Promoters’ feud has ‘zero impact’ on IndiGo: CEO

| | New Delhi
  • 0

Promoters’ feud has ‘zero impact’ on IndiGo: CEO

Friday, 15 November 2019 | PTI | New Delhi

Amid ongoing feud between the airline’s promoters, IndiGo CEO Ronojoy Dutta on Thursday said there is “zero impact” on the carrier right now as they are on the same page over the airline’s strategic direction.

Differences between co-founders and co-promoters — Rakesh Gangwal and Rahul Bhatia — came to fore in July after Gangwal sought market regulator Sebi’s intervention to address alleged corporate governance lapses at the company. They are promoters of InterGlobe Aviation which operates IndiGo, country’s largest airline in terms of domestic market share. About feud, Dutta said as far as the airline is concerned, it was only directly involved in Related Party Transactions.               

Sunday Edition

Astroturf | Reinvent yourself during Navaratra

14 April 2024 | Bharat Bhushan Padmadeo | Agenda

A DAY AWAITED FOR FIVE CENTURIES

14 April 2024 | Biswajeet Banerjee | Agenda

Navratri | A Festival of Tradition, Innovation, and Wellness

14 April 2024 | Divya Bhatia | Agenda

Spiritual food

14 April 2024 | Pioneer | Agenda

Healthier shift in Navratri cuisine

14 April 2024 | Pioneer | Agenda

SHUBHO NOBO BORSHO

14 April 2024 | Shobori Ganguli | Agenda