SpiceJet
IndiGo co-founder Rakesh Gangwal in talks to buy ‘sizeable’ stake in SpiceJet: Report
IndiGo co-founder Rakesh Gangwal in talks to buy ‘sizeable’ stake in SpiceJet: Report IndiGo co-founder Rakesh Gangwal is in advanced talks to buy a ‘sizable’ stake in budget airline SpiceJet, according to a report by ET Now. The report did not specify the size of the stake that Gangwal is looking to buy but said […]
IndiGo Shares Fall 5% as Gangwal Family Sells Stake in Block Deal
IndiGo Shares Fall 5% as Gangwal Family Sells Stake in Block Deal Shares of IndiGo, India’s largest airline, fell 5% on Wednesday after the Gangwal family, the company’s co-founders, sold a 5.6% stake in the company via a block deal. The Gangwal family sold 15.6 million shares in IndiGo at a price of Rs 2,400 […]