IndiGo director asks US Court to revoke summonsAirline’s founder Rahul Bhatia and his IGE Group filed a petition in Maryland District Court against IndiGo’s independent director Anupam K...
25 Nov, 2019, 11.52 PM IST
IndiGo cofounder Rahul Bhatia takes partner Rakesh Gangwal to court in FloridaBhatia has filed the plea seeking information about Gangwal’s alleged breach of shareholders' agreement.
23 Oct, 2019, 09.35 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
Gangwal's fear Bhatia group could push questionable decisions does no credit to directors: DamodaranIn a letter to the board of InterGlobe Aviation on August 5, Gangwal said there are "serious unresolved issues" and that proposed changes t...
07 Aug, 2019, 05.30 PM IST
Can't vote for new resolution, until you prevent Rahul Bhatia from getting more powers: Rakesh Gangwal to IndiGo directorsThe issues flagged by Gangwal have led to a public, bitter feud between the two partners of IndiGo.
06 Aug, 2019, 03.54 PM IST
IndiGo co-promoter Rakesh Gangwal refutes reports of truce with Rahul BhatiaThe letter from Gangwal hits out at reports about a truce with co-promoter Rahul Bhatia.
06 Aug, 2019, 02.50 PM IST
Rakesh Gangwal’s ownership was more of sweat equity: InterGlobe Enterprises officialBhatia or IGE did not ask Gangwal to dilute some stake in the company, which could have been done.
29 Jul, 2019, 12.48 PM 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 to soon finalise policy for related-party transactionsThe talks between the two feuding camps were brokered by IndiGo chairman M Damodaran.
25 Jul, 2019, 06.44 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
Bhatia’s IGE denies it took any advantageIt said the value of related-party transactions amounted to Rs 150 crore for 2018-19.
11 Jul, 2019, 08.05 AM IST
IndiGo promoters’ feud takes serious turn; Gangwal seeks Sebi’s interventionGangwal in a letter to Sebi has alleged “collapsing corporate governance standards” at IndiGo.
10 Jul, 2019, 08.43 PM IST
InterGlobe's Bhatia refutes charges by Gangwal, says related party transactions just 0.53% of turnoverRakesh Gangwal in a letter to Sebi has raised many governance issues relating to certain RPTs.
10 Jul, 2019, 07.52 PM IST
Greater control with cofounder Rahul Bhatia may be behind tiff in IndiGo cockpitBhatia's InterGlobe Enterprises has the right to appoint key managerial personnel & enjoys operational control.
17 May, 2019, 08.13 AM IST