TBM Staff - Mumbai
EaseMyTrip has invested about USD 4 million in ETrav Tech, giving it a 4.94% stake in the company and boosting its effort to grow its non-air segments. ETrav Tech is a B2B company serving travel
TBM Staff - Mumbai
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,
TBM Staff - Mumbai
Singapore Airlines (SIA) has said the proposed merger of Air India and Vistara is in progress, and they are awaiting foreign direct investment and other regulatory approvals. Vistara is a joint venture between Singapore Airlines
TBM Staff - Mumbai
SpiceJet Ltd. has restructured over $100 million outstanding dues to Carlyle Aviation Partner, into equity shares and compulsorily convertible debentures (CCDs). Aircraft lessor, Carlyle Aviation Partners is the commercial aviation investment and servicing arm of
TBM Staff - Mumbai
One of the co-founders of Indian airline IndiGo, Rakesh Gangwal, has resigned from the board, its parent company Interglobe Aviation said in an exchange filing on Friday. Gangwal, a non-executive, non-independent director intends to slowly
