Flipkart's co-founders Sachin and Binni Bansal made their debut at 86th position with a net worth of $1.3 billion each.
Top no-frills carrier IndiGo on Tuesday approached capital markets regulator Sebi with Initial Public Offer.
According to preliminary information memorandum, Air India's new owner will be asked to list the company in some time
Government believes privatisation would increase the airline's efficiency and make it profitable, enriching the value of the remaining stake with it.
With IndiGo executing its long haul low-cost plans the airline will certainly need a lot of cash going forward.
IndiGo will seek board approval for Dutta's appointment soon. Till then, promoter Rahul Bhatia will continue to act as interim CEO.
Two jawans were rounded up as suspects but the real culprit would be identified after identification parade.
"The return fare on economy class to most European capitals from Mumbai are close to 50,000 plus. If an LCC can offer direct connectivity for a basic fare of 25,000 with additional top ups for meals, baggage and blankets, which further takes the fare to, say, 35,000, it is still a value deal."
IndiGo's ascent is not without its risks, however.
IndiGo is arguably more a financial services company than airline.
Based on the Skytrax ranking for 2018, IndiGo is number two among the best low-cost carriers in Asia, behind rival AirAsia.
A majority of India's billionaires gained wealth in the last one year in spite of the stock market decline.
'You want to be a team that wins the game irrespective of which stadium you are playing in and what the weather conditions may be on that day,' says the outgoing president of IndiGo as he looks back on his eventful tenure.
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