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Total 28 results found. Search for [ indigo promoters spat ]

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Goutam Das
New Delhi, July 19, 2019
IndiaMART InterMESH's IPO was oversubscribed 36 times and its stock closed 34 per cent higher on the debut day of July 4. This has led to a lot of optimism among the venture capital community and start-ups


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 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.


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
New Delhi, July 11, 2019
Two US-based buyout firms as well as a local private equity fund who were in talks to buy Burger King India have backed out for their inability to match the expected price.


BusinessToday.In
New Delhi, July 11, 2019
The share price of InterGlobe Aviation, IndiGo's parent firm, dived over 17 per cent on Wednesday, a day after Gangwal complained about serious corporate governance lapses at the company


BusinessToday.In
New Delhi, July 11, 2019
Govt identifies ONGC, NTPC, GAIL as options for giving up direct controlHaving set the highest-ever disinvestment target of Rs 1.05-lakh crore for the current fiscal, the Modi government is not only looking at selling assets of healthy as well as sick Central Public Sector Enterprises (CPSEs), but also strategic disinvestment in profitable state-run behemoths. The government has identified the biggest energy companies such as Oil & Natural Gas Corp, Indian Oil Corp, NTPC Ltd a...


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


BusinessToday.In
New Delhi, July 10, 2019
Jaypee homebuyers matter: Supreme Court asks Centre to come out with uniform proposal, IndiGo promoters' spat out in open, India, China bilateral trade declines by 3.59% in first 5 months of this year and other news on News Blast


PTI
July 10, 2019



BusinessToday.In
New Delhi, July 10, 2019
Retail inflation likely reached an 8-month high in June: ReportIndia's retail inflation likely reached an eight-month high in June on rising food prices, but stayed under the Reserve Bank of India's medium-term target of 4% for an eleventh straight month, a Reuters poll predicted. Another reading below the inflation target will likely support the RBI's decision last month to cut interest rates to boost economic growth that slowed to more than a four-year low in the January-March q...


BusinessToday.In
July 10, 2019
InterGlobe Aviation stock has formed a gap down chart pattern today and trades below its 30 and 50-day simple moving averages. The share price of InterGlobe Aviation has fallen 17 % in one month and 13% in last week.


BusinessToday.In
New Delhi, July 10, 2019
Bhatia's wrote this letter to the IndiGo board and the company secretary on June 12 after Gangwal had sought to convene an extraordinary general meeting of the company


BusinessToday.In
New Delhi, July 10, 2019
Gangwal flags serious corporate governance lapses at the company and says even a 'paan ki dukaan' (betel shop) would have managed matters with more grace


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