{"id":301044,"date":"2019-11-15T12:21:35","date_gmt":"2019-11-15T06:51:35","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=301044"},"modified":"2019-11-15T12:21:35","modified_gmt":"2019-11-15T06:51:35","slug":"promoters-feud-has-zero-impact-on-indigo-says-ceo","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/promoters-feud-has-zero-impact-on-indigo-says-ceo\/","title":{"rendered":"Promoters&#8217; feud has &#8216;zero impact&#8217; on IndiGo, says CEO"},"content":{"rendered":"<p>NEW DELHI: Amid ongoing feud between the airline&#8217;s promoters, IndiGoNSE -2.83 % CEO Ronojoy Dutta on Thursday said there is &#8220;zero impact&#8221; on the carrier right now as they are on the same page over the airline&#8217;s strategic direction.<\/p>\n<p>The differences between co-founders and co-promoters &#8212; Rakesh Gangwal and Rahul Bhatia &#8212; came to the fore in July after Gangwal sought market regulator Sebi&#8217;s intervention to address alleged corporate governance lapses at the company.<\/p>\n<p>They are the promoters of InterGlobe Aviation which operates IndiGo, the country&#8217;s largest airline in terms of domestic market share.<\/p>\n<p>About the feud, Dutta said as far as the airline is concerned, it was only directly involved in the Related Party Transactions (RPTs).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Amid ongoing feud between the airline&#8217;s promoters, IndiGoNSE -2.83 % CEO Ronojoy Dutta on Thursday said there is &#8220;zero impact&#8221; on the carrier right now as they are on the same page over the airline&#8217;s strategic direction. The differences between co-founders and co-promoters &#8212; Rakesh Gangwal and Rahul Bhatia &#8212; came to the fore in July after Gangwal sought market regulator Sebi&#8217;s intervention to address alleged corporate governance lapses at the company. They are the promoters of InterGlobe Aviation which operates IndiGo, the country&#8217;s largest airline in terms of domestic market share. About the feud, Dutta said as [&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":[192,130,136],"tags":[],"class_list":["post-301044","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\/301044","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=301044"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/301044\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=301044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=301044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=301044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}