Tue, Aug 6, 2019

Tarun Bhatia Shares His Views on the IndiGo Crisis in India

Since the news about IndiGo’s crisis broke out, the spotlight has been on India’s largest airline and the dispute between the co-founders. Rakesh Gangwal has accused partner Rahul Bhatia, of violation of corporate governance rules and has filed a complaint with the Securities and Exchange Board of India. 

Industry experts have come forth to discuss the accusations and have warned that the ongoing battle between the co-founders will hamper the airline’s expansion plans.

Kroll, a division of Duff & Phelps, has been actively quoted in the media recommending quick resolution between the co-founders. Failure to do so will drag the airline into a procedural loop, damaging IndiGo’s brand value and shaking investors’ confidence. 

Media coverage

  • Subscribers of Bloomberg can read the article here.
  • Read the article in The Hindu BusinessLine here.
  • Full coverage in Mint here.
  • Watch the video discussion on Mint here.
  • Read the article on Moneycontrol.com here.

Updated coverage after the case is brought to London's arbitration court

  • Subscribers of ETPrime can read the article here.
  • Read the article on MoneyControl.com here.