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Total 18 results found. Search for [ Rakesh Gangwal's share in indigo ]

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Manu Kaushik
August 29, 2019
The statement has come as a surprise because Gangwal agreeing to a 10-member board (and not seven as he has proposed earlier) still leaves his previous issue unresolved


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


Manu Kaushik
New Delhi, August 5, 2019
Is the truce between the warring co-founders of IndiGo for real?


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


BusinessToday.In
New Delhi, July 19, 2019
Though most of these transactions were approved by the company's audit committee, in some cases, their approval was sought after carrying out transactions, stated the report


BusinessToday.In
New Delhi, July 12, 2019
Rahul Bhatia said that there was not any abuse of rights and Gangwal's proposal for convening an Extraordinary General Meeting (EGM) was rejected on the basis of a legal opinion obtained by IndiGo board


Manu Kaushik
July 11, 2019
The bitter fight between the two founders of IndiGo began in last October, when both sides started firing letters addressed to the company board accusing each other of mala fide intentions


BusinessToday.In
New Delhi, July 11, 2019
IndiGo co-founder Rakesh Gangwal has cited the board's rejection of his request for an Extraordinary General Meeting of shareholders as one of the examples of the collapsing corporate governance standards\" at the airline. Here's a look at the events that led him to knock on SEBI's door.


BusinessToday.In
New Delhi, July 11, 2019
In a letter to Sebi chairman Ajay Tyagi, Gangwal alleged several violations at IndiGo including breach of corporate governance regulations, code of conduct, and appointment of senior management personnel


BusinessToday.In
New Delhi, July 11, 2019
The share price of InterGlobe Aviation, IndiGo's parent firm, dived over 17 per cent on Wednesday, a day after Gangwal complained about serious corporate governance lapses at the company


BusinessToday.In
July 11, 2019
IndiGo row: RG Group which is controlled by InterGlobe Aviation co-founder Rakesh Gangwal did not support the board's decision to place such a large order with CFM.


PTI
New Delhi, July 10, 2019
Rakesh Gangwal, one of the promoters of IndiGo, on Tuesday alleged serious governance lapses by its co-founder Rahul Bhatia, who had earlier termed his demands as unreasonable


BusinessToday.In
July 10, 2019
InterGlobe Aviation stock has formed a gap down chart pattern today and trades below its 30 and 50-day simple moving averages. The share price of InterGlobe Aviation has fallen 17 % in one month and 13% in last week.


BusinessToday.In
New Delhi, July 10, 2019
Bhatia's wrote this letter to the IndiGo board and the company secretary on June 12 after Gangwal had sought to convene an extraordinary general meeting of the company


BusinessToday.In
New Delhi, July 10, 2019
Gangwal flags serious corporate governance lapses at the company and says even a 'paan ki dukaan' (betel shop) would have managed matters with more grace


Manu Kaushik
New Delhi, May 17, 2019
Crucial differences include pace of expansion, use of aircraft for overseas operations and recent management changes; it seems Gangwal's signature is written all over IndiGo's current strategy


BusinessToday.In
New Delhi, May 16, 2019
The tussle between the two has escalated with Bhatia unsure about Gangwal's aggressive approach to expanding overseas and his greater control over the airline after changes on key posts


BT Online Bureau
New Delhi, June 24, 2015
The stock sale is expected to value the airline at approximately Rs 25,200 crore.


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