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Bhatia vs Gangwal: IndiGo headed for a stormy board meet on Friday

Rahul Bhatia and Rakesh Gangwal - the founders of IndiGo - will possibly face each other with deep mistrust, which the board chairman, M Damodaran, will attempt to defuse

Illustration by Ajay Mohanty
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Illustration by Ajay Mohanty

Arindam Majumder New Delhi
In normal circumstances, the meeting on July 19 would have been a happy rendezvous between the architects of IndiGo. The country’s most profitable airline is expected to register its highest profit—more than Rs 1,000 crore. 

But on Friday, Rahul Bhatia and Rakesh Gangwal — the founders of IndiGo — will possibly face each other with deep mistrust, which the board chairman, M Damodaran, will attempt to defuse.

Damodaran has proposed to include at least two of the proposed demands made by Gangwal, according to a source in the know. The IndiGo board meeting is likely to take up the proposal