It’s been nearly five months since Wadia Group’s Go First airline went bankrupt. Amid the efforts to revive the airline, a billionaire has stepped forward as the only bidder for the bankrupt airline.
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That billionaire is 53-year-old Indian industrialist Naveen Jindal, who is the promoter of Jindal Power. He is understood to have put in an expression of interest (EoI) to buy insolvent airline Go First, multiple sources close to the development have said, as per Reuters report.
When Was The Bid For Go First Submitted?
ians
Go First is India’s first commercial carrier to have voluntarily sought bankruptcy protection. The express of interest (EOI) has been submitted by unlisted Jindal Power, which is owned by Worl…
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