IndiGo Co-Founder Rakesh Gangwal to Sell 3.8% Stake for Rs 7,100 Crore
Rakesh Gangwal, co-founder of India’s largest airline IndiGo, is poised to reduce his stake in the company further, with plans to divest approximately 3.8% of his holdings in InterGlobe Aviation, the parent company of IndiGo. This strategic move is valued at around Rs 7,100 crore ($8.5 billion) and is part of Gangwal’s…
IndiGo is celebrating its 18th anniversary on August 7 with a special promotion and a new business class product announcement. To commemorate the milestone, the airline is offering up to 18% off on flights from August 5 to August 8, 2024. Travelers can use the code ‘HAPPY18’ to avail of the discount.
The anniversary promotion comes as IndiGo, operated by Interglobe Aviation Ltd, recently…
