Rakesh Gangwal has accused Rahul Bhatia of ‘questionable’ related party transactions, which Bhatia says have been conducted on an ‘arm’s-length’ basis.
Gangwal has locked horns with Bhatia over his controlling rights which he alleges allows his partner to push through related-party transactions in violation of rules.
IndiGo co-founder Rakesh Gangwal on Tuesday alleged serious governance lapses by co-founder Rahul Bhatia in a letter to SEBI, causing a dip in the airline's market share.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
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