On Tuesday, Reuters reported that Rakesh Gangwal, co-founder of India’s largest low-cost airline IndiGo $INDIGO.NS , plans to offload up to 5.7% of his stake in the carrier through a block deal that could raise as much as $1.4 billion USD. This strategic move has sparked investor attention given Gangwal’s historic influence over the company and IndiGo’s dominant role in India's domestic aviation sector.