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Report of ‘rift’ between IndiGo’s pormoters surfaces; airline calls it speculation

Report of 'rift' between IndiGo's pormoters surfaces; airline calls it speculation

New Delhi/Mumbai, May 15 (IANS) Even as a report on Wednesday claimed an alleged rift between budget passenger carrier IndiGo's promoters -- Rahul Bhatia and Rakesh Gangwal -- the airline denied any such developments calling it mere speculation.

According to a business television report, differences have surfaced between Bhatia and Gangwal over managerial control of the firm. The report quoted sources as saying that the two partners have approached different law firms.

"We do not comment on market speculation," an IndiGo spokesperson told IANS.

 

The report comes days after the debacle in Jet Airways, where the partnership between Naresh Goyal and the airline's stakeholder Eithad fell through.

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Report of 'rift' between IndiGo's pormoters surfaces; airline calls it speculation

About Gopi Adusumilli

Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc. He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources. When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any. He can be reached at gopi@socialnews.xyz

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