{"id":301080,"date":"2019-11-15T12:37:17","date_gmt":"2019-11-15T07:07:17","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=301080"},"modified":"2019-11-15T12:37:17","modified_gmt":"2019-11-15T07:07:17","slug":"indigo-ceo-says-promoters-feud-has-zero-impact-on-airlines","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-ceo-says-promoters-feud-has-zero-impact-on-airlines\/","title":{"rendered":"Indigo CEO says promoters\u2019 feud has \u2018zero impact\u2019 on airlines"},"content":{"rendered":"<p>Amid ongoing feud between the airline\u2019s promoters, IndiGo CEO Ronojoy Dutta on Thursday said there is \u201czero impact\u201d on the carrier right now as they are on the same page over the airline\u2019s strategic direction. The differences between co-founders and co-promoters \u2014 Rakesh Gangwal and Rahul Bhatia \u2014 came to the fore in July after Gangwal sought market regulator Sebi\u2019s intervention to address alleged corporate governance lapses at the company.<br \/>\nThey are the promoters of InterGlobe Aviation which operates IndiGo, the country\u2019s 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). \u201cThat has been resolved completely\u2026 Now that RPTs have been removed from the table, we have no more interest in this matter,\u201d he told PTI in an interview here.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amid ongoing feud between the airline\u2019s promoters, IndiGo CEO Ronojoy Dutta on Thursday said there is \u201czero impact\u201d on the carrier right now as they are on the same page over the airline\u2019s strategic direction. The differences between co-founders and co-promoters \u2014 Rakesh Gangwal and Rahul Bhatia \u2014 came to the fore in July after Gangwal sought market regulator Sebi\u2019s intervention to address alleged corporate governance lapses at the company. They are the promoters of InterGlobe Aviation which operates IndiGo, the country\u2019s largest airline in terms of domestic market share. About the feud, Dutta said as far as the airline [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[196,130,138],"tags":[],"class_list":["post-301080","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/301080","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=301080"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/301080\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=301080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=301080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=301080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}