Page 16 - Interglobe Aviation

Bhatia vs Gangwal: IndiGo headed for a stormy board meet on Friday

Rahul Bhatia and Rakesh Gangwal - the founders of IndiGo - will possibly face each other with deep mistrust, which the board chairman, M Damodaran, will attempt to defuse

Battle for IndiGo: What led to the bitter public spat between two promoters

The first of a two-part series throws light on the developments that led to the bitter public spat between the two promoters of India's largest airline

IndiGo promoters' spat: Board to question Rakesh Gangwal on July 19

The board will also take a decision on whether to call for an external audit of Gangwal's personal expenses

IndiGo promoter dispute: Gangwal limited financial risks, says Bhatia camp

Rahul Bhatia claims he has played more significant role and undertaken financial risks

Rahul Bhatia-owned InterGlobe says it underwrote IndiGo's financial risk

A dispute between the founders of one of Asia's biggest budget carriers is deepening

The IndiGo drama

Many theories are doing the rounds about the sudden leadership change at India's largest airline

IndiGo wants to offer Wi-Fi in the sky; DoT to meet telecom operators soon

The DoT will create a separate category of such licences

Avenue Supermarts, IndiGo gain on inclusion in MSCI index

D-Mart has surged 6% to Rs 1,517, while IndiGo rallied 5% to Rs 1,249 on the BSE in intra-day trade.

IndiGo promoters' war: No listing norm violation, Bhatia may tell Sebi

Gangwal had recently approached Sebi, raising concerns linked to lapses in corporate governance at IndiGo, blaming co-promoter Bhatia for the same

At just 300 feet away, IndiGo &, IAF jets avert mid-air mishap over Chennai

IndiGo confirmed the incident, which is now being investigated by aviation regulator Directorate General of Civil Aviation (DGCA).

Airline shares extend fall as oil prices rise; IndiGo dips 10% in two days

InterGlobe Aviation (IndiGo), Jet Airways and SpiceJet were trading in the range of 3% to 5%, as compared to a marginal 0.1% decline in the S&P BSE Sensex at 09:50 AM.

SpiceJet gains for seventh straight day; stock surges 9% on heavy volumes

During the past week, the airline's stock has rallied 23 per cent as against a per cent rise in the benchmark index.

With founders quarreling in board room, IndiGo can't fly high in the sky

This is the time for IndiGo to be rewarding shareholders by consolidating its leadership position and filling the gap left by Jet

Sebi starts investigation into governance issues at InterGlobe Aviation

The market regulator has asked the company to give response to the allegations by July 19

Related party transactions just 0.53% of InterGlobe turnover: Rahul Bhatia

Rahul Bhatia's group Wednesday said that all related party transactions with the company have been executed at arms length basis in ordinary course of business

InterGlobe Aviation skids 11% on weak June quarter results

The stock dipped 11% to Rs 891, also its 52-week low on the BSE after the company reported a 96% year on year (yoy) decline in net profit at Rs 278 million in June 2018 quarter.

InterGlobe Aviation down for seventh straight day; hits 52-week low

The stock hit 52-week low of Rs 1,002, falling 11% in past two weeks from Rs 1,122 on July 17, as compared to 1.1% rise in the Sensex.

IndiGo stock continues to languish despite a hike in airfares

Ability of market to absorb increase will weigh on stock

Airline stocks fall on weak InterGlobe Aviation results; IndiGo tanks 18%

SpiceJet (down 9% at Rs 120) and Jet Airways (down 6% at Rs 556) were down more than 5% as compared to 0.16% decline in the S&P BSE Sensex at 09:55 am.

Interglobe Aviation: Buy on a dip for the long haul, say analysts

The weakness in the stock, analysts say, is a knee-jerk reaction to the news of its president, Aditya Ghosh, unexpectedly quitting on Friday. Going ahead, oil prices, Q4FY18 results will dictate trend