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Tuesday, July 22, 2025
TopicIndiGo shares

Topic: IndiGo shares

IndiGo co-founder Rakesh Gangwal’s family to sell shares worth $450 million, CNBC-TV18 reports

The offer floor price for the sale by Gangwal and his wife Shobha is set at Rs 2,400 per share — nearly a 6% discount on the current market price.

GoFirst crisis: IndiGo biggest gainer; Air India too sees uptick in market share in May

Akasa Air saw an increase of 0.8% from 4% to 4.8%. However, SpiceJet, which is struggling with financial woes and grounded aircrafts, saw its market share fall to 5.4% in May from 5.8% in April.

IndiGo shares surge over 8% after smaller rival Go First files for bankruptcy

Cash-strapped airline Go First filed for bankruptcy on Tuesday, blaming ‘faulty’ Pratt & Whitney engines for grounding of about half its fleet and taking lenders by surprise.

On Camera

Bihar mimics 19th-century American South. Citizenship is now weaponised to exclude voters

Disenfranchisement by institutional fiat is profoundly undemocratic. The effect of the ECI's new documentary process in Bihar will tilt the scales in favour of the BJP.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.