Days after turning nine, IndiGo, India’s largest airline by market share, has announced an order to buy 250 narrow-bodied A320 neo aircraft for $25.7 billion. In an interview with Business Standard, IndiGo president Aditya Ghosh, photographed below, talks about the mega aircraft deal, the company’s coming initial public offering and other plans. Edited excerpts: Earlier, IndiGo had signed a memorandum of understanding with Airbus for 250 A320neo planes. Why did you allow the MoU to ... Rediff.com, 2 weeks ago
IndiGo rejigs ownership structure ahead of IPO - Rediff.com, 2 months ago
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Indian low-cost carrier SpiceJet Ltd said on Friday it was in ‘exploratory and preliminary stage’ talks with potential investors who have shown an interest in putting money into the airline. "A few parties have approached us and evinced interest in making investments into SpiceJet Limited," it said in a statement following a report in Economic Times that the airline was in talks to sell a stake to Qatar Airways. "However, since the deliberations with such prospective investors are ...Rediff.com, 1 month ago
Despite having started at least a decade later than Jet Airways, IndiGo accounts for the lion's share in the domestic market Primary markets are revived every time a renowned company taps the market to raise money. This time, the much-awaited IndiGo or Interglobe Aviation issue is finally expected to raise money with the company filling its prospectus with the market regulator, Sebi. Prospectus is a formal legal document, which is required by and filed with the Securities and Exchange ...Rediff.com, 2 months ago
SpiceJet asks DGCA to increase notice period for Q400 aircraft pilots; IndiGo dubs the demand unreasonable and unethical Low-cost airline SpiceJet has asked the Directorate General of Civil Aviation to increase the notice period for pilots from six months to a year and fix a three-year lock-in period. The demand comes in the wake of several pilots quitting the airline and to prevent poaching by rivals. SpiceJet has said it has suggested a change in service rules for pilots who fly turboprop ...Rediff.com, 2 months ago
Leading fashion label, Maki Oh continues to prove a hit amongst Hollywood rsquo;s fashion elite as Lupita Nyongo rsquo;o wears two classic hand-painted and hand-dyed pieces by the designer and champion of Adire ndash; the traditional Yoruba art of ...Nigerian Voice, 2 months ago
What made these 10 businesses rise above the rest? Read on to find out... A business becomes a brand when it successfully connects with its consumers either intellectually or emotionally. As many brand gurus will tell you, a brand should stand for character. This personification of the products that a business is selling allows the business to surreptitiously make a place for itself in the hearts and minds of the consumers. As Vani Kola, MD of Kalaari Capital, says in her article 'What it takes ...Rediff.com, 1 month ago
In the past eight years, 283 companies have raised money via IPO and 157 are yet to return any profit to their investors. Before investing in an initial public offer (IPO), retail investors typically rely on analyst reports or advice from friends who are well-acquainted with the stock market. But it pays to do your own research, as investors tend to burn their fingers in IPOs. About 55 per cent of the public offers that hit the market since 2008 are still trading below their issue ...Rediff.com, 1 month ago
Etihad has been able to introduce flights faster than other carriers because of the additional 37,000 weekly seat entitlements granted to airlines from Abu Dhabi in 2013. Image: Etihad Airways Chief Commercial Officer Peter Baumgartner poses behind a scale model of an Etihad Boeing 787 Dreamliner passenger jet during a media presentation at Zurich airport near the town of Kloten July 6, 2015. Photograph: Arnd Wiegmann/Reuters Etihad has emerged the fastest growing international airline to ...Rediff.com, 1 month ago
'During the Queen shoot, I was pretty depressed. I thought I had done a crap job and no one would notice me.' Lisa Haydon opens up. Model-turned-actress Lisa Haydon was the surprise find in Kangana Ranaut’s Queen. Her bohemian character got terrific response but while shooting for the film, Lisa thought she was doing a 'crap job'. The stunning actress, who turns 29 next week, opens up about herself to Sonil Dedhia/ Rediff.com. You will be 29 on June 17. How do you plan ...Rediff.com, 2 months ago
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