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Total 38 results found. Search for [ co-promoter Rakesh Gangwal ]

Results 1 to 21 of 38
PTI
November 7, 2019



Manu Kaushik
New Delhi, October 30, 2019
Even though Gangwal stands on thin ice if the powers entrusted in the shareholders' agreement are considered; Bhatia has much more to lose if this matter escalates further


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


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


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.


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


BusinessToday.In
September 3, 2019
IndiGo CEO Ronojoy Dutta informed employees in an email on Monday that the contentious issues between the co-promoters Rahul Bhatia and Rakesh Gangwal have been settled in last week's board meeting post the AGM


BusinessToday.In
August 31, 2019
Aditya Pande who is a qualified chartered accountant comes with an over 27 years of experience in finance leadership.


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 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


PTI
August 27, 2019



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.


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?


BusinessToday.In
New Delhi, July 19, 2019
Mukesh Ambani's Reliance Brands completes 100% acquisition of HamleysA day ahead of its June quarter earnings, Mukesh Ambani-led Reliance Industries said that it has completed the acquisition of British toy retailer Hamleys for about Rs 620 crore (GBP 67.96 million) in an all-cash deal. In May this year, Reliance Brands, a subsidiary of Reliance Industries, had signed an agreement to acquire 100 per cent stake in iconic toymaker Hamleys from Chinese fashion conglomerate C Banner International...


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


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


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


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