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Total 25 results found. Search for [ indigo promoter spat ]

Results 1 to 21 of 25
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
New Delhi, January 3, 2020
As per provisions in the Companies Act, 2013, the RG Group, which comprises Rakesh Gangwal, Shobha Gangwal and The Chinkerpoo Family Trust, holds 36.64 per cent stake in InterGlobe Aviation, which empowers them to seeks an EGM


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 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
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


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
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


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 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.


PTI
July 10, 2019



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