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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.


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?


PTI
August 4, 2019



PTI
August 2, 2019



PTI
August 1, 2019



PTI
August 1, 2019



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 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


PTI
July 24, 2019



PTI
July 24, 2019



PTI
July 24, 2019



PTI
July 22, 2019



BusinessToday.In
July 18, 2019
A new report by Institutional Investor Advisory Firm (IiAS) claims that Rakesh Gangwal and Rahul Bhatia attended less than 40 per cent of the board meetings in FY16 and FY17, before improving their track record to 63 per cent in FY18. The proxy advisory firm has also made a case for expanding IndiGo's board.


BusinessToday.In
July 17, 2019
While the MCA wants IndiGo to respond point-by-point to the 10 issues raised by Rakesh Gangwal, SEBI has directed it to submit the EY report on related-party transactions as well as the shareholders' agreement


PTI
July 16, 2019



PTI
July 15, 2019



PTI
July 15, 2019



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


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