it has grounded around 30 aircraft due to global supply chain disruptions.
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Rakesh Gangwal, Wife Sell 2.74% Stake In Indigo's Parent Company For Rs 2,005 Crore
IndiGo Airlines co-promoter Rakesh Gangwal and his wife on Thursday divested 2.74 per cent stake in the parent company InterGlobe Aviation for Rs 2,005 crore through open market transactions.
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IndiGo Operator InterGlobe Aviation Ltd Posts Smaller June-Quarter Loss
InterGlobe Aviation Ltd, the operator of IndiGo, posted a smaller loss for the June quarter, as demand for air travel picked up in the country.
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IndiGo Plans To Hike Airfares, Shares Up Over 10%
Shares of InterGlobe Aviation Ltd, the operator of India's biggest airline IndiGo, surged more than 4 per cent in late morning deals after the carrier stated that it is expecting to raise ticket prices.
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IndiGo Co-Founder's Family Trust Sells 5.24% Stake In Airline For Rs 9,549 Crore
InterGlobe Aviation promoter Rakesh Gangwal's family trust on Thursday sold a 5.24 per cent stake in the airline for Rs 9,549 crore through open market transactions.
-
IndiGo To Receive Compensation From US Engine Maker Over Engine Issues
IndiGo operator Interglobe Aviation said on Friday it would receive compensation from Pratt & Whitney through its affiliate for powder metal issues that grounded some of its aircraft.
-
IndiGo Plans Delhi-Gurugram Electric Air Taxis By 2026. Travel Time: 7 Mins
InterGlobe Enterprises, the parent company of IndiGo, and US-based Archer Aviation will launch an all-electric air taxi service in India in 2026.
-
India's Biggest Airline Sees Capacity Growth Slowing Next Year
InterGlobe Aviation Ltd, which operates India's biggest airline IndiGo, forecast slower capacity growth in the fiscal year starting April 1.
-
IndiGo Pilot Approaches Court To Seek Approval To Carry 'Kirpan' On Plane
A pilot working with IndiGo, a private airline, has approached the Bombay High Court seeking a direction to the Union government to allow him to carry a 'kirpan' while flying.
-
IndiGo Promoter Shobha Gangwal Sells Shares Worth Rs 2,801 Crore
InterGlobe Aviation's promoter Shobha Gangwal on Wednesday sold a nearly 2.9 per cent stake in the company for a little over Rs 2,800 crore through open market transactions.
-
IndiGo Co-Founder's Family To Sell Shares Worth Over 3,000 Crores: Report
The family of IndiGo's co-founder Rakesh Gangwal will sell operator Interglobe Aviation's shares worth over Rs 3,000 crores ($450 million) via a block deal on Wednesday, CNBC-TV18 reported on Tuesday, citing sources privy to the developments.
-
IndiGo Reports "Highest Ever" Q1 Profit Of Rs 3,090.6 Crore
InterGlobe Aviation, the parent of the country's largest airline IndiGo, today reported a profit after tax of Rs 3,090.6 crore in the June quarter.
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Aviation Body Gives Nod To Air India, IndiGo To Import 970 Planes: Centre
"Directorate General of Civil Aviation (DGCA) has granted in-principle approval to Air India Ltd and Interglobe Aviation Ltd (IndiGo) for import of 470 and 500 aircraft, respectively," Minister of State for Civil Aviation VK Singh said in Rajya Sabha
-
IndiGo Parent Firm InterGlobe Aviation's Valuation Reaches Rs 1 Lakh Crore
The market valuation of InterGlobe Aviation, the parent of IndiGo, reached Rs 1 lakh crore mark on Wednesday and became the first airline to achieve this milestone.
-
InterGlobe Aviation Shares Hit 52-Week High In Intra-Day Trade
Shares of InterGlobe Aviation climbed nearly 3 per cent to hit its 52-week high level during the trade on Tuesday, a day after IndiGo announced placing a firm order to buy 500 narrow-body planes from Airbus.
-
IndiGo Grounds 30 Aircraft Due To Global Supply Chain Disruptions
Interglobe Aviation Ltd, the operator of India's top airline IndiGo, said on Monday it has grounded around 30 aircraft due to global supply chain disruptions.
-
Rakesh Gangwal, Wife Sell 2.74% Stake In Indigo's Parent Company For Rs 2,005 Crore
IndiGo Airlines co-promoter Rakesh Gangwal and his wife on Thursday divested 2.74 per cent stake in the parent company InterGlobe Aviation for Rs 2,005 crore through open market transactions.
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IndiGo Operator InterGlobe Aviation Ltd Posts Smaller June-Quarter Loss
InterGlobe Aviation Ltd, the operator of IndiGo, posted a smaller loss for the June quarter, as demand for air travel picked up in the country.
-
IndiGo Plans To Hike Airfares, Shares Up Over 10%
Shares of InterGlobe Aviation Ltd, the operator of India's biggest airline IndiGo, surged more than 4 per cent in late morning deals after the carrier stated that it is expecting to raise ticket prices.
