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Doctors Medicines MCQs Q&A

  1. Rakesh Gangwal
  2. Ajay Singh
  3. Vinod Kannan
  4. Aditya Ghosh
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1 Answers

Option 1 : Rakesh Gangwal

The correct answer is Rakesh Gangwal.

  • IndiGo co-founder Rakesh Gangwal has resigned from the board and is planning to cut his stake in the airline over the next five years.
  • He owns a 36.61% stake in InterGlobe Aviation.
  • While another co-founder and Managing Director Rahul Bhatia owns about 37.8% in it.
  • An American and aviation industry veteran, Gangwal has spent several years in senior roles at United Airlines and U.S. Airways.

  • IndiGo:
    • InterGlobe Aviation Ltd., doing business as IndiGo, is an Indian low-cost airline headquartered in Gurgaon, Haryana, India.
    • It is the largest airline in India by passengers carried and fleet size, with a 53.5% domestic market share as of October 2021. 
    • It was founded in 2005.
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