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Sunday, January 4, 2026
TopicNCLT

Topic: NCLT

India needs a law allowing lessors to repossess aircraft leased by defaulting airlines, says Boeing

Aviation giant's comments come at a time when Go Air, which filed for insolvency, has been provided protection against actions by lenders & lessors, raising concerns.

Go First says can use funds from govt’s emergency credit line scheme to pay its 7,000 employees

Wadia Group-owned Go First said in petition to NCLT that it owes Rs 11,463 cr to creditors & that its assets 'are not sufficient to meet its liabilities'.

Go First suspends flight bookings till 15 May, DGCA orders timely refunds for passengers

DGCA says it examined Go First's response & is committed to minimising passenger inconvenience in view of abrupt decision to suspend scheduled operations without prior intimation.

Go First customers, employees left in the lurch as flights remain grounded

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.

Go First files for insolvency, blames ‘failing engines’ supplied by Pratt & Whitney

Go First says its promoters have infused Rs 6,500 crore in airline since its inception & it has sought compensation of Rs 8,000 crore from engine maker Pratt & Whitney.

On Camera

What women want—a man who cooks and doesn’t seek a standing ovation for it

An average Lajpat Nagar playboy knows that women will reply to his Instagram story of the chicken curry he cooked for lunch. And he is proven right, every single time.

Wall Street carries big expectations this year after best run since 2009

The concern is not that 2025’s rally was irrational, but that it may be difficult to repeat. Outlooks remain anchored to AI investment and growth without reigniting inflation.

Greece looking at TATA’s WhAP infantry combat vehicle for army procurement

If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.

A year-end Mea Culpa in National Interest—The Army-Islam combo doesn’t kill democracy

Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.