Stocks in news: RIL, IndiGo, ICICI Bank, TVS Motor, InfosysThe markets declined on monthly expiry day. IndiGo's Gangwal family sold a stake. Reliance Industries will hold its AGM. ICICI Bank's compl...
Global airlines pile on India capacity as US-Europe traffic dropsInternational carriers are increasing routes to India due to weaker transatlantic demand, spurred by global economic uncertainties. Delta A...
IATA to hold AGM in India after 42 years; PM to address delegates on June 2Global aviation leaders are set to convene in New Delhi from June 1-3 for IATA's Annual General Meeting and World Air Transport Summit, mar...
Stocks in news: RIL, IndiGo, PB Fintech, Vedanta, Tata SteelStocks in News Today: Chinese multinational technology conglomerate Tencent is likely to sell 2.1% stake in PB Fintech via block deal at an...
IndiGo taking range of measures to deal with aircraft on ground situation: CEOIndia's top airline IndiGo's CEO has announced that the company will be undertaking a whole range of mitigating measures to deal with the s...
Bhatia-Gangwal Feud: IndiGo parent says arbitral award puts no costs on ItInterGlobe Aviation, which owns the country's top airline IndiGo, on Friday said it has received the final arbitral award in the proceeding...
IndiGo sees improvement in financials, says chances of raising funds through QIP is 50:50IndiGo reported a consolidated net loss of Rs 870.81 crore in the March quarter from a profit of Rs 596 crore a year ago and also reported ...
Sebi seeks clarification from IndiGo on Gangwal's latest letterGangwal has complained to Sebi against certain statements made by the chairman and CEO of the airline company Rahul Bhatia.
'Phew! glad (promoters’) disagreements have been resolved': IndiGo CEO tells employees“I am pleased to tell you that issues have now been satisfactorily sorted out," Ronojoy Dutta told employees in a mail
Buy IndiGo, target price Rs 1914: ICICI SecuritiesConsensus on ‘related party transaction’ policy is sentiment-positive.
IndiGo to investors: Related-party deals small, and at arm's lengthIssues weren't as serious as co-promoter Gangwal made them out to be, InterGlobe management said.
Hope Rahul Gangwal's action will speak louder than words: Rahul BhatiaIn the letter to the Securities and Exchange Board of India (Sebi), Gangwal mentioned multiple issues, including various related party tran...
Related Party Transactions less than 1% of total revenues: IndiGoThis is the first time that IndiGo has officially clarified on the matter that has led to rift between its two promoters - Rahul Bhatia and...
IndiGo board has approved new policy on related-party transactions: Rakesh GangwalGangwal and his affiliates hold around 37 per cent stake in InterGlobe Aviation, while Bhatia's group owns nearly 38 per cent shareholding.
Need systems to prevent Interglobe Enterprise from getting more authority: Rakesh GangwalIn a letter to chairman, Gangwal also alleged that the chairman is siding with IGE.
InterGlobe Aviation annual general meeting on Aug 27he annual shareholders' meet also comes at a time when IndiGo promoters are locked in a bitter battle.
Global airline alliances looking to induct Indian low-cost carriers-- Indigo and JetTop executives of SkyTeam, world's second largest airline alliance, and Oneworld eye India presence as sector flourishes.