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Interglobe Aviation

INTERGLOBE AVIATION NEWS

IndiGo's mcap reaches Rs 1 lakh crore mark; stock rallies over 30% so far this year

June 29, 2023 2:34 pm

On Wednesday, IndiGo rallied 3.55 per cent to settle at Rs 2,619.85 apiece on the BSE.

IndiGo shares fall over 4% after reports of a block deal

February 16, 2023 12:02 pm

The stock price had touched a low of Rs 1,897 on Thursday, falling 4.48 per cent, against the previous close of Rs 1,912.05 on the NSE. The market capitalisation of the company stood at Rs 7,331,178.

Gangwal to begin sale of 2.8% IndiGo stake for $250 million

September 08, 2022 2:35 am

Gangwal served as a non-executive and non-independent director on the board. The Gangwal family and their trust will sell a 2.8 per cent stake through a block deal for $250 million or Rs 2,000 crore in InterGlobe Aviation on Thursday.

IndiGo's parent InterGlobe Aviation posts smaller June-quarter loss

August 03, 2022 4:53 pm

IndiGo expects a jump of about 70%-80% in capacity in available seat per kilometre in the current quarter from the same period a year earlier.

From HDFC Bank to Infosys: Here are top stocks to watch on April 18

April 18, 2022 10:41 am

Stocks to watch: From ICICI Prudential Life Insurance Company to InterGlobe Aviation, here are the key stocks to look out for on Monday's trade.

InterGlobe Aviation shares fall 4.5% after co-founder Rakesh Gangwal resigns

February 21, 2022 11:11 am

The IndiGo stock fell 4.47 per cent to Rs 2,025.45 apiece on the BSE while on the National Stock Exchange (NSE), it crashed as much as 4.32 per cent to Rs 2,025.20 per share.

IndiGo co-promoter Rakesh Gangwal resigns from airline's board; will gradually reduce stake over 5 years

February 19, 2022 12:15 am

Gangwal’s resignation comes around two weeks after other promoter Rahul Bhatia took charge as the company’s managing director.

Interglobe Aviation posts bigger quarterly loss as fuel expenses soar

October 28, 2021 6:42 pm

Interglobe's aircraft fuel expenses in the quarter soared 207.8%.to 19.89 billion rupees in the reported quarter, the company said.

InterGlobe Aviation to raise up to Rs 4,000 crore via share sale

August 11, 2020 12:45 am

The board of directors of InterGlobe Aviation Limited at its meeting on August 10, 2020 has considered and approved the raising of funds for an aggregate amount not exceeding Rs 4,000 crore through an issue of equity shares by way of a qualified institutions placement.

IndiGo employees to get full salaries as airline decides to rollback paycuts

April 23, 2020 4:06 pm

In an email sent to its employees, IndiGo has said that in deference to the government's wishes of not reducing pay during the lockdown, the management has decided not to cut the salary of the employees for the month of April.

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