India: IndiGo parent InterGlobe Aviation’s $616m share sale on Friday

IndiGo Airlines
An IndiGo Airlines A320 aircraft is parked on the tarmac at Bengaluru International Airport in Bangalore. Photo: Reuters

India’s InterGlobe Aviation Ltd, which runs the country’s top airline IndiGo, will conduct a share sale to institutional investors on Friday that will raise for the company and its founders as much as Rs39.45 billion ($616 million).

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