The US-based billionaire Indigo co-founder has called for an exceptional ... This could also lead to the possibility of an existing promoter leaving or a strategic investor coming on board.
Promoters of IndiGo airlines, the Bhatia family, are reportedly likely to sell a 2 per cent stake in the company for approximately Rs 3,292.3 crore ($394 crore) through a block deal. This is the ...
The country’s largest airline IndiGo’s shares crashed 10.7% to ₹ 1,397 on Wednesday’s closing, thanks to the very public fight between its two promoters--Rahul Bhatia and Rakesh Gangwal.
Gangwal’s influence extended beyond IndiGo’s initial startup phase; he played a pivotal role during critical junctures in the ...
IndiGo block deal: Rahul Bhatia promoter entity plans to sell around 2% stake worth $394 mn "This is the first time in many years that he is looking to unlock value and pocket some returns," said ...