{"id":469440,"date":"2022-02-19T11:30:07","date_gmt":"2022-02-19T06:00:07","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=469440"},"modified":"2022-02-19T11:30:07","modified_gmt":"2022-02-19T06:00:07","slug":"mid-air-turbulence-co-promoter-rakesh-gangwal-disembarks-from-indigo-board","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/mid-air-turbulence-co-promoter-rakesh-gangwal-disembarks-from-indigo-board\/","title":{"rendered":"Mid-air turbulence: Co-promoter Rakesh Gangwal disembarks from IndiGo board"},"content":{"rendered":"<p>In a surprise move, low-cost carrier IndiGo\u2019s co-promoter Rakesh Gangwal on Friday resigned with immediate effect from the board of directors of the parent firm, InterGlobe Aviation, where he served as a non-executive, non-independent director.<\/p>\n<p>While Gangwal in his letter to the board said that he would sell his entire holding in the airline over a period of five years, he also added that he may consider joining the board again as a member at a later stage. Industry analysts said that this shows that the fight between Gangwal and the other promoter Rahul Bhatia is far from over.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a surprise move, low-cost carrier IndiGo\u2019s co-promoter Rakesh Gangwal on Friday resigned with immediate effect from the board of directors of the parent firm, InterGlobe Aviation, where he served as a non-executive, non-independent director. While Gangwal in his letter to the board said that he would sell his entire holding in the airline over a period of five years, he also added that he may consider joining the board again as a member at a later stage. Industry analysts said that this shows that the fight between Gangwal and the other promoter Rahul Bhatia is far from over.<\/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":[196,130,138],"tags":[],"class_list":["post-469440","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\/469440","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=469440"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/469440\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=469440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=469440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=469440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}