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SpiceJet lessors seek to take back 4 planes; airline says deregistration will save costsLessors have asked DGCA to deregister four SpiceJet Boeing 737-8 MAX aircraft. These planes have remained non-operational for a prolonged p...- Double, Trouble, Toil and the AI Bubble: Why the boom may not be what it seemsAs India navigates its AI and innovation trajectory, skepticism looms large. While AI technologies have fueled market growth worldwide, the...
- Sri Lanka's move to lease strategic airport near China-controlled Hambantota port sparks Indian interestIndia is keenly watching Sri Lanka's move to offer control of Mattala Rajapaksa International Airport to foreign investors. This presents a...
- NBCC settles dispute with Delhi government, two execute real estate projects in South DelhiNBCC India will develop a massive 4.5 million sq ft real estate project in Delhi. This project has a revenue potential of Rs 8,500 crore. T...
- Release four engines to lessor: NCLT to Go First resolution professionalThe NCLT has directed Go First's resolution professional to return four engines to lessor Engine Lease Finance BV, citing a Delhi High Cour...
- Delhi HC asks DGCA to deregister all 54 of Go First's leased planes, gives 5 days' timeIn a setback for the struggling airline, the court also restrained the RP from replacing, taking out any accessories, spare parts, document...
- HC directs DGCA to forthwith process applications of Go First's lessors' to deregister aircraftThe Delhi High Court on Friday directed the Directorate General of Civil Aviation (DGCA) to forthwith process the applications filed by sev...
- HC issues show-cause notice to Go First resolution professional on non-maintenance of aircraftThe high court said the RP (Resolution Professional) cannot plead difficulties in the implementation of the October 12, 2023, judgment afte...
- Stock market update: Stocks that hit 52-week lows on NSEInfosys, Adani Ent., Axis Bank, SBI and Wipro were among the top losers on NSE.
- Delhi HC permits Go First lessors to engage security personnel to protect aircraft engines, partsThe interim applications were filed by the lessors in the main petitions seeking deregistration of their planes by aviation regulator DGCA ...
- Go First lessors queue up to stitch deals with Air India, Vistara & IndiGoGo Airlines has filed a petition with the National Company Law Tribunal (NCLT) for voluntary insolvency. The court is expected to pass an o...
- Sensex rises! But these stocks fell 5% or more in Wednesday's sessionIn the Nifty pack, 35 stocks closed in the green, while 14 stocks ended in the red.
- Indus Towers close to signing fibre deal with Reliance Jio, Tata Sky, Tata TeleIndus, a three-way joint venture between Bharti Infratel, UK’s Vodafone Plc Group and Vodafone Idea, is in advanced talks with all three co...
- Ashoka Buildcon scales new all-time highOn BSE, 1.38 lakh shares were traded on the counter so far as against the average the daily volumes of 38.21 lakh shares in the past two we...
- Five global container companies write to Narendra Modi over FCL duesThe leasing companies are represented in India and are involved in the supply of containers to the shipping community in the major ports an...
- Five aircraft leasing companies based in Ireland take SpiceJet to courtFive aircraft-leasing entities based in Ireland, which had leased out airplanes to the co, have gone to court to recover dues that they cla...
- Airlines warn of steep hike in faresAlmost all airlines have warned that the dollar’s gravity-defying act has added to their costs. Since the July-September quarter is low tra...
- Bharti Infratel sues STel over non-payment of tower rentBharti Infratel has sued telecom operator STel for not paying outstanding rent on 1,200 tenancies it had leased from the company.
- DTH firms in talks to share satellite transponder spaceDTH television service firms are in talks to share satellite transponder space with each other that will allow them to offer more channels ...
- Kingfisher may buy SpiceJet in all cash dealUB chief in talks with foreign investors to buy out budget carrier in all-cash deal.
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