Interglobe Enterprises

IndiGo reports biggest quarterly loss of Rs 1,062 cr due to high maintenance costs; cuts expansion targets

IndiGo is the country's largest airline in terms of domestic market share

IndiGo promoter feud: Rahul Bhatia, InterGlobe Enterprises seek arbitration proceedings in London

InterGlobe Aviation is the parent of IndiGo, the country's largest airline in terms of domestic market share

IndiGo promoters spat: Hope Rakesh Gangwal's action will speak louder than words: Rahul Bhatia

In the letter to SEBI, Gangwal mentioned multiple issues, including various related party transactions (RPTs) of IndiGo with Bhatia group's company, InterGlobe Enterprises.

IndiGo promoters spat: Govt to examine if issues in airline are management dispute or companies law violation

The ministry, which is implementing the companies law, has sought information from InterGlobe Aviation -- the parent of IndiGo — after Gangwal raised red flags in July.

Rakesh Gangwal's fear of Bhatia group pushing questionable decisions does no credit to directors: IndiGo chairman M Damodaran

Amid the ongoing feud between promoters, IndiGo Chairman M Damodaran has said Rakesh Gangwal's apprehension that Rahul Bhatia's group could push through questionable decisions after board expansion does no credit to the fiduciary responsibilities of directors

IndiGo parent firm InterGlobe Aviation to put in place new policy on related party transactions amid promoters' feud

RPTs involving Bhatia's InterGlobe Enterprises was one of the issues flagged by Gangwal in his letter.

IndiGo promoter spat: Rahul Bhatia group says Rakesh Gangwal limited his financial risks

According to a statement, IGE Group continued to support the startup (IndiGo) without diluting Gangwal's potential upside.

IndiGo crisis: Rift between promoters Rakesh Gangwal and Rahul Bhatia makes airline miss out on opportunities

The IndiGo CEO, Ronojoy Datta, in the meanwhile has neither addressed not declined that problems exist, which might be a tacit admission in disguise.

InterGlobe Hotels plans Rs 700 cr investment to add 6 hotels in India by 2022

InterGlobe Hotels was established in 2004 for development of the 'ibis' network of hotels in India, Nepal, Sri Lanka and Bangladesh

Indian companies' foreign investment declines 36% to $1.39 bn in July, shows RBI data

Of the $1.39 billion invested in July this year, $608.52 million was the equity capital, $406.74 million was through loan and $371.86 million came in the form of issuance of guarantees.