Feud between 2 Indigo co-founders reached court

Nabanita Dutta

News Editor
Image Credit: shortpedia

Billionaire Rahul Bhatia, the co-founder of IndiGo airlines has filed an arbitration request against his partner Rakesh Gangwal in a London court. The dispute between the 2 billionaire co-founders won't have much impact on the share price of Indigo airlines. In July, Gangwal publicly accused Bhatia of corporate-governance transgressions. After that Indigo implemented a new policy for related party transactions.