Connect with us

Hi, what are you looking for?

DOGE0.070.84%SOL19.370.72%USDC1.000.01%BNB287.900.44%AVAX15.990.06%XLM0.080.37%
USDT1.000%XRP0.392.6%BCH121.000.75%DOT5.710.16%ADA0.320.37%LTC85.290.38%
THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Business

Business

Resolution professional said India’s Go First will need to seek funding.

Avatar photo

Published

A woman speaks to staff at the Go First airline ticketing counter at the Chhatrapati Shivaji Interna... A woman speaks to staff at the Go First airline ticketing counter at the Chhatrapati Shivaji International Airport in Mumbai, India, May 3, 2023. REUTERS/Francis Mascarenhas
A woman speaks to staff at the Go First airline ticketing counter at the Chhatrapati Shivaji Interna... A woman speaks to staff at the Go First airline ticketing counter at the Chhatrapati Shivaji International Airport in Mumbai, India, May 3, 2023. REUTERS/Francis Mascarenhas

Listen to the article now

According to a source, Go Airlines (India)’s new resolution professional told staff on Thursday that the firm needs finance to survive.

On Wednesday, a New Delhi judge granted Go First bankruptcy protection and appointed Alvarez & Marsal’s Abhilash Lal as its temporary resolution expert.
We must restart the firm quickly… According to the article, Lal informed colleagues in a virtual town hall, “We have to raise the funds to do it.”

The source refused to comment to the media. Go First responded slowly to our request for feedback.

In this article:, , ,

Comment Template

GDP p.c.

Real Gross Domestic Product per Capita

60,422.000.57%

U.S. 10 Yr

10-Year Treasury Constant Maturity Rate

3.532.49%

S&P 500

Standard and Poor's 500

3,991.050.38%

DJIA

Dow Jones Industrial Average

32,800.350%

Editor's Picks

5G Technology - Communication

5G Technology: The Future of Communication
By Gary Baker,  9 min read

5G Technology: The Future of Communication Background about 5G technologies Since 5G technology is gradually entering our daily lives and the phrase is used more frequently, we deemed it necessary to explain what it truly is to you.   The beginning of 1G in 1979 The 1G, or first “Generation,” mobile network was the first...  Read more

The Top 10 Business Books Of 2023 - Photo of some books laying on table

The Top 10 Business Books Of 2023: Reviews And Recommendations…
By Olya Smith,  19 min read

THE TOP 10 BUSINESS BOOKS OF 2023: REVIEWS AND RECOMMENDATIONS FOR ENTREPRENEURS Entrepreneurial success is all about staying informed and constantly learning. So stay ahead of the curve with our list of the top 10 business books of 2023, packed with insights, strategies, and success stories to take your business to the next level.  ...  Read more

Mindfulness In Business: two women planning for business

The Benefits Of Mindfulness In Business: How To Cultivate A…
By Gary Baker,  9 min read

THE BENEFITS OF MINDFULNESS IN BUSINESS: HOW TO CULTIVATE A CALM AND FOCUSED MINDSET Unlocking the Power of the Mind: The Surprising Benefits of Mindfulness in Business” – Discover how cultivating a calm and focused mindset through mindfulness can revolutionize your professional life. KEY TAKEAWAYS Mindfulness assists individuals in being calm and focused, leading to...  Read more

People Profiles

Britain's King Charles and Queen Camilla attend the Royal Family's Christmas Day service at St. Mary Magdalene's church, as the Royals take residence at the Sandringham estate in eastern England, Britain December 25, 2023. REUTERS/Chris Radburn

UK's King Charles urges compassion and care for the environment…
By Anna Kovalenko,  2 min read

UK’s King Charles urges compassion and care for the environment in conflict. Utilizing his Christmas Day address to emphasize the significance of kindness, compassion, and care for the environment, King Charles of the United Kingdom issued a call to action on Monday, urging everyone to assist those less fortunate amid economic struggle and worldwide strife....  Read more

Charles McGonigal, a former FBI official who has been charged with working for sanctioned Russian oligarch Oleg Deripaska, arrives at Federal Court in New York City, U.S., March 8, 2023. REUTERS/Brendan McDermid/File Photo

An ex-FBI official is to be sentenced in the US…
By Anna Kovalenko,  2 min read

An ex-FBI official is to be sentenced in the US over work for Russia’s Deripaska. On Thursday, a former FBI officer is scheduled to be sentenced for his involvement in working for Oleg Deripaska, a Russian businessman subject to sanctions imposed by the United States government. Prosecutors have referred to Deripaska as President Vladimir Putin’s...  Read more

Bohdan Yermokhin, a Ukrainian teenager who was taken to Russia from the occupied city of Mariupol, shakes hands after arriving in Ukraine from Belarus at the border crossing in Kortelisy, amid Russia’s ongoing attack on Ukraine, November 19, 2023. REUTERS/Thomas Peter

A Ukrainian teen returns to Ukraine after being taken to…
By Anna Kovalenko,  3 min read

A Ukrainian teen returns to Ukraine after being taken to Russia from occupied Mariupol. A teenage Ukrainian who had been deported to Russia during the war from the battle-torn city of Mariupol and had been barred from leaving the nation earlier this year returned home. This month, Bohdan Yermokhin, who turned eighteen on Sunday, made...  Read more

You May Also Like

Business

The future of JD.com is uncertain in light of Walmart’s departure.

In the wake of Walmart’s departure as a major stakeholder and a stagnating Chinese e-commerce market, JD.com must persuade investors of its importance. This...

Sun, 2024-Aug-25 20:25:59

Technology

“The benefits of the California AI bill likely outweigh the costs,” according to Anthropic.

Anthropic stated on Thursday that the advantages of California’s updated measure, which aims to control the development and deployment of artificial intelligence within the...

Fri, 2024-Aug-23 09:45:51

Economy

Traders’ focus shifts to Yen strengthens following remarks by Ueda

Friday saw dollar weakness as investors braced for Jackson Hole address by Federal Reserve Chair Jerome Powell, while the yen topped other currencies in...

Fri, 2024-Aug-23 09:28:48

Economy

After the release of an abducted official, the Libyan central bank reopened.

After a bank official was freed from captivity, activities at Libya’s central bank (CBL) were restored. Musaab Muslamm, chief of the bank’s information technology...

Tue, 2024-Aug-20 12:39:17

Notice: The Biznob uses cookies to provide necessary website functionality, improve your experience and analyze our traffic. By using our website, you agree to our Privacy Policy and our Cookie Policy.

Ok