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Aviation
Rakesh Gangwal sells 5.8% stake in IndiGo; raising INR 6,785cr

Rakesh Gangwal sells 5.8% stake in IndiGo; raising INR 6,785cr

IndiGo co-founder Rakesh Gangwal sells 5.8% stake in airline via bulk deal, raises INR 6,785 crore. IndiGo co-founder Rakesh Gangwal has sold a 5.8 per cent stake in operator Interglobe Aviation via a bulk deal,

Aviation
New Sri Lanka government to sell national airline

New Sri Lanka government to sell national airline

Sri Lanka’s new government plans to sell its national airline to stem losses, part of efforts to stabilize the nation’s finances even as authorities are forced to print money to pay government salaries. The new

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