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NCLT declares ex-DHFL chairman Kapil Wadhawan bankrupt over ₹4,546 crore duesThe NCLT Mumbai has declared Kapil Wadhawan, the former chairman of DHFL, bankrupt following a petition by Union Bank of India to recover ₹...- NCLT directs Go First resolution professional to ensure protection of engine lessors' assetsThe National Company Law Tribunal has directed the resolution professional of Go First airline to ensure the maintenance of nine engines le...
- EY's Shailendra Ajmera gets NCLT nod to be Go First's RPAjmera will replace an interim resolution professional (IRP) who was till now in charge of the affairs of the Wadia group-promoted airline ...
- Buy APL Apollo Tubes Ltd., target price Rs 1500 : Anand RathiAPL Apollo Tubes, incorporated in the year 1986, is a Mid Cap company (having a market cap of Rs 34043.74 Crore) operating in Metals - Ferr...
- Go First lenders select EY-backed Ajmera as RPAjmera's selection is subject to approval from the National Company Law Tribunal (NCLT). The selection was communicated at a meeting of the...
- Lenders may appoint EY or KPMG-backed resolution professional for GoFirstLenders of Go Airlines are considering appointing KPMG-backed resolution professional at the first committee of creditors (CoC) meeting sch...
- Go First seeks DGCA nod to restart operations with 22 aircraftGo First expects the civil aviation regulator’s approval for the plan within a week, according to people with knowledge of the matter. The ...
- Buy APL Apollo Tubes, target price Rs 1490: Motilal Oswal Financial ServicesAPL Apollo Tubes, incorporated in the year 1986, is a Mid Cap company (having a market cap of Rs 32325.68 Crore) operating in Metals - Ferr...
- Big four auditors eye Go First's resolution professional jobGo First is currently under the administration of an interim resolution professional (IRP) recommended by its former management.
- NCLAT upholds Go First bankruptcy proceedings in a setback to lessorsAn Indian appeals tribunal on Monday upheld the insolvency proceedings against cash-strapped airline Go First in a setback to efforts of it...
- National Company Law Appellate Tribunal to hear Go First lessors' plea todayNCLAT on Friday deferred the matter pertaining to Go First lessors' petition seeking a stay on a bankruptcy court order allowing voluntary ...
- Plane lessor SMBC challenges NCLT move to admit Go First for insolvencySMBC Aviation Capital has challenged the decision by India’s bankruptcy court to admit Go Airlines' voluntary insolvency plea. SMBC, one of...
- Go First has 'very tight schedule'; needs to raise funds: Interim Resolution Professional tells staffThe budget airline stopped flying from May 3 and filed the insolvency petition due to fund crunch caused by the grounding of many planes in...
- SMBC Aviation Capital challenges NCLT order protecting Go First from recovery by lessorsOn Wednesday, the NCLT admitted Go First's plea for voluntary insolvency and admitted for the initiation of Corporate Insolvency Resolution...
- Buy APL Apollo Tubes, target price Rs 1333: HDFC SecuritiesAPL Apollo Tubes, incorporated in the year 1986, is a Mid Cap company (having a market cap of Rs 32543.38 Crore) operating in Metals - Ferr...
- Buy APL Apollo Tubes, target price Rs 1225: ICICI SecuritiesThe brokerage is positive on APL Apollo as it is a downstream player, hence is relatively insulated from adverse price movements.
- Buy Apollo Pipes, target price Rs 570: Yes SecuritiesStock rebounded off the support zone. Break above Rs 530 could unlock upside potential till Rs 570.
- Buy APL Apollo Tubes, target price Rs 1225: ICICI SecuritiesThe brokerage is also positive on the counter as being a downstream player, it is relatively insulated from adverse price movements.
- IDBI Capital maintains buy on APL Apollo Tubes, raises target price to Rs 2,486The brokerage continues to believe the worst phase of profitability is complete for APL as steel prices have recovered slightly.
- Elara Capital maintains buy on APL Apollo Tubes, target price Rs 2,181Revival in demand coupled with incremental volume from newly added capacity would continue to aid in volume growth.
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