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Total 27 results found. Search for [ indigo co-founders ]

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Manu Kaushik
August 10, 2019
Indigo promoters' spat: From the time the fight between promoters came out in the public domain last month, it was clear that the Gangwal camp, which has an almost identical shareholding in IndiGo as Bhatia camp, stands on thin ice.

Dipak Mondal
New Delhi, August 6, 2019
At the heart of the fight between co-founders of the IndiGo airlines are certain questionable Related Party Transactions or RPTs

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

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

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

New Delhi, July 16, 2019
During the same period in 2018, the airline had secured the total credit facility worth Rs 778 crore from Kotak Mahindra Bank and HSBC on MF investments and lien on its FDs

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

July 12, 2019
IndiGo row: The SEBI is probing if the management purposely misled the shareholders or it itself was ignorant of the exact level of differences between the two co-founders Rakesh Gangwal and Rahul Bhatia of IndiGo.

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

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.

July 11, 2019
InterGlobe Aviation share price fell up to 9% to 1,272 level in trade today. The airline share price closed 3.07% lower at 1,354 level in trade today.

July 10, 2019

May 17, 2019
Although the co-founders of the airline, Rahul Bhatia and Rakesh Gangwal, have a nearly equal stake in the airline, the shareholders' agreement in slanted in favour of the former. This, along with their divergent views on IndiGo's expansion, has caused the rift between the promoters

New Delhi, May 16, 2019
IndiGo CEO Ronojoy Dutta assures employees that the growth strategy of the airline is fully in place, and the management is fully charged by the board to implement it

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

Anand Adhikari
January 24, 2019
YES Bank has received RBI's approval for appointing Ravneet Singh Gill as the successor to founder and promoter Rana Kapoor as the Chairman and CEO.

April 6, 2018
\"From day one, IndiGo has expressed its interest primarily in the acquisition of Air India's international operation and Air India Express. However, that option is not available under the government's current disinvestment plan for Air India,\" said Aditya Ghosh, president and whole time director of the airline, in a statement.

BT Online
July 7, 2017
The owners of IndiGo, the only airline that has made a formal offer to acquire loss-making Air India, held an hour-long conference call on Thursday to calm the nerves of jittery investors.

Mumbai, September 24, 2015
\"Indian e-commerce has added its first billionaires with Flipkart's founders (Bansals) making debut on our rich list at number 86, with $1.3 billion net worth each,\" Forbes said.

Nidhi Singal
May 16, 2015
The earlier the Directorate General of Civil Aviation takes a call on the licensing nitty-gritty for drones, the merrier.

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