EaseMyTrip’s Pitti raises Go First bid by Rs 150 crore

EaseMyTrip’s Pitti raises Go First bid by Rs 150 crore

NEW DELHI: EaseMyTrip founder Nishant Pitti has raised by another Rs 150 crore his joint bid for Go First (earlier GoAir) along with SpiceJet chairman & MD Ajay Singh. The initial bid, with Pitti providing the funding and Singh operational know-how, is learnt to have been Rs 500-600 crore, say sources.However, with the erstwhile Wadia … Read more

Panel of creditors to decide on GoAir liquidation this week | India Business News

Panel of creditors to decide on GoAir liquidation this week | India Business News

NEW DELHI: The GoAir revival saga could come to an end this week with the Committee of Creditors (CoC) going to decide whether to opt for liquidation or for a second round of inviting expression of interest (EOI). The Wadia Group airlinehad stopped flying on May 2, 2023, and the National Company Law Tribunal (NCLT) … Read more