Interglobe Enterprises News Today

India Business News: InterGlobe Enterprises (IGE) group MD Rahul Bhatia sells 2% stake in IndiGo for Rs 3,292.3 crore to fund IGE's businesses. Bhatia remains IndiGo's largest shareholder and promoter-MD, driving strategic direction.

Domestic markets opened lower with focus on various companies developments including IndiGo, Mphasis, IRB Infra, Cintra, RVNL, Siemens, Raymond Realty, BPCL, JSW Steel, Bharat Petroleum Corporation, Lupin, Global private equity, and Central Railway project.

Accor opened Raffles London at The OWO, Londons most expensive hotel owned by the Hinduja Group, expressing gratitude to the Hindujas for the partnership.

InterGlobe Enterprises, which owns Indias largest airline IndiGo, and Archer Aviation in November 2023 announced that they have entered into a memorandum of understanding (MoU) with the goal of partnering to launch and operate an all-electric air taxi service in India.

Collaboration between InterGlobe Enterprises and Archer introduces e-VTOL flying taxis in Indian cities. Competitive pricing, FAA and DGCA approvals p

Air Taxis: Collaboration between InterGlobe Enterprises and Archer introduces e-VTOL flying taxis in Indian cities. Competitive pricing, FAA and DGCA approvals pending, manufacturing in Georgia, and expansion plans for UAE, Chennai, and Hyderabad.

Chennai-based startup The ePlane Company expects to develop a certifiable prototype of a flying electric taxi by March next year as it works on ways to alleviate urban congestion. Incubated out of the Indian Institute of Technology (IIT), Madras, the company also aims to initially commercialise

The ePlane Company, from IIT Madras, aims to develop a flying electric taxi prototype by March, along with drones commercialization and eVTOL aircraft to alleviate urban congestion. InterGlobe Enterprises and Archer Aviation plan an all-electric air taxi service in India.

Air Taxi: The ePlane Companys Founder and CEO Satya Chakravarthy said it is developing an eVTOL (electric Vertical Takeoff and Landing) aircraft and to begin with, it will be a three or four-seater plane which can be converted into an air ambulance.

The ePlane Company’s Founder and CEO Satya Chakravarthy said it is developing an eVTOL (electric Vertical Takeoff and Landing) aircraft and to begin with, it will be a three or four-seater plane which can be converted into an air ambulance.