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Page 3655 - Company News

Proxy advisor pulls up IndiGo promoters for poor board meeting attendance

While criticising warring IndiGo promoters Rahul Bhatia and Rakesh Gangwal for not attending board meets frequently, IiAS has also made a case for more independent directors on the board

Proxy advisor pulls up IndiGo promoters for poor board meeting attendance
Updated On : 18 Jul 2019 | 11:55 AM IST

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

Bhatia vs Gangwal: IndiGo headed for a stormy board meet on Friday
Updated On : 18 Jul 2019 | 11:53 AM IST

IndiGo promoter spat: Bhatia group says Gangwal limited his financial risks

Noting that Gangwal has much to answer, the Bhatia group wondered whether there is sanctity in agreements entered into by business people freely and at their own will

IndiGo promoter spat: Bhatia group says Gangwal limited his financial risks
Updated On : 18 Jul 2019 | 11:53 AM IST

How IndiGo board can resolve Rakesh Gangwal-Rahul Bhatia dispute

Experts put the onus on the InterGlobe board to help resolve the Gangwal-Bhatia dispute over governance, control

How IndiGo board can resolve Rakesh Gangwal-Rahul Bhatia dispute
Updated On : 18 Jul 2019 | 11:52 AM IST

Battle for IndiGo: What led to the bitter public spat between two promoters

The first of a two-part series throws light on the developments that led to the bitter public spat between the two promoters of India's largest airline

Battle for IndiGo: What led to the bitter public spat between two promoters
Updated On : 18 Jul 2019 | 11:52 AM IST

IndiGo promoters' spat: Board to question Rakesh Gangwal on July 19

The board will also take a decision on whether to call for an external audit of Gangwal's personal expenses

IndiGo promoters' spat: Board to question Rakesh Gangwal on July 19
Updated On : 18 Jul 2019 | 11:51 AM IST

IndiGo promoter dispute: Gangwal limited financial risks, says Bhatia camp

Rahul Bhatia claims he has played more significant role and undertaken financial risks

IndiGo promoter dispute: Gangwal limited financial risks, says Bhatia camp
Updated On : 18 Jul 2019 | 11:50 AM IST

Rahul Bhatia-owned InterGlobe says it underwrote IndiGo's financial risk

A dispute between the founders of one of Asia's biggest budget carriers is deepening

Rahul Bhatia-owned InterGlobe says it underwrote IndiGo's financial risk
Updated On : 18 Jul 2019 | 11:49 AM IST

Battered & bruised: How mistrust led to feud between two IndiGo co-founders

While the relationship between the two partners had deteriorated since August 2018, one last attempt at reconciliation was made at a meeting held in the offices of Bhatia's lawyer on May 28 this year

Battered & bruised: How mistrust led to feud between two IndiGo co-founders
Updated On : 18 Jul 2019 | 11:49 AM IST

Sheraton looks to make its mark, within Marriott portfolio and outside

Often perceived by travellers as tired and dated, the world's largest hotel chain operator is getting a fresh and contemporary look

Sheraton looks to make its mark, within Marriott portfolio and outside
Updated On : 18 Jul 2019 | 11:16 AM IST

IndiGo wants to offer Wi-Fi in the sky; DoT to meet telecom operators soon

The DoT will create a separate category of such licences

IndiGo wants to offer Wi-Fi in the sky; DoT to meet telecom operators soon
Updated On : 18 Jul 2019 | 11:11 AM IST

MCA seeks IndiGo reply on governance lapse charges made by Gangwal

IndiGo, India's largest airline, is facing its worst crisis as co-promoters Rahul Bhatia and Rakesh Gangwal have levelled serious allegations against each other

MCA seeks IndiGo reply on governance lapse charges made by Gangwal
Updated On : 18 Jul 2019 | 11:10 AM IST

IndiGo promoters' war: No listing norm violation, Bhatia may tell Sebi

Gangwal had recently approached Sebi, raising concerns linked to lapses in corporate governance at IndiGo, blaming co-promoter Bhatia for the same

IndiGo promoters' war: No listing norm violation, Bhatia may tell Sebi
Updated On : 18 Jul 2019 | 11:09 AM IST

Proxy advisor pulls up IndiGo promoters for poor board meeting attendance

While criticising warring IndiGo promoters Rahul Bhatia and Rakesh Gangwal for not attending board meets frequently, IiAS has also made a case for more independent directors on the board

Proxy advisor pulls up IndiGo promoters for poor board meeting attendance
Updated On : 18 Jul 2019 | 11:02 AM IST

Nearly 30 new car, 20 two-wheeler launches lined up till March 2020

Rise of the millennial population, increasing disposable income and availability of innovative mobility solutions will drive the market

Nearly 30 new car, 20 two-wheeler launches lined up till March 2020
Updated On : 18 Jul 2019 | 9:17 AM IST

With eBay deal shopkeepers can source US, European products: Paytm founder

One97 Communications Founder Vijay Shekhar Sharma says Paytm Mall's focus has been to empower shopkeepers compared to other e-commerce players who are proxy retailers themselves

With eBay deal shopkeepers can source US, European products: Paytm founder
Updated On : 18 Jul 2019 | 7:09 AM IST

Advent International to increase number of deals, make bigger investments

Last month, Advent closed its largest global fund called "GPE IX" at $17.5 billion

Advent International to increase number of deals, make bigger investments
Updated On : 18 Jul 2019 | 6:45 AM IST

MakeMyTrip offers consolidated holiday packages to cash in on long weekends

MakeMyTrip has designed 400 packages covering 80-100 destinations, across different price points

MakeMyTrip offers consolidated holiday packages to cash in on long weekends
Updated On : 18 Jul 2019 | 6:39 AM IST

Turbine makers hit by regulatory issues, slow demand, Chinese imports

Foreign companies and imports from China are increasing footprint in India

Turbine makers hit by regulatory issues, slow demand, Chinese imports
Updated On : 18 Jul 2019 | 3:38 AM IST

Investigators may grill banks on closure of Jet Airways' forensic audit

SFIO is probing the Jet accounts for allegedly violating the Companies Act, while the ED is looking into the stake sale of the carrier's loyalty programme

Investigators may grill banks on closure of Jet Airways' forensic audit
Updated On : 18 Jul 2019 | 3:32 AM IST