SpiceJet said it would make the offer after conducting due diligence on Go First’s resolution professional, said the official involved in conducting airline’s insolvency process.
Go First had stopped flight operations in May. DGCA says it can now resume but after fulfilling conditions like getting its flight schedule approved & making interim funding available.
National Company Law Tribunal will decide whether lessors who terminated their leases before the bankruptcy proceedings began can repossess their aircraft.
The move by Aviation Working Group could raise leasing costs for Indian airlines and hurt lessors’ confidence just as the world’s third-largest domestic market faces record growth.
Aviation Working Group’s move could raise leasing costs for Indian airlines and further hurt lessors' confidence in world's third-largest domestic aviation market.
On 28 December 2003, Dr APJ Abdul Kalam delivered an address to mark the 50th anniversary of the UGC in New Delhi, outlining the role of the education sector and universities in national development.
Trade tensions with US have raised concerns, prompting the Modi govt to overhaul labour laws and cut consumption tax to spur domestic demand. The Budget will build on those steps.
NSE CEO Ashishkumar Chauhan was speaking at Off The Cuff event hosted by ThePrint's Editor-in-Chief Shekhar Gupta. He said that NSE, on average, sees 20 crore cyberattacks each day.
The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military.
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