Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The value of the ace investor's personal holdings rose by just 2%.
Rahul Bhatia and Rakesh Gangwal - the founders of IndiGo - will possibly face each other with deep mistrust, which the board chairman, M Damodaran, will attempt to defuse.
India's biggest airline IndiGo is set to file the prospectus next week for a domestic stock market listing.
It dismissed reports suggesting a stake sale as 'baseless'.
The genesis of the arbitration lies in a bitter public battle that began in July when Rakesh Gangwal wrote to capital market regulator Sebi alleging lack of corporate governance in the company. He alleged that Rahul Bhatia, who holds controlling power of the company, had used it to execute questionable related-party transactions.
Some of Modi's biggest reforms have met with fierce political opposition.
It is clear that foreign airlines have realised the growth possibilities of the Indian aviation sector and are keenly interested, the minister said.
Ghosh, 43, will be reporting to 25-year-old Ritesh Agarwal, who founded OYO with a single hotel in 2013.
Investment bankers said retail investors were pulling back, while institutions were being pickier
IndiGo has previously placed orders for 100 A320s and 180 A320neo planes.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Aditya Ghosh, with no prior aviation background or MBA degree, managed not only to become the CEO of an airline but even piloted it to the top with almost half of the market.
Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.
About Rs 12,000 crore are stuck in India's first hotel district, Delhi's Aerocity, because of red tape.
The government must not enter into what will be a little more than a large-scale transfer of taxpayers' money to the operators of private hospitals.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
The US FOMC concludes its two-day meeting today while the Bank of Japan will start its two-day meeting today.
Whatever the final outcome of this unhappy episode, one thing is clear: a glass once cracked cannot be fixed. The trust is gone forever and the relationship between two old friends lies in tatters. For now, IndiGo, the airline, will have to learn to soar with two angry and distracted commanders, says Anjuli Bhargava.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances