IndiGo’s board approves raising Rs 3,000 crore via QIP

IndiGo’s board approves raising Rs 3,000 crore via QIP

Mumbai: IndiGo Monday announced its board has approved the raising funds up to Rs 3,000 crore via a qualified institutional placement of shares. The airline last Tuesday said it would consider such a proposal. IndiGo’s decision comes as the aviation industry continues to be a hit by a catastrophic second wave of Covid19 infections. The … Read more