facebook-page-view
Advertisement

Rakesh Gangwal

Aviation veteran Rakesh Gangwal invests $20 mn in Zetwerk

Manufacturing

07 March, 2024

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 ......

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 ......

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 ......

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 ......

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 ......

Dewan Housing to sell realty loans to Oaktree; CDPQ to buy Essel's roads projects

General

17 May, 2019

Dewan Housing to sell realty loans to Oaktree; CDPQ to buy Essel's roads projects

Dewan Housing Finance Corporation is in discussions with global alternative investment management firm Oaktree Capital to sell wholesale real estate ......