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INDIGO STAKE SALE
Harmony Infra acquires complete ownership of The Horizon Residences in IndirapuramHarmony Infra has acquired full ownership of The Horizon Residences in Indirapuram for Rs 250 crore, exiting the previous promoter and lend...
Stocks in news: SBI, Titan, Hyundai, BSE, Torrent Pharma, Axis BankIndian markets saw volatile trading on Thursday, closing nearly unchanged despite positive signals. Several companies including SBI, Titan,...
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...
Gangwals to sell 3.1% in IndiGo parent via Rs 7,020-crore block dealsRakesh Gangwal's family is set to sell a 3.1% stake in InterGlobe Aviation (IndiGo) through block deals valued at $801 million, priced at ₹...
Rakesh Gangwal Family to sell 3.1% stake in IndiGo via block deal: ReportRakesh Gangwal Family is poised to sell up to 3.1% stake in IndiGo, continuing their phased exit since 2022. The floor price is set at Rs 5...
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 shares slip 3% as co-founder Rakesh Gangwal likely offloads Rs 11,988 crore stake via block dealIndiGo shares: Rakesh Gangwal plans to sell a stake in IndiGo through a block deal worth ₹11,300 crore, managed by Goldman Sachs, Morgan St...
Gangwal family to sell 3.4% stake in IndiGo via Rs 6,831-crore block dealRakesh Gangwal IndiGo stake sale: Rakesh Gangwal and his family plan to divest up to 3.4% stake in IndiGo via block deals worth ₹6,831 cror...
IndiGo bulk deals effect: FTSE raises weight, MSCI may follow suitFollowing the sale of a 5.83% stake by promoter Rakesh Gangwal, global indices have increased IndiGo's weightage, predicting notable inflow...
IndiGo co-founder Rahul Bhatia says he, company here to stayIndiGo Co-Founder and Managing Director Rahul Bhatia and InterGlobe Enterprises have confirmed that their recent stake sale was for busines...
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 ...
InterGlobe Enterprises likely to sell 2% stake in IndiGo via block deal: ReportThe stake sale is valued at approximately $394 million, with the promoter set to offload 77 lakh shares at ₹4,266 each. This transaction wi...
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...
Gangwal family to sell a portion of IndiGo's stake worth $450 million via block deal on WednesdayIndigo Airlines' promoters, the Gangwal family, are selling $450 million worth of shares in a block deal through bankers Morgan Stanley, JP...
Rakesh Gangwal ropes in 4 investment banks to manage his stake sale in IndiGoLate last year, IndiGo's shareholders approved a change in the company's Articles of Association, enabling Gangwal to sell his holding with...
Still waiting to see if IndiGo bids for Air India: GovernmentIndiGo was the first airline to express its interest to bid for Air India, immediately after the government gave its in-principal approval ...
Decoding a stake sale: This could finally be Air India's chance to lose the baggageThis is how it has been all these years with Air India: The government wants to sell its old car, but still wants to drive it every Sunday.
India has not been fair in bilateral air traffic rights: Akbar Al Baker, Qatar AirwaysQatar has in the past tried to engage in talks with IndiGo for a stake sale, something that Al Baker publicly stated.
Discussion with Qatar Airways on marketing collaboration only: IndiGo"IndiGo is in preliminary discussions with Qatar Airways to explore potential marketing arrangements based on mutual interests," the airlin...
In talks with IndiGo, not SpiceJet, says Qatar AirwaysQatar Airways' official confirmation that it was in discussions with IndiGo comes ahead of the no-frills carrier gearing up for an initial ...