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