IndiGo director asks US Court to revoke summons
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.
Rakesh Gangwal has a history of being uncooperative: IndiGo co-founder Rahul Bhatia
Rahul Bhatia makes claim in fresh plea in US court to get...
Promoters' feud has 'zero impact' on IndiGo, says CEO
The differences between co-founders and co-promoters -- Rakesh Gangwal and Rahul Bhatia...
Gangwal seeks rejection of Bhatia plea in US court to get documents
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.
IndiGo cofounder Rahul Bhatia takes partner Rakesh Gangwal to court in Florida
Bhatia has filed the plea seeking information about Gangwal’s alleged breach of shareholders' agreement.
IndiGo promoters' feud: Rahul Bhatia files petitions seeking info in US
The differences between Bhatia and Gangwal came to the fore in July after Gangwal sought market regulator Sebi's intervention to address alleged corporate governance lapses at the company.
Rahul Bhatia takes IndiGo feud to US courts
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.
IndiGo promoter feud: Rahul Bhatia, IGE file for arbitration in London Court against Rakesh Gangwal
InterGlobe Aviation is the parent of IndiGo, the country's largest airline in terms of domestic market share.
InterGlobe Aviation board to meet on October 24 to consider Q2 results
InterGlobe Aviation is the parent of the country's largest airline IndiGo.
Analyst Calls: Jubilant FoodWorks, M&M, L&T, IndiGo
HSBC has maintained its buy rating for Larsen & Toubro with a target price of Rs 1,780.
IndiGo shares fall over 2% on arbitration proceedings
On the NSE, the scrip plummeted 2.13 per cent at Rs 1,830.
Rivals spreading a false narrative, says IndiGo Rakesh Gangwal
IndiGo cofounder stands by the issues he has taken up with Sebi, other regulatory authorities.
IndiGo board has approved new policy on related-party transactions: Rakesh Gangwal
Gangwal and his affiliates hold around 37 per cent stake in InterGlobe Aviation, while Bhatia's group owns nearly 38 per cent shareholding.
Rakesh Gangwal to back changes in IndiGo's AoA after concerns addressed
India’s biggest airline by market share currently has a board comprising 6 members. The proposal is to increase it to 10.
IndiGo: Could this get Rakesh Gangwal to patch up with Rahul Bhatia?
Gangwal is standing firm on three provisions that must be incorporated and they deal with related party transactions.
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