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Total 33 results found. Search for [ indigo promoter news ]

Results 1 to 21 of 33
Manu Kaushik
October 21, 2020
Jet Airways will need $1 billion initial working capital, followed by $3 billion over the course of 5-7 years before the airline can break even; it needs to be seen whether the bidders can bankroll these expenses


BusinessToday.In
August 11, 2020
India Stock Market Highlights Today: Axis Bank, followed by Tata Steel, ICICI Bank, HDFC, PowerGrid, Tech Mahindra and SBI were among the top gainers. On the other hand, Titan, Sun Pharma, Bharti Airtel and Reliance Industries were among the laggards


Anand Adhikari
New Delhi, April 13, 2020
It's not surprising then that there has been a hue and cry ever since HDFC announced that People's Bank of China raised its 0.8 pc stake to over 1 pc, requiring a declaration to the stock exchanges


Reuters
April 7, 2020
Restaurateurs fear that business will not bounce back in a hurry and people will socialize less in crowded restaurants post lockdown


BusinessToday.In
January 29, 2020
InterGlobe Aviation, the parent company of IndiGo, had called an EGM on Wednesday to vote on a proposal to remove articles related to transfer and acquisition of the company's shares


BusinessToday.In
January 28, 2020
Share Market Update: M&M Financial, CG Power and Solutions, Tata Coffee, Cummins among others will be releasing their Q3 results today


BusinessToday.In
January 3, 2020
Share Market Update: Domestic indices followed global markets that erased early gains on Friday in wake of sharp spike in crude prices after a US strike eliminated a top Iranian commander.


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
New Delhi, September 4, 2019
Catch top stories today from the world of business and economics with BusinessToday.In end of day (EOD) report


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


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
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
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 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
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
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.


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