The Body Shop, founded in 1976 by human rights activist and environmental campaigner Anita Roddick, as one of the first companies to prohibit testing on animals for many of its products.
National Company Law Tribunal will decide whether lessors who terminated their leases before the bankruptcy proceedings began can repossess their aircraft.
The bankruptcy filing is a fallout of a challenging period for many tech & media companies that have been cutting costs to survive a weak advertising market amid slowing economic growth.
If the tribunal admits Go First's plea, it will lead to the appointment of a new resolution professional who will take over management to revive the airline run by Wadia Group.
As aviation stocks soar after Go First's 'surprise' decision to file for bankruptcy, experts say move expected to significantly benefit other players such as Indigo, SpiceJet & Air India.
Twitter handle of airline shows a flood of queries related to status of flights from 6 May onwards as well as refund process & timelines. Employees worried about their future.
Cash-strapped airline Go First filed for bankruptcy on Tuesday, blaming ‘faulty’ Pratt & Whitney engines for grounding of about half its fleet and taking lenders by surprise.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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