Recent Highlights
All Stories for Rakesh Gangwal
IndiGo CEO says co-founders' feud has 'zero impact' on company; promoters on same page over airline's strategic direction
• 5 years agoAmid ongoing feud between the airline's promoters, IndiGo CEO Ronojoy Dutta on Thursday said there is "zero impact" on the carrier right now as they are on the same page over the airline's strategic direction
IndiGo close to placing a near-record order for more than 300 Airbus jets worth at least $33 bn
• 5 years agoIndian budget airline IndiGo is close to placing a near-record order for more than 300 Airbus A320neo-family jets worth at least $33 billion at recent catalogue prices to cement its position as India’s largest carrier by market share
IndiGo parent-InterGlobe Aviation's shares tumble 12% after company posts Rs 1,062 cr loss in Q2; m-cap drops by Rs 7,633 cr
• 5 years agoShares of InterGlobe Aviation on Friday tumbled 12 percent wiping off more than Rs 7,600 crore from its market valuation after the company posted a substantial loss in the September quarter
InterGlobe Aviation shares tumble 7% after company posts net loss of Rs 1,062 cr for September quarter
• 5 years agoAfter the market hours on Thursday, InterGlobe Aviation posted a net loss of Rs 1,062 crore for the September quarter, mainly on account of higher costs related to operating lease liabilities.
IndiGo reports biggest quarterly loss of Rs 1,062 cr due to high maintenance costs; cuts expansion targets
Fp Staff • 5 years agoIndiGo is the country's largest airline in terms of domestic market share
IndiGo parent-InterGlobe Aviation posts Rs 1,062 cr loss in September quarter on higher costs
• 5 years agoIndiGo's parent InterGlobe Aviation on Thursday posted a net loss of Rs 1,062 crore for the September quarter as higher costs and mark-to-market losses took a toll on the bottom line
IndiGo-parent InterGlobe Aviations' shares fall over 2% after co-promoter Rahul Bhatia moves for arbitration proceedings
• 5 years agoShares of IndiGo on Thursday slumped over 2 percent after one of the main promoters Rahul Bhatia moved for arbitration proceedings amid differences with co-promoter Rakesh Gangwal
IndiGo promoter feud: Rahul Bhatia, InterGlobe Enterprises seek arbitration proceedings in London
• 5 years agoInterGlobe Aviation is the parent of IndiGo, the country's largest airline in terms of domestic market share
SEBI seeks response from IndiGo on fresh letter by company's co-promoter Rakesh Gangwal
• 6 years agoMarkets regulator SEBI has sought a response from InterGlobe Aviation on a fresh letter by the company's co-promoter Rakesh Gangwal regarding corporate governance issues
IndiGo promoters spat: Hope Rakesh Gangwal's action will speak louder than words: Rahul Bhatia
• 6 years agoIn the letter to SEBI, Gangwal mentioned multiple issues, including various related party transactions (RPTs) of IndiGo with Bhatia group's company, InterGlobe Enterprises.