Live Markets »News & Advice»Market News»Market News Details
Market News Details
Back

Sebi to probe if IndiGo CEO downplayed promoters' tiff: TV Report

Reuters/BENGALURU 11 Jul 19 | 02:25 PM

India's market regulator is probing whether InterGlobe Aviation Ltd Chief Executive Officer Ronojoy Dutta downplayed the tussle between the promoters of the country's largest carrier IndiGo, ET Now reported on Thursday, citing sources.

The spat between co-founders and promoters Rakesh Gangwal and Rahul Bhatia escalated after Gangwal on Tuesday alleged violations of corporate governance rules at the parent group and asked the Securities and Exchange Board of India (SEBI) to intervene.

Related Stories

    No Related Stories Found
Widgets Magazine

Responding to the allegations, SEBI had sought a reply from InterGlobe by July 19.

Both SEBI and IndiGo did not immediately respond to Reuters request for a comment on the ET Now story.

Widgets Magazine

Sensex

Company Price Gain (%)
Kotak Mah. Bank1,537.052.30
HCL Technologies1,037.301.70
Yes Bank105.101.16
Asian Paints1,387.601.14
St Bk of India367.500.89

Poll

Currently No Poll Available.

Online Portfolio

You can create Online Portfolio here using the below button.

Widgets Magazine