{"id":281794,"date":"2019-07-12T05:24:29","date_gmt":"2019-07-12T05:24:29","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=281794"},"modified":"2019-07-12T05:24:29","modified_gmt":"2019-07-12T05:24:29","slug":"interglobe-aviation-loses-1-40-billion-in-market-value-in-two-sessions","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/interglobe-aviation-loses-1-40-billion-in-market-value-in-two-sessions\/","title":{"rendered":"InterGlobe Aviation loses $1.40 billion in market value in two sessions"},"content":{"rendered":"<p>Mumbai: Investors of InterGlobe Aviation Ltd, which operates IndiGo, lost over $1.40 billion in market value in the last two sessions, hitting a four-month low after differences between the two founders of India&#8217;s largest airline became public.<\/p>\n<p>The stock lost nearly 16.7% in the last two sessions, eroding \u20b99,778.36 crore in market value after one of the founders Rakesh Gangwal wrote to the market regulator saying \u201cfundamental governance norms and laws are not being adhered&#8221;.<\/p>\n<p>The stock touched a low of \u20b91,313.40 a share &#8212; a level last seen on 15 March. At 10.04 am, the scrip was trading at \u20b91,315.80 on BSE, down 5.9% from its previous close. So far this year, it has gained nearly 16%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Investors of InterGlobe Aviation Ltd, which operates IndiGo, lost over $1.40 billion in market value in the last two sessions, hitting a four-month low after differences between the two founders of India&#8217;s largest airline became public. The stock lost nearly 16.7% in the last two sessions, eroding \u20b99,778.36 crore in market value after one of the founders Rakesh Gangwal wrote to the market regulator saying \u201cfundamental governance norms and laws are not being adhered&#8221;. The stock touched a low of \u20b91,313.40 a share &#8212; a level last seen on 15 March. At 10.04 am, the scrip was trading at [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-281794","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/281794","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=281794"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/281794\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=281794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=281794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=281794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}