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India budget carrier IndiGo seeks to raise 30b rupees in IPO

Proceeds will fund expansion at the profitable carrier known for cheap fares and punctuality

Published Sun, Oct 25, 2015 · 09:50 PM

    New Delhi

    WAITING for a flight at New Delhi's Indira Gandhi airport, law student Shweta Toppo explains why she mostly flies IndiGo, the upstart budget airline preparing for a stock market flotation.

    "They're always on time, service is good and they're cheaper. For students, that's always a good thing," said the 19-year-old, en route to her university in the eastern city of Guwahati.

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