The differences between the co-founders of India's... moreThe differences between the co-founders of India's largest airline, by market share, have worsened. In a fresh flash-point between IndiGo's Rakesh Gangwal and Rahul Bhatia, the former filed a complaint with the Securities and Exchange Board of India (SEBI), alleging violation of corporate governance norms by the latter. Bhatia has responded to the allegations, calling them an attempt to dilute the controlling rights of his enterprise, IGE Group. SEBI has asked the airline to respond by July 19, 2019.
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