Page 32 - Latest Updates on IndiGo Airlines

Bhatia vs Gangwal: IndiGo promoters line up for meeting Sebi's Ajay Tyagi

Sebi has been probing the matter since the differences between the two promoters surfaced recently over certain related-party transactions

Gangwal's fear over Bhatia's group does no credit to directors: Damodaran

The differences between the two promoters came into the public view after Gangwal, last month, sought markets regulator Sebi's intervention to address alleged corporate governance issues at the firm

IndiGo spat resurfaces, Gangwal says he won't vote to expand board

Gangwal, his family and his family trust together own about 37% of the shares in the airline

Don't hide behind 'unnamed sources', says Gangwal as IndiGo row continues

Gangwal and Rahul Bhatia -- promoters of the country's largest airline IndiGo -- are locked in a bitter battle over alleged corporate governance lapses

In fight for IndiGo, Bhatia appears to have pushed out partner Gangwal

Gangwal's decisions are being overturned as partner Rahul Bhatia tries to make IndiGo his own

IndiGo Airlines wants to bid for grounded Jet Airways' assets and slots

Jet assets include three B737 planes, 49.9% stake in Jet Privilege, and slots across domestic and international airports

IndiGo chairman brokers truce between Gangwal and Bhatia: Reports

The board of InterGlobe Aviation has approved a new policy on related party transactions

IndiGo board approves new policy on related party transactions: Report

Sources said the policy on related party transactions (RPTs) was approved by the board unanimously

IndiGo to expand board to 10 directors, promoters yet to make peace

IndiGo's promoters, Rahul Bhatia and Rakesh Gangwal, have publicly fallen out after Gangwal wrote to Sebi alleging lack of corporate governance in the company

IndiGo to seek shareholder approval for induction of woman director

Former Pepsico CEO Indra Nooyi, former HP India head Neelam Dhawan said to have been approached

IndiGo to seek shareholders' approval for board expansion at upcoming AGM

The board's size will be expanded to 12 directors from the current six once the shareholders' approval is obtained

IndiGo reports highest profit, board meet continues amid promoters' tussle

In a departure from the regular practice, the company's board meeting has been stretched to two days

IndiGo posts PAT of Rs 1,203 crore for Q1, revenue jumps 45% YoY

The profit beat analysts' expectations, who had estimated a profit between Rs 608 crore and Rs 859 crore.

Passengers' safety wasn't at risk: IndiGo, SpiceJet after mishap averted

Aircrafts of both the airlines came face-to-face on the runway at IGI airport

Near-miss between IndiGo and SpiceJet at IGI due to ATC lapse: Govt

According to sources, the SpiceJet plane was awaiting ATC clearance for take off for over 90 minutes

Airlines stocks trade weak; InterGlobe Aviation down 4%

InterGlobe Aviation, SpiceJet and Jet Airways were trading lower in the range of 1% to 4% on the BSE.

IndiGo Q1 preview: Jet Airways' closure, oil price fall to drive earnings

Markets await more clarity on Gangwal-Bhatia spat and hope for an early resolution.

From IndiGo board meet to RIL results, here are the top events of the day

The CPSE ETF FFO will be open for retail subscription on Friday. The Centre is looking to mobilise up to Rs 10,000 crore through the latest FFO

EY finds no major lapses in IndiGo dealings after Gangwal points finger

Audit done after co-promoter Gangwal questioned related-party transactions

Govt seeks explanation from IndiGo on issues raised by Rakesh Gangwal

The government has sought explanations from InterGlobe Aviation on allegations of corporate governance lapses raised by co-founder and promoter Rakesh Gangwal. In a filing to the stock exchanges, the company on Thursday said it received a communication on Wednesday from the Ministry of Corporate Affairs (MCA) regarding the complaint. The Registrar of Companies (RoC), National Capital Territory of Delhi & Haryana has sought "certain information/explanations" in relation to Gangwal's complaint. "The company will respond to MCA within the prescribed period," the filing said. Explanations have been sought under Section 206(4) of the Companies Act, 2013. Section 26 provides powers for the ministry to call for information, inspect books and conduct inquiries. The ministry's communication comes less than 10 days after Gangwal flagged concerns about corporate governance lapses at InterGlobe Aviation, especially certain related party transactions entered into by co-founder Rahul Bhatia's