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Rakesh Gangwal
Business  /  Published 29.01.20

IndiGo meet turns stormy

The InterGlobe Aviation EGM turned into a stormy affair on Wednesday as the shareholders created a ruckus over Rakesh Gangwal’s absence even though he had pressed for the meeting to move a special r...
By Our Special Correspondent in New Delhi

Business  /  Published 03.01.20

Showdown signs at IndiGo

Rakesh Gangwal, the co-founder of budget carrier IndiGo, is seeking an amendment to its articles of association (AoA) that necessitates the promoters to seek each other’s permission while selling th...
By Our Special Correspondent in Mumbai

Business  /  Published 27.08.19

IndiGo truce on the rocks

IndiGo co-promoter Rakesh Gangwal skipped the airline’s much anticipated AGM in Gurgaon on Tuesday as the carrier got shrouded in greater uncertainty surrounding its governance standards.In his abse...
By Our Special Correspondent in New Delhi

Business  /  Published 24.07.19

IndiGo founders bury hatchet

IndiGo founders Rahul Bhatia and Rakesh Gangwal have called a truce on two critical issues — related party transactions (RPTs) and the composition of the company’s board.The six-member board of In...
By Our Special Correspondent in Mumbai

Business  /  Published 20.07.19

Signs of IndiGo truce

The board of InterGlobe Aviation on Saturday said it will seek shareholders’ approval at the next annual general meeting to expand the board to induct an independent woman director.Sources said the ...
By Our Special Correspondent in New Delhi

Business  /  Published 19.07.19

IndiGo mulls board rejig

The board of InterGlobe Aviation, the parent of IndiGo, on Friday discussed the possibility of inducting a women director on its board that would necessitate a change in the Articles of Association (A...
By Our Special Correspondent in New Delhi

Business  /  Published 18.07.19

Queries to IndiGo

The government has sought explanations from InterGlobe Aviation on the allegations of corporate governance lapses raised by co-founder and promoter Rakesh Gangwal. InterGlobe Aviation is the parent o...
By TT Bureau in New Delhi

Business  /  Published 14.07.19

Rahul Bhatia defends promoter pact

The Rahul Bhatia-group on Sunday fired a fresh salvo at Rakesh Gangwal, claiming the latter always limited his financial risks and was making insidious efforts to create an unseemly controversy about ...
By Our Special Correspondent in Mumbai

Business  /  Published 11.07.19

IndiGo dogfight over engine deal

The battle between Rakesh Gangwal and Rahul Bhatia, the two founders of IndiGo, has erupted over accusations of falling corporate governance standards at the airline — stemming principally from rela...
By Our Special Correspondent in Mumbai

Business  /  Published 18.05.19

IndiGo bid to allay concerns

There may be differences between IndiGo promoters Rakesh Gangwal and Rahul Bhatia on certain matters but the company has a great track record of resolving such matters and coming out ahead, the airlin...
By TT Bureau in New Delhi


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