Rakesh Gangwal, co-founder of IndiGo, likely sold 6.7% equity worth over Rs 7,000 crore in a block deal. IndiGo reported Q3 net profit of R...

The family of InterGlobe Aviation's co-founder Rakesh Gangwal is reportedly considering selling between 5% and 8% of their stake in the Ind...

The medical sciences and technology school will incorporate engineering research in the medical sciences field and requires ₹600 crore as i...

The EGM has been called to amend the AoA, which, among other things, say that if one promoter decides to sell his shares, the other has the...

The government, since May 2020, has been regulating capacity as well as fares in the domestic sector. It had allowed airlines to increase i...

Bhatia has moved the London Court of International Arbitration (LCIA) in New Delhi on October 1 in his allegations of Gangwal’s breach of t...

Bhatia has filed the plea seeking information about Gangwal’s alleged breach of shareholders' agreement.

The issues flagged by Gangwal have led to a public, bitter feud between the two partners of IndiGo.

The letter from Gangwal hits out at reports about a truce with co-promoter Rahul Bhatia.

he annual shareholders' meet also comes at a time when IndiGo promoters are locked in a bitter battle.

A prolonged tussle between founders is threatening to derail IndiGo- one of world’s most successful airlines.

Both had been approached by Gangwal, who had flagged several issues of corporate governance within the company.

The IGE Group said, "Paan ki dukaan is well run and managed by a competent set of managers".

Gangwal in a letter to Sebi has alleged “collapsing corporate governance standards” at IndiGo.

An aviation veteran, Dutta was with United Airlines for 17 years and remained its president between 1999 and 2002.

IndiGo posted its first loss in the July quarter. It will shortly announce earnings for December.

The five Indian-Americans are Romesh Wadhwani, Neerja Desai, Rakesh Gangwal, John Kapoor and Kavitark Ram Shriram