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[ InterGlobe Enterprises ]
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IndiGo promoters' spat: Gangwal says Bhatia's plea in US court redundant; violates LCIA clause
BusinessToday.In
New Delhi, November 11, 2019
Bhatia had last month filed a case against co-founder Rakesh Gangwal in a Florida district court, seeking information on the violation of the shareholders' agreement signed between them in April 2015
Have no interest in Air India, only IndiGo: Qatar Airways CEO
PTI
November 7, 2019
IndiGo promoters' spat: Bhatia drags Gangwal to Florida court; seeks info on breach of shareholders' pact
BusinessToday.In
New Delhi, October 23, 2019
Bhatia had filed another case against IndiGo Independent Director Anupam Khanna and Gangwal in a Maryland District Court in the US recently, alleging violation of the shareholders' agreement
IndiGo promoters' spat: Rahul Bhatia moves US courts against Rakesh Gangwal
BusinessToday.In
October 18, 2019
IndiGo promoters' spat: Bhatia has filed a lawsuit against Gangwal and Khanna in Florida and Maryland courts to seek information regarding shareholders' agreement between IndiGO, IGE Enterprises, the Bhatia family and Gangwal
IndiGo shares fall nearly 5% intraday as Rahul Bhatia moves for arbitration proceedings
BusinessToday.In
October 3, 2019
InterGlobe Aviation informed stock exchanges on Tuesday that Rahul Bhatia and his group InterGlobe Enterprises have submitted a request for arbitration on 1 October to the London Court of International Arbitration
IndiGo promoters' spat: Rahul Bhatia files arbitration request against Rakesh Gangwal in London court
BusinessToday.In
October 2, 2019
IndiGo promoters' spat: Gangwal had early this month once again written to SEBI urging action on governance issues raised by him against Bhatia.
IndiGo promoters' spat not over, Gangwal writes to Sebi urging action against team Bhatia
BusinessToday.In
New Delhi, September 4, 2019
IndiGo tells stock exchanges that Gangwal's August-30 letter seeks directions to IGE Group regarding amendments in Articles of Association, related-party transactions, non-independence of current chairman M Damodaram, among others
IndiGo promoters reach temporary truce, agree on policy changes
BusinessToday.In
August 27, 2019
Company's co-promoters Rakesh Gangwal and Rahul Bhatia have been engaged in a bitter tussle over the issues including corporate governance, questionable related party transactions and composition of the company's board
Hope Gangwal's action will speak louder than words: IndiGo co-promoter
PTI
August 27, 2019
IndiGo promoters' spat: Fireworks unlikely as Rakesh Gangwal decides to stay away from AGM
BusinessToday.In
New Delhi, August 27, 2019
Gangwal had earlier said he would not support the special resolution at InterGlobe Aviation's AGM until the company board passed resolutions to stop Bhatia-led Interglobe Enterprises from getting more powers and formulate new related-party transactions policy
IndiGo promoters' spat: Rakesh Gangwal says will support amends to Articles of Association for board expansion
BusinessToday.In
August 24, 2019
IndiGo promoters' spat: The board of directors of InterGlobe Aviation Ltd which runs IndiGo has given its approval to a new policy on related-party transaction (RPT) to increase the board size from 6 to 10 members.
IndiGo promoters' feud intensifies; Gangwal says there are 'serious unresolved issues'
PTI
August 7, 2019
In a deepening rift between InterGlobe Aviation promoters, Rakesh Gangwal has said there are \"serious unresolved issues\" and opposed expanding the board, just weeks ahead of the company's annual shareholders' meet.
IndiGo promoters spat: Rakesh Gangwal refutes reports of truce; stock plummets 5%
BusinessToday.In
August 6, 2019
In a strongly-worded letter to IndiGo's board, Rakesh Gangwal alleged that proposed 10-member board structure gives co-promoter Rahul Bhatia's IGE group additional powers that it does not have currently
Mid-Flight Turbulence
Manu Kaushik
New Delhi, August 5, 2019
Is the truce between the warring co-founders of IndiGo for real?
Signs of truce at IndiGo as promoters Bhatia, Gangwal agree on compromise formula
BusinessToday.In
July 25, 2019
IndiGo Chairman M. Damodaran, played a key role in brokering peace between the co-promoters and several key decisions on board structure and related party transactions have been hashed out at the recent board meeting
IndiGo gets approval for new policy on related party transactions, board expansion: Report
BusinessToday.In
New Delhi, July 24, 2019
As per the new policy, the airline would seek external advice for related party transactions worth over Rs 2 crore and the bidding process would be mandatory for any such contracts
IndiGo to put in place new policy on related party transactions
PTI
July 24, 2019
IndiGo to put in place new policy on related party transactions
PTI
July 24, 2019
IndiGo to put in place new policy on related party transactions
PTI
July 24, 2019
Govt seeks explanation from IndiGo on Rakesh Gangwal's complaint
PTI
New Delhi, July 19, 2019
The ministry's communication comes less than 10 days after Gangwal flagged concerns about corporate governance lapses at InterGlobe Aviation, especially certain related party transactions entered into by co-founder Rahul Bhatia's InterGlobe Enterprises (IGE) Group
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