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Go First establishes company with former employees to liaison with lessors amid resolution process

Go First has established SP Mumbai Aviation, led by former finance department employee Sachin Naik, to collate records/documents, the resolution professional said ....

India , Delhi , Ireland , Mumbai , Maharashtra , Sachin-naik , Wadia-group , Pratt-whitney , Spicejet , Ireland-designated-activity-company , Delhi-high-court , Designated-activity-company

Wadia Group affirms financial strength despite Go First's bankruptcy; Sky One and SpiceJet express interest in acquisition – India Education | Latest Education News | Global Educational News

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.&nbsp ....

Delhi , India , Shailendra-ajmera , Nusli-wadia , Wadia-group , Spicejet , Delhi-high-court , Sky-one , Resolution-professional , Corporate-insolvency-resolution-process , Corporate-debtor ,

Wadia Group asserts no impact on finances from Go First bankruptcy

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. ....

Mumbai , Maharashtra , India , Bombay , Research-ind , Bombay-burmah-trading-corporation-limited , Wadia-group , Nusli-wadia-group , Manufacturing-company-limited , Spicejet , Nusli-wadia-led-group

Wadia Group Affirms Financial Strength Despite Go First's Bankruptcy; Sky One And Spicejet Express Interest In Acquisition

Wadia Group Affirms Financial Strength Despite Go First's Bankruptcy; Sky One And Spicejet Express Interest In Acquisition
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Delhi , India , New-delhi , Nusli-wadia , Shailendra-ajmera , Wadia-group , Spicejet , Delhi-high-court , Sky-one , Resolution-professional , Corporate-insolvency-resolution-process , Corporate-debtor

Wadia Group affirms financial strength despite Go First's bankruptcy; Sky One and SpiceJet express interest in acquisition

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 . ....

Delhi , India , New-delhi , Shailendra-ajmera , Nusli-wadia , Wadia-group , Spicejet , Delhi-high-court , Sky-one , Resolution-professional , Corporate-insolvency-resolution-process , Corporate-debtor