Search Results for: IndiGo

Over 100 dead as floods wreak havoc in Kerala, Karnataka and Maharashtra

Union Home Minister Amit Shah will conduct an aerial survey of the flood-affected areas of Belagavi district in Karnataka on Sunday.

Aug 11, 2019

Kashmir terror alert: Pakistan planning BAT operation in Valley, says Intel

The Jammu and Kashmir government's notice to the Amarnath pilgrims and the tourists has created 'chaos and panic' in the Valley.

Aug 3, 2019

Government intervenes to save IndiGo from Jet Airways-like crash landing

All you wanted to know about the trouble in India's biggest airline IndiGo

As largest shareholder Rahul Bhatia is consolidating his hold over the country's largest airline IndiGo, here are the details of his tiff with the second largest shareholder Rakesh Gangwal

Jul 29, 2019

Truce on cards: IndiGo co-promoters signal to bury differences

As per the agreement, Rakesh Gangwal will have the power to nominate one board member as against Rahul Bhatia who can nominate five board members

Jul 24, 2019

Toned-down rhetoric of Bhatia, Gangwal may give wings to IndiGo patch-up bid

IndiGo shares were buoyed by the smooth conduct of the board meeting and rose Rs 65 or 4.44 percent from Friday's close of Rs 1,462 to close on Tuesday at Rs 1,527.

Jul 23, 2019

Indigo to add four more members to board, including a woman

The decision was taken in the backdrop of a drift between the company's co-promoters Rakesh Gangwal and Rahul Bhatia over corporate governance issues.

Jul 22, 2019

Will PM Modi's intervention save IndiGo from crash-landing like Jet?

Rahul Bhatia controls nearly 38 percent stake in the airline against Rakesh Gangwal's 37 percent. Bhatia also holds special rights, including the prerogative of appointing three out of six directors.

Jul 17, 2019

IndiGo promoters' differences threaten services

IndiGo rift set to worsen as Bhatia camp plans to grill Gangwal on engine talks

Board members to seek more information from Gangwal on his 'exclusive parleys' with engine maker Pratt & Whitney before IndiGo signed $20-billion deal for engines with rival CFM.

Jul 15, 2019

More turbulence ahead for IndiGo as spat between the co-founders worsens

Rahul Bhatia replies to Rakesh Gangwal's allegations claiming related party transactions done by the airline company with his group of companies were in order.

Jul 13, 2019

Who are Rahul Bhatia and Rakesh Gangwal? Here's all about the IndiGo promoters

Rakesh Gangwal has accused Rahul Bhatia of using unusual controlling rights in the company.

Jul 11, 2019

Will IndiGo tread Jet's path as promoters clash over governance?

Differences between Gangwal and Bhatia have reached a stage where they could affect the day-to-day operations of India's largest airline; Sebi forced to intervene

Jul 10, 2019

Oyo segregating its hotel business to 3 major verticals

The Indian business vertical has been growing after the appointment of Aditya Ghosh, the former Indigo president, as the CEO.

Jul 8, 2019

World Airline Awards 2019: Indigo voted 8th among world's best low-cost airlines

Qatar Airways bags the Best Airline Awards for the fifth time.

Jun 20, 2019

Bankruptcy-bound Jet staff stare at mid-career domain switch fearing jobless tag

Many of the defunct airline's staff are under pressure to switch domains though some have managed to hop on to other airlines.

Jun 19, 2019

The Air India plane flying the inaugural trip from Lucknow,

Air India divestment: Will Modi 2.0 get second time lucky with 100% stake sale?

The Narendra Modi government is taking up unfinished business on a priority basis and Air India privatisation is top on the agenda.

Jun 5, 2019

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