{"id":367249,"date":"2020-08-11T09:19:24","date_gmt":"2020-08-11T03:49:24","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=367249"},"modified":"2020-08-11T09:25:44","modified_gmt":"2020-08-11T03:55:44","slug":"covid-19-impact-indigo-to-raise-up-to-534-million-through-share-sale","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/covid-19-impact-indigo-to-raise-up-to-534-million-through-share-sale\/","title":{"rendered":"Covid-19 impact: IndiGo to raise up to $534 million through share sale"},"content":{"rendered":"<p>Interglobe Aviation Ltd, which runs India&#8217;s largest airline IndiGo, said on Monday it will raise up to Rs 4,000 crore ($533.70 million) through the sale of shares to institutional investors, as it looks to manage cash during the Covid-19 pandemic which has hit its operations. <\/p>\n<p>The virus outbreak caused Interglobe to report its biggest ever loss last month. The company had also announced separate plans to raise at least $268 million through the sale and leaseback of planes and other assets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Interglobe Aviation Ltd, which runs India&#8217;s largest airline IndiGo, said on Monday it will raise up to Rs 4,000 crore ($533.70 million) through the sale of shares to institutional investors, as it looks to manage cash during the Covid-19 pandemic which has hit its operations. The virus outbreak caused Interglobe to report its biggest ever loss last month. The company had also announced separate plans to raise at least $268 million through the sale and leaseback of planes and other assets.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-367249","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/367249","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=367249"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/367249\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=367249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=367249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=367249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}