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IndiGo to raise up to ₹4,000 crore via share sale
short by Rishabh Bhatnagar / on Tuesday, 11 August, 2020
India's largest airline IndiGo on Monday said it will raise up to ₹4,000 crore through the sale of shares to institutional investors. This comes after the company has announced its plans of raising around ₹2,000 crore earlier, through sale and leaseback of planes and other assets. The COVID-19 outbreak caused the airline to report its biggest ever loss last month.
read more at Deccan Herald