IndiGo: Could this get Rakesh Gangwal to patch up with Rahul Bhatia?
Gangwal is standing firm on three provisions that must be incorporated and they deal with related party transactions.
IndiGo founders differ on only 'one issue', says CEO Ronojoy Dutta
"There is one issue that they are debating right now and we hope to resolv...
Our growth strategy remains unchanged: IndiGo CEO after reported disagreement between promoters
The growth strategy of IndiGo remains unchang...
Trouble erupts in IndiGo cockpit over flight path
Clauses in shareholder pact may have led to rift. Legal cos helping founders resolve issues.
IndiGo promoters having issues: Sources
Sources add the differences started when Bhatia felt Gangwal was gaining greater control of the airline with a slew of recent top level appointments.
IndiGo chief planning officer Michael Swiatek quits
A spokesperson at India’s biggest airline by market share confirmed his resignation and added Friday was his last day at work.
Warren Buffett on US economy: Things have slowed down
Buffett has been on the hunt for an “elephant-sized acquisition” to spend some of his more than $100 billion cash pile.
Rakesh Gangwal won't sell IndiGo stake in feud with Rahul Bhatia
“I have no desire to sell my stake or raise my stake,”IndiGo's co-founder Rakesh Gangwal said.
Differences between promoters over terms of related party transaction: IndiGo
Rakesh Gangwal wants “higher standards” when the airline gets into related party transactions.
How does IndiGo continue to prosper despite troubled times?
Even for an inherently tricky industry, Indian aviation sticks out like a sore thumb due to its high cost structure and infrastructural bottlenecks.
Rakesh Gangwal & Rahul Bhatia: Men behind IndiGo’s blockbuster takeoff
The roots of InterGlobe Enterprises and its flight can be traced back to Delhi Express, a travel company run by Bhatia’s father Kapil Bhatia.
IndiGo promoters Rakesh Gangwal, Rahul Bhatia defend move to pay out dividend ahead of IPO
Analysts and investment advisors have been harshly critical about the move, especially since it left India’s most profitable airline with a negative net worth.
IndiGo, Tata Motors locked in court battle over trademark
Tata Motors issued notices on the Indigo name infringement in 2005 but Interglobe subsequently registered the trademark.
IndiGo finalizes $26.55 billion purchase of 250 new Airbus A320 Neo jets
At list prices, total order size equals $26.55 billion. However the actual deal value will likely be much less, thanks to high number of planes ordered.
IndiGo gets government approval to add 400 more planes by 2025
The plan to add 550 aircraft in a span of a decade, if implemented, will be the biggest-ever fleet induction in the history of Indian aviation.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service