Rakesh Gangwal, family trust likely to offload 3.4% stake in IndiGo...

Dununu.com Dununu

Patrocinados

Rakesh Gangwal, family trust likely to offload 3.4% stake in IndiGo for Rs 6,831 crore amid ongoing divestment

RSS Feed Business

Posted

65

IndiGo co-founder Rakesh Gangwal and his family trust plan to sell up to 3.4% of their stake in the airline for approximately Rs 6,831 crore. This move follows Gangwal's earlier decision to reduce his holdings after a dispute with co-founder Rahul Bhatia. The sale, managed by Goldman Sachs, Morgan Stanley, and J.P. Morgan, involves 1.

Read Full Article

Please log in to like, share and comment!

‘Thug Life’ first half Twitter reviews

Mani Ratnam's 'Thug Life,' starring Kamal Haasan and Silambarasan TR, premiered in the USA,...

By 0 2

Kamal Haasan starrer 'Thug Life' Live Updates

By 0 2

Prime Minister Oli congratulates national cricket team on League-2 victory

KATHMANDU: Prime Minister (PM) KP Sharma Oli has extended his congratulations to the national...

By 0 8

Economic Digest: Nepal’s Business News in a Snap

KATHMANDU: Economic Digest offers a concise yet comprehensive overview of significant business...

By 0 12

Sandeep thought Ranbir’s look in 'Animal' was similar to 'Sanju'

Aalim Hakim revealed that Sandeep Reddy Vanga initially hesitated about Ranbir Kapoor's long hair...

By 0 17