Automobile

Rahul vs. Rakesh: turbulence ahead for IndiGo as promoters turn up the heat in legal battle

By Eduardo Saverin

IndiGo promoters Rahul Bhatia and Rakesh Gangwal are set to escalate their ongoing battle.

Synopsis

What started as a power struggle between IndiGo promoters Rahul Bhatia and Rakesh Gangwal has turned personal. IndiGo is staring at a prolonged legal battle with both its promoters roping in eminent lawyers. At a time when competition is intensifying, the market leader needs to quickly put its house in order. For that, its promoters should settle their differences amicably.

In the summer of 2019, when IndiGo promoter Rahul Bhatia asked his restaurant China Club to deliver some fresh paan alongside food at the airline’s boardroom, his intention was to take a dig at Rakesh Gangwal. Just a few days back, Bhatia’s co-promoter had publicly stated that the airline was being run like a paan ki dukaan. Miami-based Gangwal, who had shepherded IndiGo since its inception in 2005, had shot letters to the market regulator

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Eduardo Saverin