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CAELUM INVESTMENT
Greater control with cofounder Rahul Bhatia may be behind tiff in IndiGo cockpitBhatia's InterGlobe Enterprises has the right to appoint key managerial personnel & enjoys operational control.- IndiGo set to launch Rs 2,500 crore IPOThe Rahul Bhatia-owned airline is expected to net a record profit of up to Rs 2,220 crore this fiscal (2014-15), mainly due to low oil pric...
- IndiGo set to launch Rs 2,500-crore initial public offeringSources said bankers are working on the IPO as current market conditions are favourable for going public, especially for a company with a p...
- IndiGo says not in talks with Qatar Airways for stake saleIndiGo said it was not in "talks" with any airline including Qatar Airways for a stake sale, a month after the gulf carrier's CEO expressed...
- Achhe din: Merger and acquisitions are picking upCall it the Modi impact. After years of suppressed investment environment, India Inc is showing signs of revival with a spurt in merger and...
- PAMP to set up duty free gold shop at Indira Gandhi International AirportWorld's leading bullion brand PAMP will set up duty-free gold shop at the Indira Gandhi International Airport here.
- Government clears 22 FDI proposals worth Rs 3,249 croreThe FDI proposals have been cleared following recommendation of the Foreign Investment Promotion Board (FIPB), the Finance Ministry said.
- IndiGo losing senior pilots; 40 commanders quit in 1 yearAccording to recent DGCA data, Indigo's market share stood at 30.7 per cent in July this year over 31.6 per cent in June.
- Competition Commission of India clears InterGlobe Aviation-Caelum mergerThe CCI has approved the proposed merger of US-based Caelum Investment into InterGlobe Aviation, the holding company of budget airlines Ind...
- FIPB approves proposal to convert Rakesh Gangwal's IndiGo stake to NRI categoryAccording to FDI rules, foreign companies and foreign airlines are allowed to hold up to a 49 per cent stake in an Indian airline.
- IndiGo seeks FIPB approval to change stakeholding statusTo be able to get 4% FDI, IndiGo has sought FIPB nod to convert Gangwal's 47.9% stakeholding from FDI to investment under NRI head.
- IndiGo seeks nod from FIPB to free up FDI capAccording to the FDI rules, overseas companies and airlines are allowed to hold up to 49% in an Indian airline.
- IndiGo's over Rs 2,000 crore IPO may take wingWith a fleet of 79 leased Airbus A320 planes, IndiGo isn't an asset heavy company, but it has also one of the lowest debt levels in the ind...
- Nine investment banks to bid for Rs 2,500 crore IndiGo IPO; to be the biggest ever in India's aviation industryThe banks include Bank of America Merrill Lynch, JP Morgan, Goldman Sachs, Morgan Stanley, Citigroup, Barclays, UBS, Credit Suisse and BNP ...
- IndiGo's Rahul Bhatia & Aditya Ghosh vs AirAsia's Tony Fernandes & Mittu Chandilya: Men behind the coming war in skiesIndiGo the only airline to have cracked the code to profits while AirAsia has made a global habit of taking on carriers twice its size on t...
- Foreign airlines keen on investing in Indian aviation: Ajit SinghCivil Aviation Minister Ajit Singh said foreign airlines have realised the massive growth potential of the Indian aviation sector.
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