Bengaluru: Co-founder of the country’s biggest airline IndiGo, Rakesh Gangwal said reports that a truce had been brokered between him and another co-founder Rahul Bhatia over disagreements on corporate governance were “false and misleading.”
In a letter here dated Aug. 5, Gangwal told the board of IndiGo’s parent InterGlobe Aviation Ltd that issues between him and Bhatia remained unresolved.