SME Times is powered by   
Search News
Just in:   • India, Slovenia express optimism for early conclusion of EU FTA  • India and Vietnam vow to intensify collaboration in critical and emerging technologies  • Piyush Goyal’s Israel visit bolsters bilateral economic ties  • India likely to cross $4 trillion economy mark this fiscal: CEA Nageswaran  • Piyush Goyal urges CAIT to organise 'biggest-ever Swadeshi Mela' with ITPO 
Last updated: 16 May, 2019  

indigo-logoTHMB.jpg IndiGo CEO in damage control mode over rift

indigo.jpg
   Top Stories
» India, Slovenia express optimism for early conclusion of EU FTA
» Piyush Goyal urges CAIT to organise 'biggest-ever Swadeshi Mela' with ITPO
» India sees big scope for tie-up with Canada in critical minerals, clean energy: Piyush Goyal
» PM Modi calls for global AI compact at G20 summit; announces summit in India
» Bitcoin heads for worst monthly slump since 2022 as crypto rout deepens
SME Times News Bureau | 16 May, 2019
A day after reports of a rift between IndiGo promoters surfaced, the airline's Chief Executive Officer (CEO) Rono Dutta played down the issue and said that the growth plan remains intact for the carrier.

In a letter to the employees on Thursday, Dutta said: "I want to assure you that the growth strategy of the airline remains unchanged and firmly in place, and the management is fully charged by the Board to implement it."

"We will continue our focus on creating value for all our shareholders, our customers, our employees and the communities we serve," the CEO said while thanking the employees for their dedication.

Dutta also advised the employees to direct media queries on any issue to the concerned department to ensure that appropriate response is given.

Dutta is considered close to the airline co-founder Rakesh Gangwal and was hand-picked to steer IndiGo's expansion plan.

Differences between co-founders Rahul Bhatia and Gangwal first surfaced last year over managerial control of the firm.

After the rift surfaced on Tuesday, an IndiGo spokesperson told IANS that the company does not comment on market speculation.

The report comes close on the heels of sharp differences between Jet Airways promoter Naresh Goyal and minority partner Etihad. The sour relations eventually resulted in a severe crisis and grounding of the carrier.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹88.70
₹87
UK Pound
₹119.90
₹116
Euro
₹104.25
₹100.65
Japanese Yen ₹59.20 ₹57.30
As on 30 Oct, 2025
  Daily Poll
Who do you think will benefit more from the India - UK FTA in the long run?
 Indian businesses & consumers.
 UK businesses & consumers.
 Both will gain equally.
 The impact will be negligible for both.
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter