IndiGo faces over Rs 2.76 crore in fines from customs authorities, airline to contest orders – Times of India

IndiGo is facing penalties exceeding Rs 2.76 crore from customs authorities in Ahmedabad and Chennai, but the airline has confirmed it will challenge the demands. In regulatory disclosures on Tuesday,…

Continue ReadingIndiGo faces over Rs 2.76 crore in fines from customs authorities, airline to contest orders – Times of India

IndiGo slapped with Rs 944 crore penalty by income tax department; airline vows to challenge in court – The Times of India

NEW DELHI: InterGlobe Aviation, the parent company of IndiGo, has been issued a penalty of Rs 944.20 crore by the Income Tax Department for the assessment year 2021-22. The airline,…

Continue ReadingIndiGo slapped with Rs 944 crore penalty by income tax department; airline vows to challenge in court – The Times of India

IndiGo co-founder Rakesh Gangwal’s family trust sells big stake in airline – Times of India

Rakesh Gangwal, co-founder of IndiGo Airlines, has sold a significant portion of his stake in the airline's parent company InterGlobe Aviation through a block deal. Gangwal and the Chinkerpoo Family…

Continue ReadingIndiGo co-founder Rakesh Gangwal’s family trust sells big stake in airline – Times of India