Airlines need a proper business model to conform to Indian conditions Budget airline Go First hastily filed for bankruptcy protection earlier this month and suspended its operations for a few days. According to reports, the lessors of the 20 aircraft that Go First leased have also petitioned India’s aviation authority to deregister them, enabling their return. The tumultuous scenes brought back memories of 2019, when India’s largest airline at the time, Jet Airways, went bankrupt. The first significant Indian airline to follow Jet in four years is Go First. The Go First airline requested interim orders from the court to...
The Department of Telecommunications (DoT) will impose a fine of Rs 5 lakh each on infrastructure firms if their base transceiver stations (BTS) have not received environmental clearance by 15 November.
The Indian banking sector has withstood the global financial turmoil and continued to grow at a healthy pace.
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