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...
24 Nov, 2023, 01.06 AM IST
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...
23 Nov, 2023, 12.48 PM IST
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...
23 Nov, 2023, 12.30 PM IST
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...
23 Nov, 2023, 12.23 AM IST
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...
22 Nov, 2023, 09.01 PM IST
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...
22 Nov, 2023, 12.58 AM IST
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...
21 Nov, 2023, 02.18 PM IST
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...
09 Nov, 2023, 01.44 PM IST
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 ...
06 Nov, 2023, 11.20 PM IST
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...
06 Nov, 2023, 09.45 PM IST
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...
03 Nov, 2023, 12.47 AM IST
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...
13 Oct, 2023, 05.22 PM IST
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...
13 Oct, 2023, 12.39 PM IST
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...
12 Oct, 2023, 08.46 PM IST
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...
12 Oct, 2023, 06.08 PM IST
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...
12 Oct, 2023, 03.54 PM IST
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...
11 Oct, 2023, 10.39 PM IST