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Interglobe Aviation

Indigo promoter Rakesh Gangwal sets up website for relevant updates, airline calls it unauthorised

Rakesh Gangwal stated in his letter of August 5, 2019 that he has set up a website to update “relevant information” as needed.

Aug 06, 2019, 13:29 PM IST

IndiGo to expand Board to 10 members including 4 independent directors

Currently Indigo board comprises six members – Chairman M. Damodaran, Rahul Bhatia, Rakesh Gangwal, Anupam Khanna, Anil Parashar, and Rohini Bhatia who is an independent woman board member.

Jul 22, 2019, 13:11 PM IST

No enquiry yet in Indigo promoters feud by MCA

SEBI has sought the response from the company on allegations of Gangwal by July 19 while the board of Inter Globe Aviation, the promoter company of Indigo are also meeting on July 19 to consider the results.

Jul 16, 2019, 17:50 PM IST

IndiGo stocks crash over promoters dispute, ends 10.73% lower

Rakesh Gangwal, one of the co-founders of the airline, has alleged violation of corporate governance rules at Indigo, seeking regulatory intervention from market regulator Sebi.

Jul 10, 2019, 17:12 PM IST

Difference of opinion between promoters got nothing to do with airline: Indigo CEO to employees

Rakesh Gangwal, one of the co-founders of the airline, has alleged violation of corporate governance rules at Indigo, seeking regulatory intervention from market regulator Sebi.

Jul 10, 2019, 13:38 PM IST

IndiGo co-founder turns to SEBI over alleged corporate governance violation

The move appears to indicate that a boardroom dispute is escalating after a report in May that the co-founders and two largest shareholders of India`s largest airline were at odds over its expansion.

Jul 10, 2019, 12:45 PM IST

InterGlobe Aviation third-quarter profit plunges as crude prices weigh

Its net profit was 1.91 billion rupees ($26.79 million) in the three months ended Dec. 31, compared with 7.62 billion rupees a year earlier, the company said.

Jan 23, 2019, 17:20 PM IST

IndiGo's Q4 profit slumps 73% to Rs 118 crore

In the fourth quarter of 2017-18 , the firm had a higher total income of Rs 6,056.84 crore compared to Rs 5,141.99 crore in the same period a year ago.

May 02, 2018, 17:45 PM IST

CCI penalises Jet Airways, InterGlobe Aviation, SpiceJet for unfair biz practices

The watchdog has imposed a fine of Rs 39.81 crore on Jet Airways while the penalties on InterGlobe Aviation and SpiceJet are Rs 9.45 crore and Rs 5.10 crore, respectively.

Mar 08, 2018, 07:33 AM IST

Will not pursue AI bid if not profitable: IndiGo President

Having joined the race to buy out Air India, IndiGo President Aditya Ghosh has told employees that it will not embark on the journey if it is not profitable and jeopardises interests of the airline.

Jun 30, 2017, 15:31 PM IST

IndiGo airlines shows interest in buying stake in Air India

IndiGo said in a letter it would be interested in buying out the International operations of Air India and its low-cost wing, Air India Express.

Jun 29, 2017, 14:15 PM IST

NSE allows 15 companies including Reliance Defence in F&O segment

Top stock exchange NSE has decided to admit 15 companies including Reliance Defence and Engineering, InterGlobe Aviation, Suzlon Energy, Muthoot Finance and Piramal Enterprises, on its futures and options segment, from March 31.

Mar 23, 2017, 15:41 PM IST

IndiGo Q3 net profit slumps 25% to Rs 487 crore

InterGlobe Aviation, parent of no-frills airline IndiGo, Tuesday posted a 25 percent fall in net profit at Rs 487.26 crore in the three months ended December 2016 primarily impacted by higher fuel expenses and other costs.

Jan 31, 2017, 17:34 PM IST

IndiGo appoints Rohit Philip as CFO

IndiGo's parent InterGlobe Aviation on Wednesday announced the appointment of Rohit Philip as its Chief Financial Officer.

May 18, 2016, 12:24 PM IST

Boeing, Airbus eye Indian growth as fears of global slowdown mount

Boeing Co and Airbus Group SE said on Thursday they expect Indian airlines to order up to 1740 jets over the next 20 years, as aircraft manufacturers eye one of the world`s fastest-growing aviation markets to offset any weaker sales elsewhere

Mar 17, 2016, 20:17 PM IST

CCI rejects Air India's complaint against IndiGo

Air India and IndiGo are among the key domestic airlines.

Feb 20, 2016, 17:20 PM IST

IndiGo Q3 profit soars 24% to Rs 657 crore, highest in 10-year history

One of the profitable carriers in the country, IndiGo flew 8.33 million passengers in the 2015 December quarter compared to 6.53 million people flown in the year-ago period.

Jan 21, 2016, 20:45 PM IST

InterGlobe frames code for price sensitive info disclosure

IndiGo's parent InterGlobe Aviation, which debuted on the capital market earlier this month, has put in place a code to ensure fair disclosure of unpublished price sensitive information.

Nov 18, 2015, 22:41 PM IST

InterGlobe Aviation raises Rs 3,008 crore from IPO

The public issue closed on October 29 after three days of bidding in a price band of Rs 700-765. The company has now fixed the issue price at Rs 765 per share, the upper end of the price band.

Nov 02, 2015, 19:21 PM IST

InterGlobe Aviation IPO flies high, over-subscribed 6.15 times

The Rs 3,018-crore public offer of IndiGo's parent InterGlobe Aviation, the biggest IPO in nearly three years, elicited robust response as the issue got over- subscribed 6.15 times on the last day of bidding Thursday.

Oct 29, 2015, 21:13 PM IST