Rakesh Gangwal sells 5.8% stake in InterGlobe Aviation for Rs 6,786 croreGangwal, the co-founder of India’s largest carrier, had said that he would gradually reduce the holdings in the company after stepping down...
11 Mar, 2024, 07.00 PM IST
Rakesh Gangwal doesn’t have the remotest interest in SpiceJet: BankersA banker with close ties to Rakesh Gangwal, one of the co-founders of IndiGo, has stated that Gangwal has no plans to make an investment in...
14 Oct, 2023, 07.49 PM IST
Rakesh Gangwal & Rahul Bhatia: How two friends built India's most successful airline and then split waysThe co-founder of IndiGo, Rakesh Gangwal, has reportedly sold shares worth $450m, indicating a possible exit from the company he helped cre...
16 Aug, 2023, 06.46 PM IST
Gangwal family to sell a portion of IndiGo's stake worth $450 million via block deal on WednesdayIndigo Airlines' promoters, the Gangwal family, are selling $450 million worth of shares in a block deal through bankers Morgan Stanley, JP...
16 Aug, 2023, 09.19 AM IST
Rakesh Gangwal has a history of being uncooperative: IndiGo co-founder Rahul BhatiaRahul Bhatia makes claim in fresh plea in US court to get documents from partner Gangwal.
18 Nov, 2019, 09.33 AM IST
Rahul Bhatia takes IndiGo feud to US courtsThe feud between IndiGo founders, Rahul Bhatia and Rakesh Gangwal has now reached US courts where the former is seeking a legal order from ...
18 Oct, 2019, 10.30 AM IST
Need systems to prevent Interglobe Enterprise from getting more authority: Rakesh GangwalIn a letter to chairman, Gangwal also alleged that the chairman is siding with IGE.
09 Aug, 2019, 08.07 AM IST
IndiGo looking for first independent woman directorThe carrier has approached Indra Nooyi, Neelam Dhawan, Isher Judge Ahluwalia, Naina Lal Kidwai, Vinita Bali.
27 Jul, 2019, 06.37 AM IST
Interglobe Enterprises dismisses ‘whistleblower plaints’ as just a smokescreenWas there really any whistleblower plaint or not? Gangwal insists there was one, while Bhatia camp denies it.
25 Jul, 2019, 11.06 AM IST
IndiGo board to question Gangwal on talks with Pratt & WhitneyRakesh Gangwal to face the IndiGo board over 'exclusive parleys' with engine maker Pratt & Whitney (PW).
15 Jul, 2019, 08.19 AM IST
IndiGo promoter spat: Bhatia group says Gangwal limited his financial risksInterGlobe Enterprises (IGE) Group has issued three statements in less than a week seeking to clarify issues and reject the allegations by ...
14 Jul, 2019, 05.05 PM IST
Related-party deals probed by inhouse panel: IGEThe IGE Group said, "Paan ki dukaan is well run and managed by a competent set of managers".
13 Jul, 2019, 08.47 AM IST
Nation can ill afford IndiGo faltering: Rakesh Gangwal, IndiGo co-founderRakesh Gangwal, IndiGo cofounder, is determined to root out poor corporate governance at InterGlobe Aviation.
11 Jul, 2019, 11.05 AM IST
Details of IndiGo row out: Here's what led to this unprecedented dogfightDifferences between the promoters of the country's largest airline IndiGo came into public on Tuesday.
10 Jul, 2019, 08.53 PM IST
Sebi seeks details from IndiGo on promoter complaintsGangwal listed out certain serious concerns regarding governance matters at IndiGo.
09 Jul, 2019, 08.47 PM IST
Trouble erupts in IndiGo cockpit over flight pathClauses in shareholder pact may have led to rift. Legal cos helping founders resolve issues.
16 May, 2019, 03.31 PM IST
Interested only in international biz of Air India: IndiGoIndiGo is different because of its massive domestic feed, which is 40 per cent, and is a "big plus."
07 Jul, 2017, 09.52 AM IST