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InterGlobe Aviation Ltd

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WestBridge Capital pumps up PIPE bet to biggest ever

Consumer

27 October, 2020

WestBridge Capital pumps up PIPE bet to biggest ever

WestBridge Capital has expanded a PIPE bet (private investment in public equities), making it the biggest exposure in a listed ......

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WestBridge makes a big bet on budget carrier IndiGo

Infrastructure

12 August, 2020

WestBridge makes a big bet on budget carrier IndiGo

WestBridge Capital has made one of its single-largest investments by picking up a small stake in IndiGo, as the public ......

IndiGo to raise up to $534 mn via share sale

Infrastructure

10 August, 2020

IndiGo to raise up to $534 mn via share sale

Interglobe Aviation Ltd, which runs India’s largest airline IndiGo, said on Monday it will raise up to 40 billion rupees ......

IndiGo to cut 10% of workforce due to COVID-19 impact

Infrastructure

21 July, 2020

IndiGo to cut 10% of workforce due to COVID-19 impact

IndiGo, India’s biggest airline, said it will cut 10% of its workforce as it grapples with declining revenues due to ......

Nifty closes above 10,000 as lockdowns ease

Markets

03 June, 2020

Nifty closes above 10,000 as lockdowns ease

India's Nifty index on Wednesday closed above the 10,000 mark for the first time since mid-March as the economy re-emerges ......

Sensex, Nifty rise as gains in financials offset Moody's rating cut

Markets

02 June, 2020

Sensex, Nifty rise as gains in financials offset Moody's rating cut

Indian shares ended higher on Tuesday for a fifth straight session as a rally in financial stocks and positive broader ......

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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 ......

Sensex, Nifty rise as travel curbs eased; airlines, ITC surge

Markets

21 May, 2020

Sensex, Nifty rise as travel curbs eased; airlines, ITC surge

Indian shares ended higher on Thursday for the third consecutive session as the country eased curbs on air and rail ......

Sensex, Nifty give up gains as ICICI Bank drops

Markets

20 April, 2020

Sensex, Nifty give up gains as ICICI Bank drops

Indian shares erased early gains to end little changed on Monday, weighed down by losses in ICICI Bank after Reuters ......

IndiGo cuts staff pay as coronavirus curbs air travel

Infrastructure

19 March, 2020

IndiGo cuts staff pay as coronavirus curbs air travel

India’s biggest airline IndiGo has cut the salaries of most employees by between 5% and 20% in response to the ......