Interglobe Enterprises

InterGlobe Enterprises, the parent company of IndiGo, and US-based Archer Aviation will launch an all-electric air taxi service in India in 2026.

The partnership, should they get regulatory clearances, aims to capitalise on a growing need for transport solutions in the world's most populous country that is battling severe ground travel congestion and pollution in its main cities.

"I am here for the long haul," Mr Gangwal, who has accused Mr Bhatia of corporate governance lapses told Bloomberg.

InterGlobe Enterprises (IGE), one of the promoters of parent of India's largest airline IndiGo, on Friday termed charges made by InterGlobe Aviation's co-founder Rakesh Gangwal as baseless and fact free insidious allegations on corporate governance at InterGlobe Aviation.

A number of new entrants to the stock market this fiscal year have managed to stay above their IPO levels, even as some big names like Coffee Day Enterprises and InterGlobe Aviation have fallen sharply from their peaks.

Bullish on the IPO market in India, global investment banking giant Rothschild has said fair pricing has become a must for offers to succeed and the promoters can no longer sell "pipe dreams".

The sources declined to be named because they were not authorised to speak to the media.

IndiGo, owned by hospitality and travel company InterGlobe Enterprises, has remained profitable in the last two years, avoiding much of the turbulence to hit rival Indian carriers.

No-frills carrier IndiGo, which has a uniform fleet of Airbus A-320s, has not yet firmed up plans to buy small planes which would help widen its domestic and regional operations.

InterGlobe Hotels will open 13 new hotels under its economy brand, 'ibis', across the country by 2015, entailing an investment of nearly Rs 600 crore exclusive of land cost of the projects, the hospitality firm said on Thursday.

British Airways is in talks with India's biggest carrier, IndiGo, over a ticketing and baggage sharing agreement, a source with direct knowledge of the discussions said on Tuesday.

Despite making profits, the airline could face some headwinds going forward, particularly if oil prices continue to rise and as the rupee continues to fall.

The foreign investment and promotion board (FIPB) has allowed Interglobe Enterprises Limited to set up a joint venture that will run duty-free shops at various international airports across India. Interglobe has formed joint venture with Switzerland-based Dufry. The joint venture will operate and manage retail outlets in duty free zone at the ai...

InterGlobe Enterprises, the parent company of IndiGo, and US-based Archer Aviation will launch an all-electric air taxi service in India in 2026.

The partnership, should they get regulatory clearances, aims to capitalise on a growing need for transport solutions in the world's most populous country that is battling severe ground travel congestion and pollution in its main cities.

"I am here for the long haul," Mr Gangwal, who has accused Mr Bhatia of corporate governance lapses told Bloomberg.

InterGlobe Enterprises (IGE), one of the promoters of parent of India's largest airline IndiGo, on Friday termed charges made by InterGlobe Aviation's co-founder Rakesh Gangwal as baseless and fact free insidious allegations on corporate governance at InterGlobe Aviation.

A number of new entrants to the stock market this fiscal year have managed to stay above their IPO levels, even as some big names like Coffee Day Enterprises and InterGlobe Aviation have fallen sharply from their peaks.

Bullish on the IPO market in India, global investment banking giant Rothschild has said fair pricing has become a must for offers to succeed and the promoters can no longer sell "pipe dreams".

The sources declined to be named because they were not authorised to speak to the media.

IndiGo, owned by hospitality and travel company InterGlobe Enterprises, has remained profitable in the last two years, avoiding much of the turbulence to hit rival Indian carriers.

No-frills carrier IndiGo, which has a uniform fleet of Airbus A-320s, has not yet firmed up plans to buy small planes which would help widen its domestic and regional operations.

InterGlobe Hotels will open 13 new hotels under its economy brand, 'ibis', across the country by 2015, entailing an investment of nearly Rs 600 crore exclusive of land cost of the projects, the hospitality firm said on Thursday.

British Airways is in talks with India's biggest carrier, IndiGo, over a ticketing and baggage sharing agreement, a source with direct knowledge of the discussions said on Tuesday.

Despite making profits, the airline could face some headwinds going forward, particularly if oil prices continue to rise and as the rupee continues to fall.

The foreign investment and promotion board (FIPB) has allowed Interglobe Enterprises Limited to set up a joint venture that will run duty-free shops at various international airports across India. Interglobe has formed joint venture with Switzerland-based Dufry. The joint venture will operate and manage retail outlets in duty free zone at the ai...