{"id":283124,"date":"2019-07-19T04:48:35","date_gmt":"2019-07-19T04:48:35","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=283124"},"modified":"2019-07-19T04:53:38","modified_gmt":"2019-07-19T04:53:38","slug":"indigo-q1-preview-jet-airways-closure-oil-price-fall-to-drive-earnings","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-q1-preview-jet-airways-closure-oil-price-fall-to-drive-earnings\/","title":{"rendered":"IndiGo Q1 preview: Jet Airways&#8217; closure, oil price fall to drive earnings"},"content":{"rendered":"<p>When InterGlobe Aviation, the parent company that operates IndiGo, will announce the airline\u2019s April-June quarter result for fiscal year 2019-20 (Q1FY20) on July 19, investors would hope for more clarity, and perhaps a truce between two promoter groups \u2013 Rahul Bhatia and Rakesh Gangwal. <\/p>\n<p>The relations between the two promoter camps had gone sour recently over decision making and corporate governance issues. Gangwal has accused Bhatia of indulging in Related Party Transactions (RPT) in favour of InterGlobe Aviation Enterprise (owned by Bhatia). <\/p>\n<p>\u201cOverhang of the battle will remain\u2026 As we are not aware about the details of the agreement between the two, risks of government intervention have increased and one of them is likely to take legal course,\u201d says Gagan Dixit, Vice- President, institutional equities, Elara Capital.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When InterGlobe Aviation, the parent company that operates IndiGo, will announce the airline\u2019s April-June quarter result for fiscal year 2019-20 (Q1FY20) on July 19, investors would hope for more clarity, and perhaps a truce between two promoter groups \u2013 Rahul Bhatia and Rakesh Gangwal. The relations between the two promoter camps had gone sour recently over decision making and corporate governance issues. Gangwal has accused Bhatia of indulging in Related Party Transactions (RPT) in favour of InterGlobe Aviation Enterprise (owned by Bhatia). \u201cOverhang of the battle will remain\u2026 As we are not aware about the details of the agreement between [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-283124","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283124","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=283124"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283124\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=283124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=283124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=283124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}