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RAKESH GANGWAL NEWS
Rakesh Gangwal raises $501 million in downsized IndiGo saleRakesh Gangwal's attempt to reduce his stake in IndiGo faced a setback as the share sale size was reduced to 7.56 million shares, raising a...- Stocks in news: Eternal, Tata Steel, IndiGo, United Breweries, ZaggleMarkets faced pressure, slipping below key support levels, impacting recovery. BNP Paribas became a net buyer of Eternal shares worth ₹3,22...
- IndiGo co-founder Rakesh Gangwal to sell part of stake in deal worth $800 million: ReportIndian airline IndiGo co-founder Rakesh Gangwal will sell up to a 3.4% stake in the low-cost carrier through a block deal worth 68.31 billi...
- Gangwal family trust offloads 5.2% in IndiGo through Rs 8,400 crore block deal; Morgan Stanley buys stakeRakesh Gangwal, through his family Trust 'The Chinkerpoo' executed the deal at Rs 4,715 apiece. Meanwhile, Morgan Stanley picked up 28.54 l...
- 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...
- Rakesh Gangwal sells 5.8% stake in InterGlobe Aviation for Rs 6,786 croreGangwal, the co-founder of India’s largest carrier, had said that he would gradually reduce the holdings in the company after stepping down...
- Indigo cofounder Rakesh Gangwal invests $20 million in Zetwerk via Wheelhouse Venture CapitalFounded in 2018, Zetwerk is a managed marketplace for contract manufacturing. It partners with industrial and consumer enterprises to get t...
- Gangwal family likely to sell Rs 3,700-crore worth stake in IndiGo via block deals: ReportPromoter Rakesh Gangwal and entities are likely to sell a 3.3% stake in InterGlobe Aviation. The floor price for the sale has been fixed at...
- Rakesh Gangwal doesn’t have the remotest interest in SpiceJet: BankersA banker with close ties to Rakesh Gangwal, one of the co-founders of IndiGo, has stated that Gangwal has no plans to make an investment in...
- IndiGo co-founder Rakesh Gangwal weighs 'sizable' stake buy in SpiceJet: ReportIndiGo co-founder Rakesh Gangwal is reportedly considering purchasing a stake in rival budget carrier SpiceJet. The size of the stake is ex...
- Rakesh Gangwal’s ‘big-hearted’ move. Twitter hails IndiGo co-founder’s Rs 100 crore donation to IIT-KanpurThe donation has been made towards setting up of a medical institution.
- IndiGo cofounder Rakesh Gangwal donates ₹100 crore to IIT-KanpurThe medical sciences and technology school will incorporate engineering research in the medical sciences field and requires ₹600 crore as i...
- IndiGo plunges 5% on reports of undisclosed related-party transactionsSebi found several RPTs between InterGlobe Enterprises and IndiGo were not disclosed as required.
- '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
- InterGlobe Aviation shares fall nearly 5%With promoter spat intensifying, Sebi & corporate affairs ministry dig deep into allegations.
- Gangwal could be taking a high moral ground as he lacks right under agreement: Mohit SarafEven if the allegations are baseless, it will still create a lot of uncertainty in the minds of investors.
- IndiGo promoter conflict has taken a very ugly and messy turn: HP RaninaIt is a fight on issues of management, corporate governance, independence of directors and of course issues like related party transactions.
- IndiGo appoints Rono Dutta as principal consultant to chalk out a five year business planDutta was with United Airlines for 17 years and was its president between 1999 and 2002. He was once a colleague of IndiGo co-founder Rakes...
- Interested only in international biz of Air India: IndiGoIndiGo is different because of its massive domestic feed, which is 40 per cent, and is a "big plus."
- ET Awards for Corporate Excellence: Interglobe Aviation wins emerging company of the year awardThe jury therefore went outside the initial shortlist to look at a wider list of candidates and picked InterGlobe Aviation as the winner.
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