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GOFIRST JINDAL
Ajay Singh, Sky One and Busy Bee file firm bids for Go FirstSpiceJet promoter Ajay Singh, Sky One, and Busy Bee have submitted the bank guarantee and expression of interest for bankrupt Go First Airl...- Go First lenders can check out new offers as RP extends voting deadline"Among the creditors, a large public sector bank which is a key creditor wants more time since the approval to extend the process needs to ...
- Go First CEO Kaushik Khona quitsGo First CEO Kaushik Khona has resigned from the airline after it failed to attract any bidders to revive the company, which has been groun...
- NCLT okays 90-day extension for Go First resolution processThe National Company Law Tribunal has allowed Go First's resolution professional to extend the resolution timeline by 90 days until Februar...
- NCLT allows Go First RP’s appeal to extend resolution timeline by 90 daysThe National Company Law Tribunal has extended the timeline for Go First's resolution professional's appeal by 90 days until February 4, 20...
- NCLT gives nod to a 90-day extension for completion of the Go First insolvency processThe National Company Law Tribunal has allowed Go First's resolution professional to extend the resolution timeline by 90 days until Februar...
- No saviour flies in for Go First, airline may fly into liquidation"There are only two options, either liquidation or extend the resolution timeline in the hope of finding a buyer. Lenders are inclined towa...
- After Naveen Jindal backtracks, Go First has nowhere to goNaveen Jindal group company Jindal Power, which had submitted an expression of interest for Go First, has decided not to submit a financial...
- Jindal Power drops plan to submit financial bid for troubled Go FirstRecent regulatory changes in the Insolvency and Bankruptcy Code (IBC) have allowed aircraft lessors to seize aircraft if payments are not m...
- Jindal Power will not bid to take over airline Go FirstIndia's Jindal Power has decided against bidding for Go First, the insolvent airline, after evaluating its financial statements. The deadli...
- Go First lenders to challenge move that could let lessors reclaim planesGo First's lenders plan to challenge the DGCA's interpretation of bankruptcy law changes that could allow lessors to reclaim planes. The DG...
- Go First resolution time extended by three monthsLenders to Go First airlines took the decision to extend the insolvency deadline, which ended Monday, even as the Delhi High Court decides ...
- Go First lenders to not release more funding to grounded airline: SourcesGo First's lenders, which include the Central Bank of India, Bank of Baroda, IDBI Bank and Deutsche Bank, had in-principally approved fundi...
- Go First lenders to meet Monday, stare at Rs 6,500 crore in lossesLenders to the insolvent airline Go First will likely meet to assess a fund-infusion plan into the grounded carrier. However, regulatory ap...
- Jindal Power 'not very serious' about EoI submitted for Go FirstNaveen Jindal's Jindal Power has submitted an expression of interest (EoI) for grounded airline Go First, but sources say they are not seri...
- Naveen Jindal looks to pilot Go First out of insolvency, company submits EoINaveen Jindal, the promoter of Jindal Steel and Power, has expressed interest in buying insolvent airline Go First. The expression of inter...
- Jettwings, Jindal Power put in EoIs for bankrupt Go FirstIn a statement on Thursday, Northeast-based Jettwings Airways said it has put in an Expression of Interest (EoI) for Go First while industr...
- From cars to planes: Jindal brothers' lofty ambitions to diversify businessSajjan and Navin Jindal are leaping from the core businesses of steel, power and infra to diversify into consumer-facing businesses of auto...
- Wadia Group stays away from Go First insolvency processThe Wadia Group, former owner of Go First, has not expressed any intention to bid for the grounded Indian airline during the insolvency pro...
- India's Go First airline gets expression of interest from Jindal Power: SourcesGo First's resolution professional, who conducts the insolvency process, and Jindal Power did not immediately respond to Reuters requests f...
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