While a defamation suit is unlikely, Rahul Bhatia’s InterGlobe Enterprise, which owns 37 per cent stake in IndiGo, will support groups of minority investors if they sue Gangwal for causing erosion of shareholder’s wealth. After their bitter public spat, it’s unlikely that Bhatia will allow any more room to Gangwal, says Arindam Majumdar. In the […]
source http://www.ncairways.co/aviation/indigo-has-finally-decided-to-fly-without-rakesh-gangwal-its-architect/
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