{"id":584473,"date":"2023-06-14T12:53:23","date_gmt":"2023-06-14T07:23:23","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=584473"},"modified":"2023-06-14T13:28:50","modified_gmt":"2023-06-14T07:58:50","slug":"rakesh-shobha-gangwal-may-pare-up-to-8-per-cent-stake-in-indigo","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rakesh-shobha-gangwal-may-pare-up-to-8-per-cent-stake-in-indigo\/","title":{"rendered":"Rakesh, Shobha Gangwal may pare up to 8 per cent stake in IndiGo"},"content":{"rendered":"<p>The Gangwals are once again looking to pare their stakes in InterGlobe Enterprises, the parent of budget carrier IndiGo.<\/p>\n<p>They could reportedly sell 5-8 per cent in a transaction that could be worth up to Rs 7,000 crore next month when the lock-in period for further sale ends.<\/p>\n<p>News of the potential sale led to the shares of IndiGo crashing on the bourses on Monday. The budget carrier settled at Rs 2,411.05 \u2014 a drop of 2.06 per cent or Rs 50.75 over the previous close on the BSE.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Gangwals are once again looking to pare their stakes in InterGlobe Enterprises, the parent of budget carrier IndiGo. They could reportedly sell 5-8 per cent in a transaction that could be worth up to Rs 7,000 crore next month when the lock-in period for further sale ends. News of the potential sale led to the shares of IndiGo crashing on the bourses on Monday. The budget carrier settled at Rs 2,411.05 \u2014 a drop of 2.06 per cent or Rs 50.75 over the previous close on the BSE.<\/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":[216,130,148],"tags":[],"class_list":["post-584473","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-telegraph","category-newspapers","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/584473","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=584473"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/584473\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=584473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=584473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=584473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}