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Aviation

Carlyle's aviation investment arm converts SpiceJet's dues into equity

Infrastructure

28 February, 2023

Carlyle's aviation investment arm converts SpiceJet's dues into equity

Low-cost carrier SpiceJet Ltd said Carlyle Aviation now holds a 7.5% stake in the airline after converting $100 million of ......

SpiceJet to offload stake to Carlyle's aviation investment arm

Infrastructure

23 February, 2023

SpiceJet to offload stake to Carlyle's aviation investment arm

Low-cost carrier SpiceJet Ltd is likely to sell a 5% stake to its largest lessor Carlyle Aviation Partners, people aware ......

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India sees record M&A in 2022 at $152 billion

General

29 December, 2022

India sees record M&A in 2022 at $152 billion

India saw a record level of mergers and acquisitions in 2022, as companies sought to consolidate positions, and enter new ......

Rakesh Gangwal to sell 2.8% stake in IndiGo

Finance

07 September, 2022

Rakesh Gangwal to sell 2.8% stake in IndiGo

Rakesh Gangwal, co-founder and co-promoter, of India’s biggest airline, Interglobe Aviation Ltd owned IndiGo, will sell up to 2.8% stake ......

Ronojoy Dutta quits no-frills carrier IndiGo as chief executive

People

18 May, 2022

Ronojoy Dutta quits no-frills carrier IndiGo as chief executive

InterGlobe Aviation-operated IndiGo on Wednesday said Ronojoy Dutta has stepped down as the airline’s chief executive officer effective September 30, ......

Tata Group appoints new CEO for Air India

People

12 May, 2022

Tata Group appoints new CEO for Air India

Air India's new owner Tata Sons said Thursday it would appoint Campbell Wilson, the head of Singapore Airlines' budget carrier ......

Indian carrier IndiGo's parent skids over 4% as co-founder quits, plans stake cut

Infrastructure

21 February, 2022

Indian carrier IndiGo's parent skids over 4% as co-founder quits, plans stake cut

Shares of InterGlobe Aviation, the parent of India's biggest airline IndiGo, dropped on Monday after one of its co-founders resigned ......

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Distressed sectors see renewed investor interest on govt support, easing of lockdowns

Infrastructure

27 September, 2021

Distressed sectors see renewed investor interest on govt support, easing of lockdowns

Distressed sectors including roads, hospitality and aviation are seeing renewed interest from investors on the back of government support for ......

Grapevine: Carlyle eyes stake in Indegene; Phable gets funds; SIA to skip Air India

General

29 January, 2021

Grapevine: Carlyle eyes stake in Indegene; Phable gets funds; SIA to skip Air India

Global private equity fund Carlyle is looking to acquire a significant minority stake in Indegene Lifesystems, a healthcare IT firm ......

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Why Indian aviation faces a long flight to full recovery from virus impact

Infrastructure

21 May, 2020

Why Indian aviation faces a long flight to full recovery from virus impact

The government’s decision to allow domestic carriers to resume partial operations from next week came as a shot of adrenaline ......