What Does BJP's Outreach to Minority Communities Mean for the Opposition? thewire.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thewire.in Daily Mail and Mail on Sunday newspapers.
Lenders are looking to discuss a proposal to liquidate Go First, a proposal to choose a firm to evaluate its remaining assets, and another proposal to evaluate potential buyers interested in the airline’s assets.
The Wadia Group, under the leadership of Nusli Wadia, has firmly stated that the bankruptcy of its budget airline, Go First, in May last year, will not impede its ability to raise funds for other businesses within the conglomerate in the future. 
Indian aviation updates: Although there are currently no regulatory restrictions on domestic banks lending to other group entities of bankrupt companies, such transactions are difficult to execute given the enhanced credit risks at the group level, according to industry experts.
Wadia Group Affirms Financial Strength Despite Go First's Bankruptcy; Sky One And Spicejet Express Interest In Acquisition menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.