{"id":289047,"date":"2019-08-28T05:28:54","date_gmt":"2019-08-28T05:28:54","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=289047"},"modified":"2019-08-28T05:28:54","modified_gmt":"2019-08-28T05:28:54","slug":"indigo-to-investors-related-party-deals-small-and-at-arms-length","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-to-investors-related-party-deals-small-and-at-arms-length\/","title":{"rendered":"IndiGo to investors: Related-party deals small, and at arm&#8217;s length"},"content":{"rendered":"<p>NEW DELHI: InterGlobe Aviation\u2019s management on Tuesday sought to assure shareholders that the issue of related-party transactions at the operator of IndiGoNSE 0.39 % airline wasn\u2019t as serious as it was made out to be by co-promoter Rakesh Gangwal. <\/p>\n<p>At the first annual general meeting (AGM) after the differences between the promoters, Rahul Bhatia and Gangwal, spilled over into the public domain, the management said related-party transactions constituted less than 1% of revenue and the company had maintained an arm\u2019s length on the deals. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: InterGlobe Aviation\u2019s management on Tuesday sought to assure shareholders that the issue of related-party transactions at the operator of IndiGoNSE 0.39 % airline wasn\u2019t as serious as it was made out to be by co-promoter Rakesh Gangwal. At the first annual general meeting (AGM) after the differences between the promoters, Rahul Bhatia and Gangwal, spilled over into the public domain, the management said related-party transactions constituted less than 1% of revenue and the company had maintained an arm\u2019s length on the deals.<\/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":[192,130,136],"tags":[],"class_list":["post-289047","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/289047","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=289047"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/289047\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=289047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=289047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=289047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}