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Rakesh Gangwal News

12 Mar 2024

Rakesh Gangwal Sells 5.83% Stake In IndiGo For Rs 6,785 Crore

The stake sale is part of Gangwal's decision to trim his shareholding, a decision announced in February 2022 after a bitter feud with co-founder Rahul Bhatia over alleged corporate governance issues.

17 Aug 2023

Indigo Investors Alert! Stock Price May Be Impacted For THESE 2 Reasons, Check

Indigo continued to gain market share during July 2023 with its share now at 63.4 per cent (63.2 per cent in June 2023).

17 Aug 2023

IndiGo Story: How Friendship Gave Birth To India's Most Successful Airline

IndiGo Success Story: This is a unique success story about two friends - Rakesh Gangwal and Rahul Bhatia - who despite their divergent professional backgrounds united their vision and expertise to create what would become India's most triumphant airline - IndiGo.

06 Aug 2019

Indigo says promoter Gangwal's website on 'relevant updates' is unauthorised

Rakesh Gangwal stated in his letter of August 5, 2019 that he has set up a website to update “relevant information” as needed.

19 Oct 2014

IndiGo's big bet - the $40 billion jet buying spree

Almost four years ago a handful of people gathered in Airbus sales chief John Leahy`s spacious country house outside Toulouse and argued long into the evening over curry and cigars.

15 Oct 2014

IndiGo to buy 250 Airbus A320neo for $25.5 billion

The agreement would be Airbus` largest order by number of aircraft, IndiGo said.

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