{"id":372004,"date":"2020-09-05T10:25:00","date_gmt":"2020-09-05T04:55:00","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=372004"},"modified":"2020-09-05T10:25:00","modified_gmt":"2020-09-05T04:55:00","slug":"indigos-plan-to-raise-%e2%82%b94000-cr-depends-on-sales-revenue-pick-up-ceo","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigos-plan-to-raise-%e2%82%b94000-cr-depends-on-sales-revenue-pick-up-ceo\/","title":{"rendered":"IndiGo&#8217;s plan to raise \u20b94,000 cr depends on sales revenue pick-up: CEO"},"content":{"rendered":"<p>New Delhi: IndiGo&#8217;s plan to raise up to \u20b94,000 crore through a qualified institutional placement (QIP) depends on the sales revenue pick-up in the coming days, its CEO Ronojoy Dutta said on Friday.<\/p>\n<p>&#8220;At this point in time, I would like to say that there is a 50:50 chance of the QIP happening,&#8221; Dutta said at the online annual general meeting of InterGlobe Aviation, IndiGo&#8217;s parent company.<\/p>\n<p>On August 10, InterGlobe Aviation told the BSE that it will raise up to \u20b94,000 crore through a QIP.<\/p>\n<p>Dutta on Friday said the company&#8217;s board of directors has passed the enabling resolution to raise funds through QIP but whether &#8220;we ultimately go for it or not depends on how the sales revenue side develops&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: IndiGo&#8217;s plan to raise up to \u20b94,000 crore through a qualified institutional placement (QIP) depends on the sales revenue pick-up in the coming days, its CEO Ronojoy Dutta said on Friday. &#8220;At this point in time, I would like to say that there is a 50:50 chance of the QIP happening,&#8221; Dutta said at the online annual general meeting of InterGlobe Aviation, IndiGo&#8217;s parent company. On August 10, InterGlobe Aviation told the BSE that it will raise up to \u20b94,000 crore through a QIP. Dutta on Friday said the company&#8217;s board of directors has passed the enabling resolution [&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-372004","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\/372004","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=372004"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/372004\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=372004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=372004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=372004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}