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founder Gangwal in talks to buy stake in SpiceJet - ET Now

BENGALURU, Oct 13 (Reuters) - India's IndiGo  INGL.NS 
co-founder Rakesh Gangwal is in talks to buy a stake in India's
SpiceJet  SPJT.BO , ET Now reported on Friday, citing sources.
    The news sent shares of SpiceJet up about 16%, while IndiGo
shares rose 0.9%. 
    

 (Reporting by Indranil Sarkar in Bengaluru; Editing by Sonia
Cheema)
 ((Indranil.Sarkar@thomsonreuters.com; Mobile:  +91
7022132226;))

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