Top business headlines: Truce at Indigo, big bureaucratic reshuffle & more

From Indigo promoters reaching compromise to government approving Rs 3,050-cr fine on Airtel and Vodafone Idea, here are top 10 events and developments that made news on Wednesday

IndiGo promoters Bhatia, Gangwal reach compromise as Chairman brokers peace

An uneasy truce has been brokered between the promoters of the country’s largest Indian airline, IndiGo. Rahul Bhatia and Rakesh Gangwal, who together hold a 75 per cent stake in the company, have agreed on a board structure that gives higher representation to Bhatia’s InterGlobe Enterprises. Read more

Finance Secy S C Garg moved to Power, Atanu Chakraborty gets Eco Affairs

The Modi government on Wednesday transferred Finance Secretary Subhash Chandra Garg to the power ministry while appointing Atanu Chakraborty as economic affairs secretary. He was in