Monthly Archives: December 2025

From Cockpit to Cash-Out: How India’s Aviation Monopoly Was Built, Milked, and Abandoned

When Rakesh Gangwal resigned from IndiGo’s board and announced he would become a “passive investor”, it sounded calm. Corporate. Mature. But behind that polite sentence lies one of the ugliest stories of modern Indian capitalism — a story of monopoly, regulatory silence, obscene wealth creation, zero accountability, and complete disregard...