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Total 91 results found. Search for [ indigo promoter ]

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BusinessToday.In
New Delhi, July 19, 2019
IndiGo Q1 results: Revenue from operations surged 44.7 per cent year-on-year to Rs 9,420.10 crore, driven by a 30.3 per cent increase in capacity compared with the year-ago period


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


BusinessToday.In
New Delhi, July 15, 2019
Chandrayaan-2: ISRO's second lunar mission called off 56 mins before launch due to technical glitchLess than an hour before lift off, India's second mission to Moon, Chandrayaan-2 onboard GSLVMkIII-M1 was Monday called off due to a technical snag, the Indian Space Research Organisation (ISRO) said.The countdown to the launch scheduled for 2.51 am was stopped 56 minutes and 24 seconds before lift off at 1.55 am following the announcement from the Mission Control Centre.Indian housi...


BusinessToday.In
New Delhi, July 14, 2019
Rakesh Gangwal had flagged questionable related-party transactions and corporate governance issues at InterGlobe Aviation and raised concerns over Bhatia's unusual controlling rights over IndiGo


BusinessToday.In
New Delhi, July 13, 2019
Aarti Sehwag further added that the accused influenced the creditors by taking her husband, former cricketer Virender Sehwag's name.


PTI
July 13, 2019
The promoters of the company -- Rakesh Gangwal and Rahul Bhatia -- are locked in a bitter battle over corporate governance issues, with Gangwal complaining to markets regulator Sebi and seeking its intervention to address the issues.


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


PTI
July 12, 2019



PTI
July 12, 2019



BusinessToday.In
New Delhi, July 11, 2019
Religare Enterprises has entered into a binding term sheet with TCG Advisory Services (TCG) for sale of its entire stake in its NBFC arm, RFL and RFL's subsidiary Religare Housing Development Finance Corporation


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
Boosted by the debt resolution plan, shares of Reliance Infrastructure jumped 10.98 per cent to close at Rs 51.05 apiece on the Bombay Stock Exchange


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
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
July 10, 2019



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


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