IndiGo faces penalties exceeding Rs 2.76 crore from customs authorities in Ahmedabad and Chennai, which the airline intends to challenge, asserting that all duties were duly paid. Meanwhile, promoter Rakesh Gangwal and the Chinkerpoo Family Trust sold 5.72% ownership in IndiGo for Rs 11,564 crore through open market deals, reducing Gangwal's stake to 4.7% and the trust's to 3.08%.from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/qEPbiVM
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