India's domestic airline IndiGo to raise up to $533.3m via QIP

India's domestic airline IndiGo to raise up to $533.3m via QIP

An IndiGo Airlines A320 aircraft is parked on the tarmac at Rajiv Gandhi International Airport in Hyderabad March 7, 2012. REUTERS/Vivek Prakash

The board of directors of InterGlobe Aviation Limited, which operates the country’s largest domestic airline IndiGo, has approved raising up to 4,000 crore through a qualified institutions placement, the company said on Monday.

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