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Ronojoy Dutta
InterGlobe Aviation CEO Ronojoy Dutta, who will be stepping down next month ahead of his tenure, has agreed to an enhanced two-year non-compete period wherein he will not engage with any business that is similar or in competition with the company. Dutta is to step down as the Whole Time Director and CEO of InterGlobe Aviation, the parent of the country's largest airline IndiGo, on September 30 whereas his current tenure is till January 23, 2024. On Tuesday, the company said it will seek shareholders' approval for the remuneration of Dutta for this fiscal "as minimum remuneration in the event of absence or inadequacy of profits". The e-voting on the proposal will be open from August 31 to September 29 and the results will be declared on or before October 1. According to the filing, Dutta has agreed to an enhanced non-compete period of two years as against one year that was originally agreed to after stepping down. Under the non-compete restrictions, "he shall not engage with any ..
Is the Indian economy out of the woods? What is CEO Ronojoy Dutta's take on IndiGo's performance? Is there turbulence ahead for IndiGo & SpiceJet? What's 'windfall tax' on oil cos? All answers here
In an interview with Business Standard's Aneesh Phadnis and Arindam Majumder, IndiGo CEO Ronojoy Dutta tells about the airline's performance and plans about long international routes
'We are taking the Ranchi incident as a learning opportunity and treating it as a case study'
Elbers' relatively young age and expertise in developing international hubs are some of the reasons why he was selected as CEO
Since 2014, Elbers (52) has served as the President & Chief Executive Officer of KLM Royal Dutch Airlines
Tighter norms likely for carriage of persons with disability
The airline this week suspended five pilots who were planning to strike protesting against delay in reversing salary cuts
The government should bring aviation turbine fuel (ATF) under the Goods and Services Tax (GST) and make flying affordable for consumers and viable for airlines: IndiGo CEO Ronojoy Dutta
'Repairing balance sheet is an urgent task', says CEO Ronojoy Dutta in year-end letter to employees.
'If we project our cash flow for the next two years, it's only rising', said Dutta
Dutta said Air India will be a formidable force under the Tata Group and IndiGo does not take it lightly at all
Dutta said: "I am ready to declare that we have won (over) Covid. It was very bad. Delta came to India first. We had a horrific experience but now, we are back down to 20,000 cases a day."
CEO Ronojoy Dutta says airline's cash levels are 'pretty good' but it wanted an insurance buffer against a possible third wave of Covid-19.
Analysts remain sceptical on the profitability from freighter business
We have set for ourselves a minimum threshold of cash, come hell or high water, said Dutta
The carrier is currently operating around 40 per cent and 30 per cent of its pre-Covid domestic and international flights, respectively
Decision divides industry with experts calling it interference in commercial freedom of airlines
This is over and above Dutta's last year's salary of Rs 11.9 crore which he has received till 31 December
Jiten Chopra joined IndiGo in February 2020 as head of governance, risk and compliance