HomeIndian carrier IndiGo’s parent skids over 4% as co-founder quits, plans stake cutFILE PHOTO: Ashby, Bhatia and Gangwal pose at the launch

FILE PHOTO: Ashby, Bhatia and Gangwal pose at the launch

FILE PHOTO: Bruce Ashby (L), President & CEO IndiGo, Rahul Bhatia (C), Managing Director of InterGlobe Enterprises and Rakesh Gangwal pose at the launch of revenue operations of IndiGo, India's newest private low-fare domestic carrier in New Delhi July 31, 2006. REUTERS/Kamal Kishore