{"id":367330,"date":"2020-08-11T10:42:42","date_gmt":"2020-08-11T05:12:42","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=367330"},"modified":"2020-08-11T10:42:42","modified_gmt":"2020-08-11T05:12:42","slug":"indias-top-airline-indigo-to-raise-up-to-534-mn-via-share-sale","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indias-top-airline-indigo-to-raise-up-to-534-mn-via-share-sale\/","title":{"rendered":"India&#8217;s top airline IndiGo to raise up to $534 mn via share sale"},"content":{"rendered":"<p>BENGALURU: Interglobe Aviation Ltd , which runs India&#8217;s largest airline IndiGo, said on Monday it will raise up to 40 billion rupees ($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>BENGALURU: Interglobe Aviation Ltd , which runs India&#8217;s largest airline IndiGo, said on Monday it will raise up to 40 billion rupees ($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":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-367330","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/367330","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=367330"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/367330\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=367330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=367330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=367330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}