{"id":281652,"date":"2019-07-11T06:42:53","date_gmt":"2019-07-11T06:42:53","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=281652"},"modified":"2019-07-11T06:42:53","modified_gmt":"2019-07-11T06:42:53","slug":"related-deals-done-at-arms-length-rahul-bhatia","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/related-deals-done-at-arms-length-rahul-bhatia\/","title":{"rendered":"Related deals done at arms length: Rahul Bhatia"},"content":{"rendered":"<p>Chennai: The related party transactions (RPTs) between InterGlobe Aviation (IGAL) and InterGlobe Enterprises (IGE), the main bone of contention between IndiGo\u2019s co-promoters Rakesh Gangwal and Rahul Bhatia, were 0.53 per cent of IGAL\u2019s consolidated turnover for FY19.<\/p>\n<p>A release from IGE, the holding company of Rahul Bhatia&#8217;s businesses, said the total amount earned through these RPTs, which were in real estate, simulation training, General Sales Agreement (commission+ rent) and crew accommodation was Rs 118.96 crore in FY18, which is 0.50 per cent of IGAL\u2019s consolidated turnover.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chennai: The related party transactions (RPTs) between InterGlobe Aviation (IGAL) and InterGlobe Enterprises (IGE), the main bone of contention between IndiGo\u2019s co-promoters Rakesh Gangwal and Rahul Bhatia, were 0.53 per cent of IGAL\u2019s consolidated turnover for FY19. A release from IGE, the holding company of Rahul Bhatia&#8217;s businesses, said the total amount earned through these RPTs, which were in real estate, simulation training, General Sales Agreement (commission+ rent) and crew accommodation was Rs 118.96 crore in FY18, which is 0.50 per cent of IGAL\u2019s consolidated turnover.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-281652","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/281652","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=281652"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/281652\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=281652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=281652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=281652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}