Motilal Oswal
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Motilal Oswal
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Analysis: What we know about the differences between the IndiGo founders

Updated : May 17, 2019 10:03 AM IST

Yes, there are differences between the IndiGo founders, but no, they have nothing to do with management control.
IndiGo owner Interglobe Aviation’s shares fell 9 percent on Thursday after the news reports that Gangwal and Bhatia, also the two largest shareholders, were at odds.
Rakesh Gangwal and Rahul Bhatia have sought the opinion of their lawyers to resolve their differences.
Analysis: What we know about the differences between the IndiGo founders
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