Rakesh Gangwal Sells 5.83% Stake In IndiGo For Rs 6,785 Crore
The stake sale is part of Gangwal's decision to trim his shareholding, a decision announced in February 2022 after a bitter feud with co-founder Rahul Bhatia over alleged corporate governance issues.
Mar 12, 2024, 08:49 AM ISTIndigo Investors Alert! Stock Price May Be Impacted For THESE 2 Reasons, Check What Analyst Says
Indigo continued to gain market share during July 2023 with its share now at 63.4 per cent (63.2 per cent in June 2023).
Aug 17, 2023, 12:57 PM ISTIndiGo Success Story: How Friendship Gave Birth To India's Most Successful Airline - An Inspiring Tale Of Two Friends
IndiGo Success Story: This is a unique success story about two friends - Rakesh Gangwal and Rahul Bhatia - who despite their divergent professional backgrounds united their vision and expertise to create what would become India's most triumphant airline - IndiGo.
Aug 17, 2023, 11:08 AM ISTIndigo promoter Rakesh Gangwal sets up website for relevant updates, airline calls it unauthorised
Rakesh Gangwal stated in his letter of August 5, 2019 that he has set up a website to update “relevant information” as needed.
Aug 06, 2019, 13:29 PM ISTIndiGo's big bet - the $40 billion jet buying spree
Almost four years ago a handful of people gathered in Airbus sales chief John Leahy`s spacious country house outside Toulouse and argued long into the evening over curry and cigars.
Oct 19, 2014, 18:05 PM ISTIndiGo to buy 250 Airbus A320neo for $25.5 billion
The agreement would be Airbus` largest order by number of aircraft, IndiGo said.
Oct 15, 2014, 12:46 PM IST