Qatar Airways eyes 49% stake in India's largest airline IndiGo in a $2b deal

Indigo posted a record profit last year and is expected to post $250 million in profit this financial year too.

Qatar Airways has re-shown interest in picking a substantial stake in India’s largest airline IndiGo once shares of the Indian company starts trading on stock exchange now that its initial public offer (IPO) is over, said a report in Bloomberg. 

The second-biggest Gulf airline has been interested in IndiGo for some time, but was unable to take part in its IPO owing to certain investment restrictions imposed by the Indian government on aviation sector.

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