IndiGo Shares Tumble by 19% as Feud Between Co-founders Reaches SEBI

The letter by co-founder Rakesh Gangwal highlighted that Rahul Bhatia had 'unusual controlling rights over IndiGo' and that a lack of 'diversity and paucity of independent directors may very well be at the root of why governance matters have taken such a back seat at IndiGo'.

from Top Business News- News18.com https://ift.tt/2XWmF6m

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