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Go First stares at liquidation as Jindal Power decides against bidding

Infrastructure

21 November, 2023

Go First stares at liquidation as Jindal Power decides against bidding

India's Jindal Power Ltd, the only company whose expression of interest to take over Go First was accepted by creditors, ......

Go First lenders to challenge move that could let lessors reclaim planes

Infrastructure

09 November, 2023

Go First lenders to challenge move that could let lessors reclaim planes

Lenders of grounded Indian airline Go First plan to legally challenge the aviation watchdog's interpretation to retrospectively apply changes to ......

India insolvency law change on leased aircraft to apply retrospectively

General

02 November, 2023

India insolvency law change on leased aircraft to apply retrospectively

Changes to Indian laws to exclude leased aircraft from assets that can be frozen during bankruptcy proceedings of an airline ......

NCLT admits Go First into insolvency, places moratorium on aircraft leases

Infrastructure

10 May, 2023

NCLT admits Go First into insolvency, places moratorium on aircraft leases

An Indian tribunal on Wednesday granted bankruptcy protection to Go Airlines (India) Ltd, a move that will help the country's ......

Go First asks NCLT to urgently pass order on insolvency plea

Infrastructure

08 May, 2023

Go First asks NCLT to urgently pass order on insolvency plea

Go Airlines (India) on Monday asked the country's company law tribunal to urgently pass an order on its insolvency plea, ......

Go First, lessors lock horns as bankruptcy hearings begin

Infrastructure

05 May, 2023

Go First, lessors lock horns as bankruptcy hearings begin

Indian airline Go First's effort to start insolvency proceedings has become ensnared in a tussle with aircraft lessors after they ......

Go First Airways files for insolvency proceedings, suspends flights

Infrastructure

02 May, 2023

Go First Airways files for insolvency proceedings, suspends flights

Cash-strapped Indian airline Go First filed for bankruptcy on Tuesday, blaming "faulty" Pratt & Whitney engines for the grounding of ......

Premium
More bidders join race for Kishore Biyani's Future Retail

Consumer

25 April, 2023

More bidders join race for Kishore Biyani's Future Retail

The number of resolution applicants interested in Kishore Biyani’s Future Retail has swelled to 55, as per the final list ......

Reliance Capital's lenders to move ahead with second auction after SC nod

Finance

28 March, 2023

Reliance Capital's lenders to move ahead with second auction after SC nod

The lenders of Reliance Capital have decided to go ahead with the second round of auction on 4 April, in ......

Religare arm concludes one-time settlement with lenders

Finance

09 March, 2023

Religare arm concludes one-time settlement with lenders

Religare Enterprises Limited (REL) has announced that its owned subsidiary Religare Finvest Limited (RFL), has completed the OneTime-Settlement (OTS) with ......