Rakesh Gangwal
Infrastructure
IndiGo co-founder Rakesh Gangwal to sell about $1.4 bn of airline's shares
The co-founder of Indian airline IndiGo, Rakesh Gangwal, will sell a stake of up to 5.7% in the low-cost carrier ......
Manufacturing
Peak XV-backed Zetwerk closes Series F round, prepares for public listing
Zetwerk, a business-to-business (B2B) manufacturing services marketplace backed by marquee investors such as Peak XV, Accel and Avenir Growth Fund, has ......
People
IndiGo co-founder Gangwal to join US airline Southwest's board
Southwest Airlines has appointed aviation industry veteran Rakesh Gangwal to its board of directors, it said on Monday, as increasing ......
Manufacturing
Aviation veteran Rakesh Gangwal invests $20 mn in Zetwerk
No-frills carrier IndiGo's co-founder Rakesh Gangwal has invested $20 million in business-to-business manufacturing unicorn Zetwerk. Gangwal, who was also former chief ......
Finance
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 ......
Infrastructure
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 ......
Infrastructure
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 ......
Infrastructure
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 ......
Infrastructure
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 ......
General
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 ......
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