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Go First stares at liquidation as Jindal Power decides against bidding

India's Jindal Power Ltd, the only company whose expression of interest to take over Go First was accepted by creditors, has decided to not follow ..

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Cancellation of DBFOO contracts would have required KSEB to pay ₹500 cr in damages, says govt

Cancellation of DBFOO contracts would have required KSEB to pay ₹500 cr in damages, says govt
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Go First Lenders Pinning Hopes On Jindal Power Ltd For Revival -

The Indian Express After extending the insolvency resolution timeline of the beleaguered Go First by another three months, lenders to grounded carrier are hinging their hopes on Naveen Jindal-backed Jindal Power Ltd (JPL) for revival of the company. Jindal Power Ltd was earlier a subsidiary of Jindal Steel & Power Ltd (JSPL). Last month, JPL…

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India s Go First lenders to not release more funding to grounded airline

Go First s lenders, which include the Central Bank of India, Bank of Baroda, IDBI Bank and Deutsche Bank, had in-principally approved funding of 4.50 billion rupees ($54.09 million) in June to resume operations and restart the airline.

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Go First s lenders not in favour of releasing more funds to the airline - TravelBiz Monitor: India travel news, travel trends, tourism

Go First s lenders not in favour of releasing more funds to the airline - TravelBiz Monitor: India travel news, travel trends, tourism
travelbizmonitor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from travelbizmonitor.com Daily Mail and Mail on Sunday newspapers.

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