Page 32 - Indigo

IndiGo promoters' spat: Board to question Rakesh Gangwal on July 19

The board will also take a decision on whether to call for an external audit of Gangwal's personal expenses

IndiGo promoter dispute: Gangwal limited financial risks, says Bhatia camp

Rahul Bhatia claims he has played more significant role and undertaken financial risks

Rahul Bhatia-owned InterGlobe says it underwrote IndiGo's financial risk

A dispute between the founders of one of Asia's biggest budget carriers is deepening

Battered & bruised: How mistrust led to feud between two IndiGo co-founders

While the relationship between the two partners had deteriorated since August 2018, one last attempt at reconciliation was made at a meeting held in the offices of Bhatia's lawyer on May 28 this year

The IndiGo drama

Many theories are doing the rounds about the sudden leadership change at India's largest airline

IndiGo wants to offer Wi-Fi in the sky; DoT to meet telecom operators soon

The DoT will create a separate category of such licences

Avenue Supermarts, IndiGo gain on inclusion in MSCI index

D-Mart has surged 6% to Rs 1,517, while IndiGo rallied 5% to Rs 1,249 on the BSE in intra-day trade.

At just 300 feet away, IndiGo &, IAF jets avert mid-air mishap over Chennai

IndiGo confirmed the incident, which is now being investigated by aviation regulator Directorate General of Civil Aviation (DGCA).

Proxy advisor pulls up IndiGo promoters for poor board meeting attendance

While criticising warring IndiGo promoters Rahul Bhatia and Rakesh Gangwal for not attending board meets frequently, IiAS has also made a case for more independent directors on the board

The golden rules of doubles

How the IndiGo founders deviated from the flight path

IndiGo promoter dispute: 'Paan ki dukaan' has done well, says Bhatia

Bhatia said there was no abuse of rights, and Gangwal's proposal for convening an EGM was rejected on the basis of a legal opinion obtained by the board

IndiGo promoters' war: Can work with Bhatia if system fixed, says Gangwal

Gangwal and Bhatia founded IndiGo in 2005 and together hold 75 per cent in the company

'Paan ki dukaan doing well': Bhatia group responds in IndiGo promoters feud

Asserting that "pan ki dukaan" (betel shop) has apparently done well, InterGlobe Enterprises said there was no abuse of rights

DGCA finds safety lapses by IndiGo, issues show cause notices to executives

DGCA had carried out the audit at the IndiGo office in Gurgaon on July 8 and July 9, sources told PTI

With founders quarreling in board room, IndiGo can't fly high in the sky

This is the time for IndiGo to be rewarding shareholders by consolidating its leadership position and filling the gap left by Jet

Co-promoter Gangwal wants expansion of IndiGo board, asks Sebi to intervene

The move is difficult to implement as it will need Rahul Bhatia's support

IndiGo is functioning, promoter issues not to hit airline ops: CEO to staff

He said the airline's mission, direction and growth strategy remains unchanged, and firmly in place

Sebi starts investigation into governance issues at InterGlobe Aviation

The market regulator has asked the company to give response to the allegations by July 19

SpiceJet stock may rise as IndiGo promoter dispute goes sour: Analysts

The troubles at IndiGo, however, are expected to help SpiceJet, as it remains the only listed stock for investors looking to play the growth of the airline sector, says an analyst

Related party transactions just 0.53% of InterGlobe turnover: Rahul Bhatia

Rahul Bhatia's group Wednesday said that all related party transactions with the company have been executed at arms length basis in ordinary course of business