Southwest Airlines has named former US Airways CEO Rakesh Gangwal as its new independent chair of the board of directors. Gangwal joined the board in July, shortly after activist investor Elliott ...

In a series of transactions disclosed over seven filings, Gangwal acquired 3.6 million of the carrier’s common shares for roughly $29 apiece. Rakesh Gangwal's stake sale aligns with his plan to ...

Rakesh Gangwal, co-founder of budget carrier IndiGo and an IIT Kanpur alumnus, has made a personal donation of Rs 100 crore to support the School of Medical Sciences and Technology at his alma mater.