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Interglobe Aviation
Business  /  Published 03.06.20

Indigo posts Rs 871cr loss

InterGlobe Aviation on Tuesday reported a net loss of Rs 870.8 crore in the three months ended March as higher expenses and the suspension of flights because of the coronavirus took their toll on oper...
By Our Special Correspondent in New Delhi

Business  /  Published 29.01.20

IndiGo meet turns stormy

The InterGlobe Aviation EGM turned into a stormy affair on Wednesday as the shareholders created a ruckus over Rakesh Gangwal’s absence even though he had pressed for the meeting to move a special r...
By Our Special Correspondent in New Delhi

Business  /  Published 27.01.20

IndiGo net profit soars

InterGlobe Aviation on Monday reported better-than-expected numbers for the December quarter of 2019 when net profits soared 168 per cent to Rs 496 crore. The parent of budget carrier IndiGo had poste...
By Our Special Correspondent in Mumbai

Business  /  Published 30.10.19

Sensex reclaims 40000

The BSE Sensex on Wednesday breached the 40000-mark as good corporate earnings and optimism of tax relief charged up investors.The 30-share index, which opened on a positive note at 40055.63, hit an i...
By Our Special Correspondent in Mumbai

Business  /  Published 06.08.19

Truce in IndiGo battle turns brittle

The shaky truce between the founders of IndiGo, the country’s largest airline, appears to have crumbled.US-based Rakesh Gangwal, who holds a 36.65 per cent stake in InterGlobe Aviation, the parent c...
By Our Special Correspondent in Mumbai

Business  /  Published 19.07.19

IndiGo mulls board rejig

The board of InterGlobe Aviation, the parent of IndiGo, on Friday discussed the possibility of inducting a women director on its board that would necessitate a change in the Articles of Association (A...
By Our Special Correspondent in New Delhi

Business  /  Published 18.07.19

Queries to IndiGo

The government has sought explanations from InterGlobe Aviation on the allegations of corporate governance lapses raised by co-founder and promoter Rakesh Gangwal. InterGlobe Aviation is the parent o...
By TT Bureau in New Delhi

Business  /  Published 11.07.19

IndiGo dogfight over engine deal

The battle between Rakesh Gangwal and Rahul Bhatia, the two founders of IndiGo, has erupted over accusations of falling corporate governance standards at the airline — stemming principally from rela...
By Our Special Correspondent in Mumbai

Business  /  Published 10.07.19

IndiGo investors pay for spat

Shares of InterGlobe Aviation on Wednesday crashed over 11 per cent after a spat between its co-promoters became public. The sharp fall in the price, though expected, wiped off over Rs 6,400 crore in ...
By Our Special Correspondent in Mumbai

Business  /  Published 16.06.19

Gains from Jet Airways void to go

The higher margins enjoyed by the rivals of Jet Airways following the grounding of the airline are set to disappear as the shortage in capacity in Jet’s absence is expected to go in another three mo...
By Our Special Correspondent in Mumbai


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