Page 8 - Indigo Airlines

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

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 chairman brokers truce between Gangwal and Bhatia: Reports

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

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 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 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 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 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 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.

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

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

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.

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.

From IndiGo board meet to RIL results, here are the top events of the day

The CPSE ETF FFO will be open for retail subscription on Friday. The Centre is looking to mobilise up to Rs 10,000 crore through the latest FFO

EY finds no major lapses in IndiGo dealings after Gangwal points finger

Audit done after co-promoter Gangwal questioned related-party transactions

Govt seeks explanation from IndiGo on issues raised by Rakesh Gangwal

The government has sought explanations from InterGlobe Aviation on allegations of corporate governance lapses raised by co-founder and promoter Rakesh Gangwal. In a filing to the stock exchanges, the company on Thursday said it received a communication on Wednesday from the Ministry of Corporate Affairs (MCA) regarding the complaint. The Registrar of Companies (RoC), National Capital Territory of Delhi & Haryana has sought "certain information/explanations" in relation to Gangwal's complaint. "The company will respond to MCA within the prescribed period," the filing said. Explanations have been sought under Section 206(4) of the Companies Act, 2013. Section 26 provides powers for the ministry to call for information, inspect books and conduct inquiries. The ministry's communication comes less than 10 days after Gangwal flagged concerns about corporate governance lapses at InterGlobe Aviation, especially certain related party transactions entered into by co-founder Rahul Bhatia's

Aircraft grounding: No abnormal increase in airfares, clarifies Centre

Minister of State for Civil Aviation Jayant Sinha said his ministry has been monitoring prices on the impacted routes

Another IndiGo Airbus A320 grounded; this time because of fuel leak

On March 13, Directorate General of Civil Aviation (DGCA) grounded 11 Airbus 320 Neo aircraft owned by Indigo Airlines and Go Air following multiple instances of engine-related problems

T2 shift: IndiGo, SpiceJet report smooth transition and no delays

Operations at the terminal kicked off 12 am onwards on Sunday

IndiGo, IndusInd Bank, Bharat Financial, Apollo Tyres hit 52-week highs

Britannia, Dilip Buildcon, Firstsource Solutions, Lakshmi Machine Works, MRF, Nestle India and TV18 Broadcasting were among 11 stocks from the S&P BSE500 index hitting their respective 52-week highs