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IndiGo aims to expand its fleet by 50% to more than 600 aircraft by 2030 to support flights to new domestic and international ...
Meanwhile, promoter Rakesh Gangwal and the Chinkerpoo Family Trust sold 5.72% ownership in IndiGo for Rs 11,564 crore through open market deals, reducing Gangwal's stake to 4.7% and the trust's to ...
Rakesh Gangwal and the Chinkerpoo Family Trust have further reduced their stake in IndiGo operator InterGlobe Aviation by 5.72%, garnering ₹11,564 crore through open market transactions.
The numbers are the latest indication of how much the Tesla brand is suffering because of the backlash against billionaire CEO Elon Musk ... selloff since January 2022. InterGlobe Aviation promoter ...
Shares of Joby Aviation (NYSE: JOBY) are up more than 28%, or $1.83 on the day. Volume even spiked to 71.7 million shares, as compared to its daily average volume of 11.6 million shares.
Bill Ackman, Billionaire investor and founder of Pershing Square Holdings, has had quite the busy 2025, making some notable buys and sells while also considering the next steps to potentially ...
Running an airline is an easy way to be a millionaire, if you’re already a billionaire, goes the common cliche. Therefore it’s surprising that, not only is IndiGo profitable, even the exit of one of ...
Indian billionaire Rakesh Gangwal raised 115.6 billion rupees ($1.4 billion ... Gangwal and the Chinkerpoo Family Trust sold 22.1 million shares, or a 5.7% stake, in InterGlobe Aviation Ltd., ...
India's regional air connectivity is playing catch-up with the demand of its aspirational travelers. And this is set to drive growth in India's aviation industry over the next few years.
InterGlobe Aviation fell 2.2 percent after reports of stake sale by co-founder Rakesh Gangwal. Similarly, Sagility India lost 5 percent after promoter Sagility B.V. announced an Offer for Sale ...
SYDNEY, May 27 (Reuters) - The co-founder of Indian airline IndiGo (INGL.NS), opens new tab, Rakesh Gangwal, sold a 5.7% stake in the low-cost carrier through a block deal worth about $1.36 ...
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IndiGo shares to be in focus as Rakesh Gangwal is likely to sell stake worth ₹6,831 crore via block dealIndia's largest airline company, Interglobe Aviation (IndiGo) shares will be in focus tomorrow, Tuesday, 26 May 2025, after reports emerged that the company promoter Rakesh Gangwal and his Family ...
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