Asia/Pacific

Co-founder of IndiGo sells 2.75% shares

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Co-founder of IndiGo sells 2.75% shares

Rakesh Gangwal, the co-founder of IndiGo, has sold almost 2.75% of his shares amounting to INR 2,005 crore. Details of the buyers were not provided by the National Stock Exchange; however, shares of IndiGo fell by a big margin end of the day following this transaction. After his fallout from IndiGo,...

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