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.
Last Updated: Friday, September 11, 2015, 18:58
Shares of Aviation companies like SpiceJet and Jet Airways Friday settled with gains of more than 5 percent, after a record profit announced by their unlisted counterpart IndiGo, boosted investor sentiments.
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.
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.
Last Updated: Monday, August 17, 2015, 22:55
After placing the largest single order for 250 aircraft with European major Airbus, IndiGo today said that the purchase contract reflects stabilising trend in the Indian aviation sector.
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.
Last Updated: Monday, August 3, 2015, 20:51
Capital market regulator SEBI has sought fresh clarifications from InterGlobe Aviation, which runs budget carrier IndiGo, on its proposed Rs 2,500-crore initial public offer (IPO).
Last Updated: Wednesday, July 29, 2015, 19:40
No-frills carrier IndiGo on Wednesday said it is in preliminary discussions with Qatar Airways to explore a marketing collaboration but termed as "baseless" reports of the airline offloading stake to the Gulf carrier.
Last Updated: Tuesday, July 28, 2015, 18:36
Gulf carrier Qatar Airways on Tuesday said it is in talks with IndiGo, the largest Indian airline by market share and set to rest speculations that it is looking for a partnership with SpiceJet.
Last Updated: Tuesday, July 28, 2015, 18:15
SpiceJet 3-day sale will be open till midnight, July 30, 2015, for travel period August 4 - October 15, 2015.
Last Updated: Sunday, July 5, 2015, 15:01
The other three airlines that have been probed in this matter are SpiceJet, GoAir and Air India.
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).
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