A related-party transaction is a deal or arrangement between two parties, who are joined by a pre-existing business relationship
The differences between promoters of IndiGo pertain to related party transactions (RPTs), the airline chief executive officer Ronojoy Dutta told a business news channel on Tuesday.
According to Dutta, Rakesh Gangwal is seeking changes to the RPT process that allow Rahul Bhatia-controlled firms to charge the airline for its services.
“Its an agreement issue between the two promoters. It has ...
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