Tag : Wadia Group

Wadia Group Considers a One-time Settlement Offer in GoFirst Crisis

adminMay 5, 2023May 5, 2023

May 5, 2023May 5, 2023

The beleaguered GoFirst airline owner Wadia Group plans to go for a one-time settlement with banks wherein creditors will take a “substantial haircut”, the media report mentioned....

MARKETS

Grounded GoFirst Drives Bombay Burmah Shares Tumbled 5%

adminMay 3, 2023May 3, 2023

May 3, 2023May 3, 2023

On May 3, Wadia Group company Bombay Burmah Trading Corporation shares fell 4.72% to Rs 991.65 in early trade after GoFirst filed for voluntary insolvency resolution. The...

BUSINESS

IndiGo Market Share Soars to 6-Month High

adminApril 19, 2023April 19, 2023

April 19, 2023April 19, 2023

Connectivity to new destinations, including Mopa (Goa) and Nashik, helped market leader IndiGo push its market share to a six-month high in March. However, low-cost...