Page 62 - Indigo

IndiGo shares plunge to seven month low on dismal earnings

Citi cut its target price to Rs 1,240 from Rs 1,600, while Morgan Stanley trimmed it to Rs 1,205 from Rs 1,213

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

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

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 promoter dispute: Gangwal limited financial risks, says Bhatia camp

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

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

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

The IndiGo drama

Many theories are doing the rounds about the sudden leadership change at India's largest airline

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

Avenue Supermarts, IndiGo gain on inclusion in MSCI index

D-Mart has surged 6% to Rs 1,517, while IndiGo rallied 5% to Rs 1,249 on the BSE in intra-day trade.

At just 300 feet away, IndiGo &, IAF jets avert mid-air mishap over Chennai

IndiGo confirmed the incident, which is now being investigated by aviation regulator Directorate General of Civil Aviation (DGCA).

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

The golden rules of doubles

How the IndiGo founders deviated from the flight path

IndiGo promoter dispute: 'Paan ki dukaan' has done well, says Bhatia

Bhatia said there was no abuse of rights, and Gangwal's proposal for convening an EGM was rejected on the basis of a legal opinion obtained by the board

IndiGo promoters' war: Can work with Bhatia if system fixed, says Gangwal

Gangwal and Bhatia founded IndiGo in 2005 and together hold 75 per cent in the company

'Paan ki dukaan doing well': Bhatia group responds in IndiGo promoters feud

Asserting that "pan ki dukaan" (betel shop) has apparently done well, InterGlobe Enterprises said there was no abuse of rights

DGCA finds safety lapses by IndiGo, issues show cause notices to executives

DGCA had carried out the audit at the IndiGo office in Gurgaon on July 8 and July 9, sources told PTI

With founders quarreling in board room, IndiGo can't fly high in the sky

This is the time for IndiGo to be rewarding shareholders by consolidating its leadership position and filling the gap left by Jet

Co-promoter Gangwal wants expansion of IndiGo board, asks Sebi to intervene

The move is difficult to implement as it will need Rahul Bhatia's support

IndiGo is functioning, promoter issues not to hit airline ops: CEO to staff

He said the airline's mission, direction and growth strategy remains unchanged, and firmly in place