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Rahul Bhatia

IndiGo's biggest shareholder to offload 2% stake in airline

Infrastructure

11 June, 2024

IndiGo's biggest shareholder to offload 2% stake in airline

IndiGo airline's biggest shareholder will sell a 2% stake worth $394 million in the low-cost Indian carrier on Tuesday, per ......

Rahul Bhatia's InterGlobe fails to make the cut for Virgin Australia

Infrastructure

18 May, 2020

Rahul Bhatia's InterGlobe fails to make the cut for Virgin Australia

Virgin Australia Holdings Ltd's administrators have short-listed potential buyers BGH Capital, Bain Capital, Indigo Partners and Cyrus Capital Partners, a ......

Grapevine: PE funds in fray to buy Reliance's power distribution biz; Nippon eyes stake in IndusInd

General

12 May, 2020

Grapevine: PE funds in fray to buy Reliance's power distribution biz; Nippon eyes stake in IndusInd

A group of investors including Caisse de dépôt et placement du Québec (CDPQ), Actis LLP and Brookfield Asset Management have shown ......

IndiGo shareholders reject co-founder's plan to change rules on stock sales

Infrastructure

29 January, 2020

IndiGo shareholders reject co-founder's plan to change rules on stock sales

Interglobe Aviation Ltd, the operator of India’s top airline IndiGo, said on Wednesday a majority of shareholders voted against a ......

IndiGo, Qatar Airways to announce strategic deal

Infrastructure

05 November, 2019

IndiGo, Qatar Airways to announce strategic deal

India’s largest airline, IndiGo, and Qatar Airways will make a strategic business announcement on Thursday, which media reports said would ......

India's top airline cuts expansion targets after $150 mn quarterly loss

Infrastructure

24 October, 2019

India's top airline cuts expansion targets after $150 mn quarterly loss

India's biggest airline IndiGo reported its biggest ever quarterly loss on higher maintenance costs and cut capacity expansion targets, at ......

Grapevine: Warburg pledges IDFC First Bank stake; IndiGo founders' rift far from over

General

06 August, 2019

Grapevine: Warburg pledges IDFC First Bank stake; IndiGo founders' rift far from over

Global private equity giant Warburg Pincus has pledged its entire 9.86% stake in private-sector lender IDFC First Bank Ltd to ......

Grapevine: IndiGo founders set to reach compromise; TVS may sell stake in warehousing biz

General

25 July, 2019

Grapevine: IndiGo founders set to reach compromise; TVS may sell stake in warehousing biz

InterGlobe Aviation Ltd, which runs budget airline IndiGo, has finalised a new policy on related-party transactions to address concerns raised ......

Grapevine: InterGlobe looks to buy Burger King India; Shunwei may bet on Yulu

General

11 July, 2019

Grapevine: InterGlobe looks to buy Burger King India; Shunwei may bet on Yulu

Rahul Bhatia-controlled InterGlobe group is in the final stage of talks to acquire the India franchise of fast-food restaurant chain ......

IndiGo founders' rift in the open as Gangwal turns to SEBI; shares slump

Infrastructure

10 July, 2019

IndiGo founders' rift in the open as Gangwal turns to SEBI; shares slump

One of the co-founders of India’s largest airline IndiGo has alleged violation of corporate governance rules at parent company Interglobe ......