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Three years ago, Rakesh Gangwal told me emphatically he will not sell his sizeable stake in IndiGo—worth roughly Rs 30,000 crore at current prices—the airline he co-founded with Rahul Bhatia ...
On February 19, India’s largest private low-fare airline IndiGo announced the resignation of one of the two founders, Rakesh Gangwal, from the airline’s board and his intentions of offloading ...
According to BSE records, the Gangwal family owned 29.72% of IndiGo Airlines, while promoters owned a total of 67.76% of the company by the end of June 2023. Rakesh Gangwal is $4.7 billion as of ...
A quick profile of Rakesh Gangwal, co-founder of IndiGo who played a crucial role in transforming India's airline industry with a no-frills approach and cost efficiency.
IndiGo co-founder and co-promoter Rakesh Gangwal said that he is stepping down from the airline’s board. He said he intends to gradually reduce his equity stake in the company over the next five ...
NEW DELHI: US mega low cost carrier Southwest has appointed IndiGo co-founder Rakesh Gangwal as a board member. Gangwal had resigned from the board of India’s biggest airline in Feb 2022 and has ...
Indian billionaire Rakesh Gangwal raised 115.6 billion rupees ($1.4 billion) selling a stake in the parent of IndiGo, as he continues to retreat from the airline he co-founded almost two decades ago.
Co-founder and promoter Rakesh Gangwal has been re-appointed as a director in IndiGo, the country’s largest airline informed bourses. Gangwal's reappointment was finalised at the annual general ...
On Thursday, Gangwal’s InterGlobe Aviation Ltd, the owner of IndiGo, completed a Rs3,130 crore initial public offering (IPO) that received demand for 6.14 times the shares on offer.
IndiGo airlines founder Rakesh Gangwal and a promoter entity are planning to offload up to a 3.4% stake in InterGlobe Aviation Ltd. for nearly Rs 6,833 crore via open market transactions ...
On Thursday, Gangwal’s InterGlobe Aviation Ltd, the owner of IndiGo, completed a Rs3,130 crore initial public offering (IPO) that received demand for 6.14 times the shares on offer.