Flying high: IndiGo get SEBI nod for Rs 2,500-crore IPO

Last Updated: Monday, September 14, 2015, 23:01

Under the offer, the company plans to issue fresh shares worth Rs 1,272 crore. An equivalent amount can be raised through sale of up to 3.01 crore shares by its existing shareholders.

Seventh heaven: IndiGo net profit rises for 7th straight year, quadruples to Rs 1,304 cr in FY15

Last Updated: Thursday, September 10, 2015, 21:58

This is also the highest ever annual profit registered by the airline -- which is also preparing for a Rs 2,500 crore initial public offer -- since its inception in 2005.

IndiGo adds nine 9 new flights to its network

Last Updated: Tuesday, September 1, 2015, 19:58

No-frills carrier IndiGo has added nine new flights on its domestic network including a daily service on the Varanasi-Goa via Mumbai and Varanasi-Kolkata routes, starting Tuesday.

IndiGo confirms largest global order of 250 Airbus planes for $250.5 bn

Last Updated: Monday, August 17, 2015, 14:02

The Gurgaon-based carrier IndiGo had last October signed a MoU to acquire 250 of the latest Airbus A-320 Neo aircraft worth over USD 25.5 billion or Rs 1.55 lakh crore.

IndiGo faces litigations involving Rs 1,114 crore

Last Updated: Wednesday, July 1, 2015, 18:07

The profitable airline is gearing up to come out with an initial public offer worth about Rs 2,500 crore, that includes fresh issue of equity and Offer for Sale (OFS).

Airlines trim losses by 30%, Indigo reports record profit

Last Updated: Monday, June 8, 2015, 23:24

Lower fuel prices have helped domestic carriers to trim their combined losses by an estimated 30 percent at USD 1.21-1.27 billion in fiscal 2015, while budget carrier IndiGo reported an estimated record USD 150-175 million profit during the period, according to an industry report.

Qatar Airways keen to buy stake in IndiGo

Last Updated: Wednesday, May 6, 2015, 22:30

Qatar Airways Wednesday said it was keen to buy stake in Indigo, India's largest airline by market share, if its promoters were open to take an investment partner on board.

IndiGo, Honeywell ink pact for Airbus A320neo's avionics suite

Last Updated: Wednesday, May 6, 2015, 21:20

Global aircraft engine maker Honeywell has inked a pact with domestic budget carrier IndiGo to supply avionics suite for the latter's Airbus A320neo aircraft.

Qatar Airways eyes 49% stake in IndiGo, warns Airbus on A380neo

Last Updated: Wednesday, May 6, 2015, 19:20

Qatar Airways wants to buy up to 49 percent of IndiGo though the owners of the subcontinent`s largest carrier by market share have no immediate plans to sell, the Doha-based airline`s chief executive said on Wednesday.

IndiGo introduces 8 new services on domestic routes

Last Updated: Thursday, April 30, 2015, 21:47

Low-cost airline IndiGo has said it will add eight new flights to its domestic network from Friday with additional daily services from Delhi to Chennai, Vadodara and Lucknow.

IndiGo heads towards $400 mn IPO as air travel booms

Last Updated: Friday, March 27, 2015, 13:52

IndiGo, owned by hospitality and travel company InterGlobe Enterprises, has remained profitable in the last two years, avoiding much of the turbulence to hit rival Indian carriers.