It has been scarcely a couple of months since the shuttering of Jet Airways, and now a fresh controversy is roiling the aviation industry.
Indigo Airlines, which succeeded Jet as the largest private player, is caught in an ugly spat between its promoters Rahul Bhatia and Rakesh Gangwal. The long-simmering conflict reached a crescendo on July 9 when Gangwal alleged serious governance lapses by Bhatia. Gangwal has now sought stock market regulator Sebi’s intervention. Sebi, in turn, has sought a response from InterGlobe Enterprises (IGE), the parent firm of IndiGo, even as its board will seek clarification from Gangwal on his allegations at its meeting on July 19. Gangwal, along with his affiliates, holds a 37 per cent stake in InterGlobe, while Bhatia, along with his affiliates (IGE Group), owns 38 per cent. The rest is held by the public.
Diese Geschichte stammt aus der July 29, 2019-Ausgabe von India Today.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der July 29, 2019-Ausgabe von India Today.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Who Will Win The Mahayuddh?
In Maharashtra's Most Complex Political War Ever, Shifting Alliances Fuel A Gripping Saga Of Power Struggles And Betrayals In The Pursuit Of Votes
Grand Young Master
Seventeen-yearold D. Gukesh has become the youngest player to win the Candidates chess tournament
SPORTING SPIRIT
BADMINTON PLAYER ASHWINI PONNAPPA, 34, IS OFF TO HER THIRD OLYMPICS, THIS TIME WITH A NEW PARTNER, TANISHA CRASTO
PORTRAITS OF A PEOPLE
Etchings by the colonial Flemish artist F. Baltazard Solvyns are getting a new lease of life in an exhibition at the Dr. Bhau Daji Lad Museum, Mumbai
Centennial Man
A seminal exhibition of K.G. Subramanyan's works in his birth centenary year at Emami Art, Kolkata takes an imaginative and immersive curatorial approach
Rhythms of Nature
ARTIST AND MUSIC COMPOSER GINGGER SHANKAR'S LATEST SINGLE COMBINES SOUTH INDIAN MUSIC WITH INUIT THROAT SINGING
SEARCHING FOR THE SOUND
Kashmiri musician Faheem Abdullah’s debut album Lost; Found is a collaborative effort
FOUND IN TRANSLATION
With its excellent translations, Songs of Tagore makes Rabindrasangit accessible to the non-Bengali reader
Of Freedom and Friendship
T.C.A. RAGHAVAN'S CIRCLES OF FREEDOM FOLLOWS THREE YOUNG MUSLIMS DRAWN INTO THE FREEDOM STRUGGLE
The Razor's Edge
Salman Rushdie's Knife is an eloquent, first-person account of the horrific attack on him. It's also a love story