Bankrupt Go First Submits 6-month Revival Plan to DGCA
Go First Airline’s Interim Resolution Professional (IRP) submitted a six-month revival plan to the Directorate General of Civil Aviation (DGCA) on June 2. Its operations...
Tag : bankruptcy
Go First to Submit Revival Plan to DGCA, Operations Unlikely to Continue Until then
The recently bankrupt airline Go First was asked to submit a revival plan within a month by the Directorate General of Civil Aviation (DGCA) on...
Once valued at $6 billion, Vice Media Files for Bankruptcy, Lenders to Buy it for Just $225 Million
Vice Media Group has filed for bankruptcy and reached an agreement with its lenders to be purchased for $225 million. This represents just 4% of...
New Equity Investors to be Vodafone Idea’s Calling Card
Vodafone Idea (Vi), a joint venture between Aditya Birla Group and Vodafone Group, will continue to scout for new equity investors and invest in new...
Advertising Association Seeks Tax Relief, GST Refunds
The Advertising Agencies Association of India (AAAI) on Thursday said it has reached out to the government, seeking relief amid the covid-19 pandemic and...
Jewellery Sector Seeks Reduction in Gold Customs Duty to 6%
Ahead of the Budget, gems and jewellery industry has sought a reduction in import duty on gold to 6% and on cut and polished diamonds...
Maruti Suzuki Offers Discounts During Festive Season
Maruti Suzuki India Ltd is offering large discount on its vehicles. Maruti is India’s largest passenger vehicle maker seeks to stimulate retail demand during the crucial...
Forever 21 Prepares for Potential Bankruptcy Filing
The global fashion retailer company Forever 21 Inc. is preparing for a potential bankruptcy filing as its cash dwindles and turnaround options fade. The company...