1) IndiGo spat resurfaces, Gangwal says he won't vote to expand board
Within a fortnight of IndiGo announcing peace between the two founders, Rakesh Gangwal has made a U-turn, saying he will not vote in favour of resolutions that intend to expand the size of the board to 10 members. Instead, he wants a seven-member board. Without his support, the special resolution to amend the articles of association will not be passed as it requires the support of 75 per cent shareholders. Read more...
2) India Inc sees J&K in new light after govt scraps provisions of