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Jan 20, 2020, 03.25 AM IST



IndiGo co-founder calls for shareholders meet on Jan 29 to discuss AoA changes

In signs that promoters' feud are far from over, InterGlobe Av...

IndiGo's Rakesh Gangwal seeks to ease rules on shareholdings

Gangwal also wants to remove an article that prevents either of the co-founders ...

InterGlobe to hold shareholders meet on Jan 29

The differences between co-founders and co-promoters -- Rakesh Gangwal and Rahul Bhatia -- cam...

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  • Sales of cars and SUVs went into a free fall in 2019, witnessing the biggest decline in over two decades.

    In its Roseate House hotel in Aerocity, the luxury hospitality brand has earmarked 30,000 sq ft of space for offer to individuals and companies on requirement basis, Ankur Bhatia, Bird Group’s executive director, said.

    This is Dua's first angel investment after being appointed as the CII chairman.

    Bhatia has moved the London Court of International Arbitration (LCIA) in New Delhi on October 1 in his allegations of Gangwal’s breach of the contract.

    Rahul Bhatia makes claim in fresh plea in US court to get documents from partner Gangwal.

    The Etihad Airways VP-Indian Sub-continent loves London's shopping experience.

    Airline’s founder Rahul Bhatia and his IGE Group filed a petition in Maryland District Court against IndiGo’s independent director Anupam Khanna, accusing him of acting in concert with co-founder Gangwal, who Bhatia has legally accused of breaching the shareholders' agreement on IndiGo. Bhatia filed the case on the alleged breach of shareholders’ agreement.

    The feud between IndiGo founders, Rahul Bhatia and Rakesh Gangwal has now reached US courts where the former is seeking a legal order from a Maryland court to retrieve correspondence from IndiGo independent director Anupam Khanna.

    SBI Mutual Fund is a joint venture between State Bank of India and Amundi of France.

    The luxury hospitality brand, which started operations three years ago and currently owns and operates all its hotels, is also considering entering into new management contracts to expand further and plans to launch separate standalone outlets of its inhouse food brands.

    Delay in the issuance of refunds has been a sore point for exporters since the switchover to goods and services tax (GST) regime in July 2017. The new directive from the Central Board of Indirect Taxes and Customs (CBIC) follows assurance from finance minister Nirmala Sitharaman to the industry on easing of compliances.

    The differences between co-founders and co-promoters -- Rakesh Gangwal and Rahul Bhatia -- came to the fore in July after Gangwal sought market regulator Sebi's intervention to address alleged corporate governance lapses at the company. They are the promoters of InterGlobe Aviation which operates IndiGo, the country's largest airline in terms of domestic market share.

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