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GROW INDIGO FUNDING
Why Elon Musk-led blockbuster SpaceX IPO may spell more bad news for cryptoThe impending IPO of SpaceX is poised to shake up the cryptocurrency landscape. Investors are diversifying their portfolios, redirecting fu...
SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...
Air India, Riyadh Air ink initial pact for codeshare partnershipAir India and Saudi Arabia's Riyadh Air have signed an initial agreement. This partnership will offer seamless travel connections between I...
IndiGo approves $450 million plan to acquire aircraft, enginesIndiGo's parent company, InterGlobe Aviation, has approved a significant plan. Up to $450 million will be deployed to acquire aircraft, eng...
India’s youngest airline adds flights while Iran war crimps rivalsIndia's youngest airline, Akasa Air, is emerging as a significant competitor, expanding capacity by 13.2% while major carriers like IndiGo ...
Red alert: 15 stocks most vulnerable to FII selling as DIIs refuse to step inForeign institutional investors have divested approximately $53 billion from Indian equities since September 2024, leading to significant o...
Gautam Duggad on why midcaps will keep beating Nifty and his top bets for FY27Gautam Duggad of Motilal Oswal Financial Services anticipates a sharp earnings slowdown in the fourth quarter. He strongly recommends PSU b...
Will the coming earnings season(s) ring in more trouble for India Inc and investors?When a large, diversified group with exposure across autos, IT, hotels, retail, consumer, industrials, aviation, and infrastructure starts ...
Airbus mulls final assembly line in India after EmbraerAirbus is considering setting up a final assembly line (FAL) in India for its ATR regional aircraft, driven by the government’s push to exp...
IndiGo Ventures raises Rs 450 crore in first close of debut fund; backs Jeh AerospaceThe fund, launched in August 2024 with Sebi’s approval to raise up to Rs 600 crore, focuses on early-stage startups in aviation and related...
IndiGo Ventures raises Rs 450 cr; invests in startup Jeh AerospaceIndiGo Ventures, the corporate venture capital arm of domestic carrier IndiGo, on Monday announced the first close of its maiden fund at Rs...
Agritech startup Grow Indigo raises $10 million from British International InvestmentThe funds will be used for expanding sustainability programmes across India, accelerating farmer enrolment and scaling carbon farming initi...
Our cost supremacy will keep us ahead, any airline which sells tickets below their cost level will be out of business: IndiGo CEO ElbersIndiGo CEO Pieter Elbers addresses concerns over the airline's recent losses, emphasizing improved performance with reduced aircraft ground...
Peak XV Partners sells 22 pc stake in Indigo Paints for Rs 1,557 crore; Morgan Stanley, HDFC MF among buyersPeak XV Partners, formerly Sequoia Capital India and SEA, sold over 22% stake in Indigo Paints for Rs 1,557 crore to investors including Mo...
IndiGo promoters sell around 2% in airlineInterGlobe Enterprises, the promoter group of IndiGo, sold a 2% stake in the airline for over ₹3,367 crore to fund its ventures. The stake ...
Agritech startup Grow Indigo raises over $6 million in fundingGrow Indigo's latest funding round saw interest from investors globally including participation from Indigo AG, Mahyco and HNIs.
With Indigo Paints IPO, Sequoia Capital clocks another big gain from a non-tech betSequoia Capital will garner up to Rs 650 crore by selling 7-8% stake in the Indigo Paints in IPO process. It will continue to hold about 28...
IVFA invests $30 million in deGustibus HospitalityIndia Value Fund Advisors (IVFA) has invested around Rs 190 crore in chef Rahul Akerkar-founded deGustibus Hospitality, which runs 15 popul...
Tata Capital may buy Rs 50 cr stake in deGustibus Hospitality to help open new Indigo outletsTata Capital has given a term sheet to deGustibus Hospitality to buy a stake between 20% and 25% which valued the company at Rs 200 crore.
- Government not approving appplications to fly overseas: Rahul Bhatia, IndiGo
Rahul Bhatia, who floated IndiGo airlines with Rakesh Gangwal five years ago said that the govt should not change current FDI policy in avi...