IndiGo’s Rakesh Gangwal flags governance lapses

Mumbai: As part of its investigation into the IndiGo Airlines affairs, markets regulator Sebi has sought details from the airline’s parent firm InterGlobe Aviation regarding a complaint filed by co-founder Rakesh Gangwal alleging irregularities in the running of the firm. Gangwal, who founded the airline with Rahul Bhatia, has sought Sebi’s intervention in addressing his […]

‘Paan ki dukaan managed better’: IndiGo promoters’ spat out in open

New Delhi: Differences between the promoters of the country’s largest airline IndiGo came into public on Tuesday with Rakesh Gangwal alleging serious governance lapses by co-founder Rahul Bhatia who had earlier termed his demands as unreasonable. With the issues brewing for nearly a year, Gangwal has sought markets regulator Sebi’s intervention to address the problems.