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Total 30 results found. Search for [ indigo founders ]

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BusinessToday.In
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


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


BusinessToday.In
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


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
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.


PTI
July 10, 2019



BusinessToday.In
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


BusinessToday.In
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


PTI
May 16, 2019
Shares of InterGlobe Aviation Limited dropped nearly 8 per cent Thursday amid reports of an alleged rift between the promoters of IndiGo.


PTI
May 16, 2019



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


PTI
May 3, 2019



Sonal Khetarpal
New Delhi, April 29, 2019
CEOs are getting paid more than before. But is there a co-relation between pay and performance?


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.


BusinessToday.In
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.


PTI
New Delhi, July 7, 2017
No-frills airline IndiGo said it plans to start low-cost long haul international flights and is \"focused narrowly\" on buying Air India's overseas operations.


IANS
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.


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