IndiGo Co-Founder Rakesh Gangwal Resigns From IndiGo’s Board
Rakesh Gangwal, the co-promoter of IndiGo Airlines, resigned from the carrier’s parent company InterGlobe Aviation and hence, from its Board of Directors, with immediate effect. He was serving as a non-independent, non-executive Director at the company. In a letter written to the Board of Directors, Gangwal said that he would sell his stakes at the airline over a span of five years but may consider re-joining the board as a... Read More
