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GoFirst lenders to mull liquidation after chances of revival get thinner

Infrastructure

30 April, 2024

GoFirst lenders to mull liquidation after chances of revival get thinner

Lenders to India's Go First will meet later this week to discuss options for the bankrupt airline, including liquidation, after ......

SpiceJet to submit bid for bankrupt Go First

Infrastructure

19 December, 2023

SpiceJet to submit bid for bankrupt Go First

SpiceJet is considering an offer for bankrupt carrier Go First, the cash-strapped airline said on Tuesday, days after it barely ......

GoFirst gets EoI from Jindal Power, Wadias to stay away from bidding

General

12 October, 2023

GoFirst gets EoI from Jindal Power, Wadias to stay away from bidding

Grounded airline Go First has received an expression of interest (EoI) from Jindal Power Ltd, two banking sources and two people aware of ......

Go Airlines seeks investor interest as part of insolvency process

Infrastructure

10 July, 2023

Go Airlines seeks investor interest as part of insolvency process

India's Go Airlines (India) Ltd has invited investor interest in the company through a court-appointed administrator as part of the ......

Regulator puts Aditya Birla Sun Life AMC and GoAir listing dreams on pause

Markets

28 June, 2021

Regulator puts Aditya Birla Sun Life AMC and GoAir listing dreams on pause

The Securities and Exchange Board of India (SEBI) has put on pause the approval of IPO draft offers by Aditya ......

Grapevine: Govt mulls Bhel stake sale; Blackstone closes in on Embassy Industrial Parks

General

08 February, 2021

Grapevine: Govt mulls Bhel stake sale; Blackstone closes in on Embassy Industrial Parks

The Union government may consider Bharat Heavy Electricals Ltd (Bhel), Mecon Ltd and Andrew Yule and Co. Ltd among candidates ......

Coronavirus chaos: Airlines told to stop bookings; GoAir sends 90% staff on leave

Infrastructure

20 April, 2020

Coronavirus chaos: Airlines told to stop bookings; GoAir sends 90% staff on leave

India's aviation regulator has told airlines not to take bookings as the government has not yet decided when to recommence ......

IndiGo cuts staff pay as coronavirus curbs air travel

Infrastructure

19 March, 2020

IndiGo cuts staff pay as coronavirus curbs air travel

India’s biggest airline IndiGo has cut the salaries of most employees by between 5% and 20% in response to the ......

Govt weighs $1.6 bn rescue plan for aviation sector after coronavirus

Infrastructure

19 March, 2020

Govt weighs $1.6 bn rescue plan for aviation sector after coronavirus

India is planning a rescue package worth as much as $1.6 billion for the aviation sector, which has been battered ......

CCI finds no proof of cartelisation among IndiGo, SpiceJet and others

Infrastructure

19 February, 2020

CCI finds no proof of cartelisation among IndiGo, SpiceJet and others

Investigators with India’s antitrust watchdog have found no evidence that the country’s biggest airline, IndiGo, and four rival carriers colluded ......