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INTERGLOBE BOARD
Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...- IndiGo shares in focus as ATF prices rise 10% as fuel retailers launch 3-year price stabilisation schemeIndiGo shares are in focus after state-run fuel retailers raised aviation turbine fuel prices by around 10% while introducing a three-year ...
- 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...
- IndiGo parent InterGlobe denies stake sale reports, calls them ‘speculative’InterGlobe Enterprises, the parent company of IndiGo, has refuted reports suggesting a potential stake sale in the airline. The company dis...
- IndiGo to invest $45 million in IFSC subsidiaryInterGlobe Aviation, IndiGo's parent company, will invest up to USD 45 million in its subsidiary IndiGo IFSC. This investment, approved by ...
- InterGlobe Aviation to extend USD 43 mln loan to IFSC subsidiaryIndiGo's parent company is set to provide a substantial loan to its subsidiary. The loan amounts to USD 43 million. This funding will enabl...
- M Damodaran returns to IndiGo board as non-independent non-executive directorThe Board of Directors of InterGlobe Aviation has approved the appointment of Damodaran as Non-Independent Non-Executive Director, subject ...
- IndiGo pays Rs 2.1 crore to settle case with SebiThe capital markets regulator said in its order on Tuesday, Rakesh Gangwal, co-founder of InterGlobe Aviation, had in his complaint alleged...
- InterGlobe moves Sebi to settle violationsA consent application is an out-of-court settlement over securities law violations. It is negotiated between the regulator and the entity c...
- IndiGo promoters' feud: Rahul Bhatia files petitions seeking info in USThe differences between Bhatia and Gangwal came to the fore in July after Gangwal sought market regulator Sebi's intervention to address al...
- InterGlobe Aviation board to meet on October 24 to consider Q2 resultsInterGlobe Aviation is the parent of the country's largest airline IndiGo.
- Don't hide behind 'unnamed sources': Rakesh Gangwal's fresh retort in spat with Rahul BhatiaRakesh Gangwal and Rahul Bhatia are locked in a bitter battle over alleged corporate governance lapses.
- IndiGo to expand board; to have 4 independent directorsThe decision, taken during the company's board meeting on July 20, also comes against the backdrop of feud between co-promoters.
- InterGlobe Aviation board meet on Friday amid promoter spatGangwal has flagged concerns about related-party transactions involving IGE Group and the allegations have been refuted by the Bhatia camp.
- InterGlobe Aviation shares fall nearly 5%With promoter spat intensifying, Sebi & corporate affairs ministry dig deep into allegations.
- IndiGo spat: Rahul Bhatia's group responds to Gangwal's allegations, says 'paan ki dukaan' has apparently done well"Gangwal's charges bout lack of corporate governance are much ado about nothing," InterGlobe Aviation said.
- InterGlobe Aviation stock falls over 3% ahead of March Q4 resultsGhosh has stepped down as Whole Time Director of InterGlobe Aviation, the parent of IndiGo.
- InterGlobe unit bids for ₹1,800 cr park deal in HyderabadThe interest of InterGlobe promoters in a big commercial real estate deal is significant as it signals large Indian conglomerates diversify...
- 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 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.
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