Rakesh Gangwal
Manufacturing
Aviation veteran Rakesh Gangwal invests $20 mn in Zetwerk
No-frills carrier IndiGo's co-founder Rakesh Gangwal has invested $20 million in business-to-business manufacturing unicorn Zetwerk. Gangwal, who was also former chief ......
Finance
Rakesh Gangwal to sell 2.8% stake in IndiGo
Rakesh Gangwal, co-founder and co-promoter, of India’s biggest airline, Interglobe Aviation Ltd owned IndiGo, will sell up to 2.8% stake ......
Infrastructure
Indian carrier IndiGo's parent skids over 4% as co-founder quits, plans stake cut
Shares of InterGlobe Aviation, the parent of India's biggest airline IndiGo, dropped on Monday after one of its co-founders resigned ......
Infrastructure
IndiGo shareholders reject co-founder's plan to change rules on stock sales
Interglobe Aviation Ltd, the operator of India’s top airline IndiGo, said on Wednesday a majority of shareholders voted against a ......
Infrastructure
IndiGo, Qatar Airways to announce strategic deal
India’s largest airline, IndiGo, and Qatar Airways will make a strategic business announcement on Thursday, which media reports said would ......
Infrastructure
India's top airline cuts expansion targets after $150 mn quarterly loss
India's biggest airline IndiGo reported its biggest ever quarterly loss on higher maintenance costs and cut capacity expansion targets, at ......
General
Grapevine: Warburg pledges IDFC First Bank stake; IndiGo founders' rift far from over
Global private equity giant Warburg Pincus has pledged its entire 9.86% stake in private-sector lender IDFC First Bank Ltd to ......
General
Grapevine: IndiGo founders set to reach compromise; TVS may sell stake in warehousing biz
InterGlobe Aviation Ltd, which runs budget airline IndiGo, has finalised a new policy on related-party transactions to address concerns raised ......
Infrastructure
IndiGo founders' rift in the open as Gangwal turns to SEBI; shares slump
One of the co-founders of India’s largest airline IndiGo has alleged violation of corporate governance rules at parent company Interglobe ......
General
Dewan Housing to sell realty loans to Oaktree; CDPQ to buy Essel's roads projects
Dewan Housing Finance Corporation is in discussions with global alternative investment management firm Oaktree Capital to sell wholesale real estate ......