Ige Group

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Ige Group - Total results - 6
IndiGo parent InterGlobe Aviation shares drop nearly 4% after shareholders reject co-promoter Rakesh Gangwal's proposal
Business

IndiGo parent InterGlobe Aviation shares drop nearly 4% after shareholders reject co-promoter Rakesh Gangwal's proposal

As per the AoA, if any member of Bhatia-led IGE Group wants to transfer shares to a third party, then the non-transferring group will have the 'Right of First Refusal' subject to certain conditions.

IndiGo promoter feud: Rahul Bhatia, InterGlobe Enterprises seek arbitration proceedings in London
Business

IndiGo promoter feud: Rahul Bhatia, InterGlobe Enterprises seek arbitration proceedings in London

InterGlobe Aviation is the parent of IndiGo, the country's largest airline in terms of domestic market share

IndiGo promoters spat: Rakesh Gangwal denies reports of truce with co-founder Rahul Bhatia, says issues remain unsolved
Business

IndiGo promoters spat: Rakesh Gangwal denies reports of truce with co-founder Rahul Bhatia, says issues remain unsolved

In a letter here dated 5 August, Gangwal told the board of IndiGo's parent InterGlobe Aviation Ltd (IGAL) that issues between him and Bhatia remained unresolved.

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

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

According to a statement, IGE Group continued to support the startup (IndiGo) without diluting Gangwal's potential upside.

Govt wants Sebi to get deeper into IndiGo promoter spat, expand probe to all board members
Business

Govt wants Sebi to get deeper into IndiGo promoter spat, expand probe to all board members

InterGlobe Aviation is the parent of the country's largest airline IndiGo.

IndiGo promoters' feud out in open: Rakesh Gangwal seeks Sebi's intervention; says even 'paan ki dukaan' would have managed better
Business

IndiGo promoters' feud out in open: Rakesh Gangwal seeks Sebi's intervention; says even 'paan ki dukaan' would have managed better

Alleging that the company has "started veering off" from the core principles and values of governance, Gangwal has said that even a paan ki dukaan (betel shop) would have managed matters with more grace.