Interglobe Aviation
Interglobe Aviation News
SEBI seeks IndiGo response on fresh Gangwal letter
Sebi is already looking into alleged corporate governance lapses at InterGlobe Aviation after Gangwal, in July, wrote to the watchdog seeking its intervention to address certain issues.
InterGlobe Aviation annual general meeting: All related-party transactions executed at arm’s length, says CEO
IndiGo co-promoters have been engaged in a tussle over corporate governance issues, related party transactions and composition of board.
Advertising
Indigo's parent company InterGlobe Aviation's shares fall nearly 5%
InterGlobe Aviation, which got listed in 2015, has come under intense regulatory scanner and there are indications of multiple violations of Sebi norms.
IndiGo promoters’ rift surfaces during shareholder pact talks
As per the shareholding pattern declared by Interglobe Aviation, as of March 31, Bhatia, his family and his holding company Interglobe Enterprises held around 38 per cent stake, while Gangwal, his family and his entity held close to 37 per cent.
IndiGo posts Rs 652-crore net loss for September quarter
During Q1FY19, Indigo had reported 97 per cent dip in net profit to Rs 28 crore due to same factors.
InterGlobe Aviation drops over 6% after muted Q4 result
After opening on a weak note, the stock further slipped 6.42 per cent to Rs 1,007.40 on BSE.
Advertising
InterGlobe IPO over-subscribed 6.15 times, retail response tepid
This is the biggest IPO in the Indian market since Bharti Infratel’s over Rs 4,000-crore offer in December, 2012.
InterGlobe Aviation debuts, stocks soar 15%
The Rs 3,010 crore share sale of Indigo had garned a lot of interest among investors as it was the first airline to list in several years in on of the fastest growing aviation markets in the world.
IndiGo listed on stock exchange, soars 15 per cent
InterGlobe Aviation had raised Rs 3,008.5 crore at issue price of Rs 765 per share from its recently concluded, over-subscribed initial public offering (IPO).
IndiGo FDI proposal gets nod
The objective is that though the overall NRI stake in InterGlobe will not increase, they will hold a part of the voting rights after the merger.
Advertising
