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IndiGo promoter Rakesh Gangwal to sell INR 10,300cr stake in InterGlobe Aviation

IndiGo promoter Rakesh Gangwal to sell INR 10,300cr stake in InterGlobe Aviation

Rakesh Gangwal, Co-founder and Promoter of IndiGo, is set to sell a significant portion of his equity stake in InterGlobe Aviation, the parent company of IndiGo, worth up to INR 10,300 crore, according to reports.

Outbound
‘Indo-US Tourism needs swifter visa approval, more direct flights’

‘Indo-US Tourism needs swifter visa approval, more direct flights’

India and the US have a lot of unexploited potential in the tourism and hospitality space and more direct flights between the two countries and swifter visa application process is the need of the hour

OTAs
Yatra to cater to Welspun World for their domestic corporate travel needs

Yatra to cater to Welspun World for their domestic corporate travel needs

Yatra Online, Inc., through its Indian subsidiary, Yatra Online Limited has partnered with Welspun World to manage their domestic travel requirements. Through this partnership, Yatra aims to offer tailored, end-to-end travel solutions for Welspun's corporate

Aviation
Domestic travel fully recovers; strong demand continues in April: IATA

Domestic travel fully recovers; strong demand continues in April: IATA

The International Air Transport Association (IATA) has announced continued strong passenger traffic demand in April. The total traffic in April 2023 (measured in revenue passenger kilometers or RPKs) rose 45.8% compared to April 2022. Globally,

Top Stories
Agoda’s survey reveals confidence in domestic travel for Indians in 2022

Agoda’s survey reveals confidence in domestic travel for Indians in 2022

Travel optimism is back for Indians in 2022, after months of start-stop travel restrictions the travel and hospitality industry has to be agile to capture this pent-up demand according to digital travel platform Agoda’s India-genous

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