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IndiGo Airlines

Page 30 - Latest Updates on IndiGo Airlines

IndiGo's Rakesh Gangwal says he will support resolution on expanding board

Resolution will come up for approval at the company's AGM on Tuesday

IndiGo's Rakesh Gangwal says he will support resolution on expanding board
Updated On : 24 Aug 2019 | 2:36 AM IST

IndiGo and SpiceJet to shift operations to Delhi's terminal 3 from Sept 5

SpiceJet will shift its operations entirely while IndiGo will move partially from T2 to T3. Delhi International Airport Limited said, it is carrying out expansion work at T2

IndiGo and SpiceJet to shift operations to Delhi's terminal 3 from Sept 5
Updated On : 19 Aug 2019 | 6:40 PM IST

Plane carrying Gadkari, 158 others returns to bay after 'caution alert'

The aircraft returned to bay for requisite checks after the pilot observed a 'momentary caution message', the airline said

Plane carrying Gadkari, 158 others returns to bay after 'caution alert'
Updated On : 13 Aug 2019 | 6:43 PM IST

Bhatia vs Gangwal: IndiGo promoters line up for meeting Sebi's Ajay Tyagi

Sebi has been probing the matter since the differences between the two promoters surfaced recently over certain related-party transactions

Bhatia vs Gangwal: IndiGo promoters line up for meeting Sebi's Ajay Tyagi
Updated On : 13 Aug 2019 | 4:18 PM IST

Gangwal's fear over Bhatia's group does no credit to directors: Damodaran

The differences between the two promoters came into the public view after Gangwal, last month, sought markets regulator Sebi's intervention to address alleged corporate governance issues at the firm

Gangwal's fear over Bhatia's group does no credit to directors: Damodaran
Updated On : 07 Aug 2019 | 6:32 PM IST

IndiGo spat resurfaces, Gangwal says he won't vote to expand board

Gangwal, his family and his family trust together own about 37% of the shares in the airline

IndiGo spat resurfaces, Gangwal says he won't vote to expand board
Updated On : 07 Aug 2019 | 1:19 AM IST

Don't hide behind 'unnamed sources', says Gangwal as IndiGo row continues

Gangwal and Rahul Bhatia -- promoters of the country's largest airline IndiGo -- are locked in a bitter battle over alleged corporate governance lapses

Don't hide behind 'unnamed sources', says Gangwal as IndiGo row continues
Updated On : 31 Jul 2019 | 2:16 AM IST

In fight for IndiGo, Bhatia appears to have pushed out partner Gangwal

Gangwal's decisions are being overturned as partner Rahul Bhatia tries to make IndiGo his own

In fight for IndiGo, Bhatia appears to have pushed out partner Gangwal
Updated On : 29 Jul 2019 | 3:12 AM IST

IndiGo Airlines wants to bid for grounded Jet Airways' assets and slots

Jet assets include three B737 planes, 49.9% stake in Jet Privilege, and slots across domestic and international airports

IndiGo Airlines wants to bid for grounded Jet Airways' assets and slots
Updated On : 27 Jul 2019 | 2:40 AM IST

IndiGo chairman brokers truce between Gangwal and Bhatia: Reports

The board of InterGlobe Aviation has approved a new policy on related party transactions

IndiGo chairman brokers truce between Gangwal and Bhatia: Reports
Updated On : 24 Jul 2019 | 5:22 PM IST

IndiGo board approves new policy on related party transactions: Report

Sources said the policy on related party transactions (RPTs) was approved by the board unanimously

IndiGo board approves new policy on related party transactions: Report
Updated On : 24 Jul 2019 | 5:01 PM IST

IndiGo to expand board to 10 directors, promoters yet to make peace

IndiGo's promoters, Rahul Bhatia and Rakesh Gangwal, have publicly fallen out after Gangwal wrote to Sebi alleging lack of corporate governance in the company

IndiGo to expand board to 10 directors, promoters yet to make peace
Updated On : 22 Jul 2019 | 1:39 PM IST

IndiGo to seek shareholder approval for induction of woman director

Former Pepsico CEO Indra Nooyi, former HP India head Neelam Dhawan said to have been approached

IndiGo to seek shareholder approval for induction of woman director
Updated On : 21 Jul 2019 | 1:02 AM IST

IndiGo to seek shareholders' approval for board expansion at upcoming AGM

The board's size will be expanded to 12 directors from the current six once the shareholders' approval is obtained

IndiGo to seek shareholders' approval for board expansion at upcoming AGM
Updated On : 20 Jul 2019 | 7:44 PM IST

IndiGo reports highest profit, board meet continues amid promoters' tussle

In a departure from the regular practice, the company's board meeting has been stretched to two days

IndiGo reports highest profit, board meet continues amid promoters' tussle
Updated On : 20 Jul 2019 | 3:38 AM IST

IndiGo posts PAT of Rs 1,203 crore for Q1, revenue jumps 45% YoY

The profit beat analysts' expectations, who had estimated a profit between Rs 608 crore and Rs 859 crore.

IndiGo posts PAT of Rs 1,203 crore for Q1, revenue jumps 45% YoY
Updated On : 19 Jul 2019 | 4:38 PM IST

Passengers' safety wasn't at risk: IndiGo, SpiceJet after mishap averted

Aircrafts of both the airlines came face-to-face on the runway at IGI airport

Passengers' safety wasn't at risk: IndiGo, SpiceJet after mishap averted
Updated On : 19 Jul 2019 | 2:11 PM IST

Near-miss between IndiGo and SpiceJet at IGI due to ATC lapse: Govt

According to sources, the SpiceJet plane was awaiting ATC clearance for take off for over 90 minutes

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Updated On : 19 Jul 2019 | 2:11 PM IST

Airlines stocks trade weak; InterGlobe Aviation down 4%

InterGlobe Aviation, SpiceJet and Jet Airways were trading lower in the range of 1% to 4% on the BSE.

Airlines stocks trade weak; InterGlobe Aviation down 4%
Updated On : 19 Jul 2019 | 2:09 PM IST

IndiGo Q1 preview: Jet Airways' closure, oil price fall to drive earnings

Markets await more clarity on Gangwal-Bhatia spat and hope for an early resolution.

IndiGo Q1 preview: Jet Airways' closure, oil price fall to drive earnings
Updated On : 19 Jul 2019 | 1:40 PM IST