Posted inIndia

IndiGo parent settles case with market regulator

The two promoter groups of IndiGo, India’s largest airline, have buried the hatchet after settling a pending case with the stock market watchdog Securities and Exchange Board of India (SEBI). IndiGo’s parent company InterGlobe Aviation, in which co-founder Rahul Bhatia’s InterGlobe Enterprises is the largest shareholder, has paid 21 million rupees (US$288,000) to the market […]