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The power struggle comes at a bad time as Indian carriers struggle to stay in business amid higher oil prices and cut-throat competition.

IndiGo shares drop by 19% as billionaire founders intensify feud

By Anurag Kotoky | Bloomberg
UPDATED ON JUL 10, 2019 02:03 PM IST
InterGlobe shares tumbled as much as 19% amid concerns that the power struggle will become prolonged and cause collateral damage to the company
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37-year old Harish B V 37, hailing from Tumakuru in Karnataka, was arrested Tuesday and two laptops, a mobile phone, a device for crypto currencies and Rs 1.79 lakh cash were seized among others from him, they said.(REUTERS)
37-year old Harish B V 37, hailing from Tumakuru in Karnataka, was arrested Tuesday and two laptops, a mobile phone, a device for crypto currencies and Rs 1.79 lakh cash were seized among others from him, they said.(REUTERS)

Co-founder of Unicoin held for setting up Bitcoin ATM in Bengaluru

By Press Trust of India | Bengaluru
UPDATED ON OCT 24, 2018 07:21 PM IST
The Co-founder of Unicoin, engaged in banned crypto currency exchange, has been arrested, days after he launched a Bitcoin ATM kiosk at a mall here in violation of RBI norms, police said Wednesday.
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