{"id":469409,"date":"2022-02-19T10:32:06","date_gmt":"2022-02-19T05:02:06","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=469409"},"modified":"2022-02-19T11:20:24","modified_gmt":"2022-02-19T05:50:24","slug":"rakesh-gangwal-quits-as-indigo-director","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rakesh-gangwal-quits-as-indigo-director\/","title":{"rendered":"Rakesh Gangwal quits as IndiGo director"},"content":{"rendered":"<p>Rakesh Gangwal, the co-founder of IndiGo parent InterGlobe Aviation, on Friday resigned as a director from the company and announced his intention to pare his holding over the next five years \u2014 thereby handing over the baton to Rahul Bhatia.<\/p>\n<p>His move comes a fortnight after co-promoter Bhatia was appointed as the managing director of the airline for five years. <\/p>\n<p>Bhatia and Gangwal were engaged in a bitter feud over the operations of the airline for more than two years that drew to a close in December 2021 when the shareholders voted to remove the restrictions on the transfer of the duo\u2019s shares to a third party.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rakesh Gangwal, the co-founder of IndiGo parent InterGlobe Aviation, on Friday resigned as a director from the company and announced his intention to pare his holding over the next five years \u2014 thereby handing over the baton to Rahul Bhatia. His move comes a fortnight after co-promoter Bhatia was appointed as the managing director of the airline for five years. Bhatia and Gangwal were engaged in a bitter feud over the operations of the airline for more than two years that drew to a close in December 2021 when the shareholders voted to remove the restrictions on the transfer of [&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":[216,130,148],"tags":[],"class_list":["post-469409","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-telegraph","category-newspapers","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/469409","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=469409"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/469409\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=469409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=469409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=469409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}