Rahul Bhatia News

12.03 / 11:17

markets UPS Aviat CEO Airlines Strategy Updates IndiGo investors shrug off Pieter Elbers’ exit as Rahul Bhatia plays ‘Main Hoon Na’

₹4,466 during mid-day trading, mirroring a broader market rebound. The stock eventually closed 0.7% lower, but still outperformed the Sensex, which ended the day down 1.7%.Behind the renewed investor faith lies the return of founder and managing director Rahul Bhatia as interim chief executive.Bhatia, who co-founded the airline with his friend, Rakesh Gangwal, in 2006, minced no words in his first email to the staff on Tuesday evening.

10.12 / 01:21

UPS Provident Airlines show information travelers Videos Company Outsider: When IndiGo collapsed, its leaders were nowhere to be seen

Subscribe to enjoy similar stories. Company Outsider is a weekly newsletter by Sundeep Khanna. Subscribe to Mint's newsletters to get them directly in your email inbox. A toothless regulator and a dominant player in a two-horse race is a recipe for disaster.

05.08 / 12:01

COST Aviat Airlines Enterprise Universities country rights IndiGo will always remain a low-cost airline: Rahul Bhatia

NEW DELHI : India's largest airline IndiGo (InterGlobe Aviation Ltd), which offered low-cost all-economy seats so far, has announced the launch of ‘IndiGo Stretch’ business class. The airline, which started in 2006 with 100 aircraft in the pipeline, now has a fleet of over 380 aircraft and expects to receive more than 970 aircraft over the next decade. Mint spoke to the airline's promoter and managing director, Rahul Bhatia, about the airline's journey and what lies ahead as it enters the next phase of business with long-haul operations and business class seats.

03.06 / 11:25

COST UPS Aviat Manufacturing Mobile reports India's air taxi plan gets going, work begins towards 2026 take-off; fares to be only slightly higher than Uber's?

aviation ministry has set in motion the urban air mobility project with the setting up several technical committees to pave the way for India's first ait taxi to take-off by 2026, as was being planned for some time.

23.04 / 08:59

Digital Airlines Enterprise country hospital travelers Schools InterGlobe Enterprises, CP Gurnani launch AI business venture

InterGlobe Enterprises and technology industry veteran C P Gurnani have come together to launch an artificial intelligence business venture AIonOS. The joint venture was announced by Rahul Bhatia, Group Managing Director of InterGlobe and Gurnani, Executive Vice Chairman of AIonOS in the national capital on Tuesday. InterGlobe is a diversified group with focus on travel, transportation, logistics and hospitality. The country's largest airline IndiGo is part of it.

22.01 / 14:27

Aviat CEO Airlines Strategy Enterprise reports travelers InterGlobe Enterprises appoints Udaan’s Aditya Pande as CEO

NEW DELHI : InterGlobe Enterprises, the parent company of India’s largest airline IndiGo, has announced the appointment of Aditya Pande as group chief executive officerwith effect from March. Pande joins the travel conglomerate from Udaan, India’s largest enterprise e-commerce company, where he was chief financial officer the past three years. Udaan announced his resignation on Monday.

12.01 / 14:59

UPS Provident CEO Airlines Boeing AAR Indamer plans expansion to meet India’s growing aircraft maintenance needs

₹450 crore. We will be building six more hangars in phase II and III for which we will invest upwards of ₹550 cr-600 crore. The capacity will be tripled and we will provide MRO service for wide body aircraft also," said Indemar group director Prajay Patel.

16.08 / 14:27

UPS BLOCK Airlines Strategy MSCI performer Deal stake IndiGo's Gangwal family offloads 2.9% stake in Rs 2,800 crore deal

IndiGo co-founder Rakesh Gangwal has sold partial stake in the budget carrier through bulk deals on Wednesday.Sobha Gangwal, wife of Rakesh Gangwal, has offloaded 1.15 crore shares or 2.99% stake in the company at a weighted average price of Rs 2,426, which is about 5% discount from Monday's close. Through the sale, the family earned nearly Rs 2,800 crore. Rakesh Gangwal and his wife, Shobha Gangwal, held about 13.23% and 2.99%, respectively, in IndiGo at the end of June quarter, while their Chinkerpoo Family Trust holds a 13.5% stake, according to exchange data.

07.02 / 08:39

Indigo How IndiGo weathered the pandemic and joined a select global league of profit-making airlines

IndiGo, India’s largest carrier by fleet size and domestic market share, joined global peers in financial recovery in the third quarter of FY22.

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