Thu, Jul 18, 2019

Tarun Bhatia Advises IndiGo Co-founders on Seeking Prompt Resolution

In the recent conflict between IndiGo’s co-founders, a quick resolution is important to reduce any further impact on the airline’s employees, customers and other stakeholders. Tarun Bhatia, Managing Director in the Business Intelligence and Investigations practice of Kroll, a division of Duff & Phelps, commented on the case, leveraging his due diligence expertise. 

“From a customer's point of view, the airline industry has already been impacted because of the suspension of Jet Airways’ operations, and a question mark over Air India's health. If this (the IndiGo rift) is not solved early, then there will be scepticism among employees and customers over the future,” Tarun said. He also warned that if both parties fail to come to an amicable agreement soon, it may lead to intervention by regulators and the case could go into a procedural loop. 

Read the full article here.