IndiGo's president Aditya Ghosh shares the growth plan.
The EGM would discuss deleting various Articles pertaining to transfer and acquisition of the company's shares, including 'Right of First Refusal' and ' Tag Along Right', in the company's Articles of Association.
The company commands a market valuation of Rs 31,702.37 crore (Rs 317.02 billion).
InterGlobe Aviation has already raised Rs 832 crore from anchor investors.
The petrol versions carry a price tag ranging from Rs 424,000 to Rs 484,000, while the two diesel models have been priced at Rs 480,000 and Rs 519,000.
InterGlobe Enterprises on Thursday said it along with Archer Aviation plans to launch an all-electric air taxi service across India in 2026. Once launched, the InterGlobe-Archer flight will aim to take passengers from Connaught Place in the national capital to Gurugram in Haryana in approximately 7 minutes whereas by road, the 27-kilometre-long trip will take 60-90 minutes, according to a release. Both companies have entered into a Memorandum of Understanding (MoU) with the goal of partnering to launch and operate an all-electric air taxi service in India, subject to appropriate regulatory approvals and clearances.
The airline has already set up a team of senior executives to work on the fake licensing issue and 'we are reviewing all our internal records and providing them to the DGCA to help them with their investigation', the sources said.
Ghosh, 43, will be reporting to 25-year-old Ritesh Agarwal, who founded OYO with a single hotel in 2013.
Having introduced common rail direct injection engine in its Indigo XL sedan, Tata Motors has decided to introduce the technology in all diesel models of its Indigo and Indica cars within next 4 to 6 months.
154 people on board an IndiGo aircraft had a narrow escape on Wednesday following a problem in its landing gear that caused thick smoke to emanate after touching down at the airport in New Delhi, leaving some passengers with minor injuries during evacuation.
A negative net worth implies the company's liabilities are more than its assets
IndiGo carried 12.05 lakh passengers last month, followed by Jet Airways-JetLite combined flying 11.01 lakh.
Employees of Go First, which has filed for bankruptcy, hope that the airline will fly out of the crisis with government support but some are already scouting for work. Some Go First pilots have joined airlines in West Asia in recent weeks and others have approached IndiGo, India's largest domestic airline. Calls to IndiGo's human resources and operations department increased after Go First said on Tuesday it will suspend flights for three days starting May 3, sources said.
Cracks started appearing on Saturday in a grouping of airlines that was planning to suspend flights on August 18 to protest high jet fuel prices and taxes, with budget carrier IndiGo saying it would operate as usual.
'No doubt such a great human being, so humble and down to earth person.'
Leading low-cost carrier IndiGo has received the government's permission to buy 150 aircraft in the next 2-3 years, a senior company official said.
The plane made an emergency landing at the Bhopal airport, Bhopal police commissioner Harinarayan Chari Mishra told PTI.
The airline has also inked a deal to take 12 A320s from Singapore's Tiger Airways on lease.
With low-visibility conditions significantly disrupting flight operations at the Delhi airport, Civil Aviation Minister Jyotiraditya Scindia on Monday said all stakeholders are working round-the-clock to minimise fog-related impact as well as passenger inconvenience, and asserted that unruly passenger behaviour is unacceptable.
Tata Engineering is to begin deliveries of its three box sedan Indigo from Saturday.
IndiGo had debt of Rs 3,912 crore at end of the June quarter.
While most of these commanders quit the airline for better prospects, some of them also parted ways due to the work culture
There will be work today, there will be work tomorrow, there will be work the day after, but nothing will make up for the eternal regret of not seeing a friend when he was dying.
The car gives a mileage of 24 km per kg of CNG.
No-frills carrier IndiGo Airlines on Friday said it will increase frequencies on the domestic and international routes this summer as it adds nine aircraft to its fleet by the year end.
This will make buying tickets on airlines' websites cheaper as it will not include the transaction fee.
Under the new policy, external advice would be sought for related party transactions that are worth over Rs 2 crore and bidding process would be mandatory for any such contract.
Finally the winter sun was streaming through the airplane's window, shining gloriously above the thick, frothy blanket of fog.
As the festival of colours draws near, here's a row of fashionable looks inspired by the hues of Holi.
Low cost air-carrier IndiGo has flagged off its maiden foray into the international market.
In a move that signals a fresh round of consolidation in the recession-hit aviation industry, budget carrier SpiceJet may pick 7.5 per cent stake in another low-cost airline IndiGo.
This is the biggest IPO in the Indian market since Bharti Infratel's over Rs 4,000 crore public offer in December 2012.
Will build on its existing strengths. Plans to include more fuel-efficient A-320 N and offer better connectivity.
If all 102 grounded planes could fly, there will theoretically be 400 more Delhi-Mumbai flights every day.
10 recipes our readers savoured this year.
Market leader IndiGo on Friday followed its rivals and raised fares by 25 per cent to offset the impact of rupee fall and spike in international crude prices.
The presence of an engine maintenance, repair, and overhaul (MRO) facility in India could have prevented Go First airline from going "belly up", as sending engines abroad for servicing is not an efficient way to operate a carrier, Piyush Srivastava, senior economic advisor, Ministry of Civil Aviation, said in a statement on Tuesday. On May 3, Go First suspended its flights and filed for insolvency, squarely blaming engine manufacturer Pratt & Whitney (PW) for its cash crunch. The airline claimed that about half of its 54 aircraft were grounded on May 3 due to a delay in the supply of engines by the US-based company. PW has denied the charges.
Akasa Air's plane occupancy, or load factor, improved the most among all major carriers in April compared to the last month. Load factor signifies the percentage of seats that the airline has been able to fill in its planes. The Vinay Dube-led carrier, which started commercial flights in August last year, saw its load factor jump by more than 11 per cent in April, according to the Ministry of Civil Aviation's data
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances