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Thursday, August 14, 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

Trump is swinging on Russia again. What this means for Europe’s security architecture

The dynamics between Europe and Russia have gone so south that mending fences looks like an uphill task—even as the US swings between sanctions and olive branches.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

After Op Sindoor setback, Pakistan to form China-inspired military rocket force targeted at India

The ARFC is meant to be a dedicated force for conventional missile & rocket systems, & will include cruise missiles, rockets, ballistic missiles & Pakistan’s planned hypersonic missiles.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.