DGCA tells Go First to stop ticket sales immediately

May 08, 2023 15:13

Aviation regulator DGCA directs Go First to stop sale of tickets with immediate effect till further orders. DGCA also issues show cause notice to Go First for their failure to continue operations in a safe, efficient and reliable manner.

As Go First awaits the NCLT ruling on its voluntary insolvency resolution plea, the tribunal is set to hear on Monday two petitions seeking insolvency proceedings against the crisis-hit airline. With liabilities of Rs 11,463 crore and a financial crunch, the Wadia group-owned airline has sought voluntary insolvency resolution proceedings as well as an interim moratorium on financial obligations.

« Back to LIVE

TOP STORIES

Ghaziabad woman ends life over workplace harassment

The woman, who lived in Ghaziabad and worked at the firm located in Noida, was allegedly being harassed for the past five to six months, her family claimed.

Jaiswal, Gill make gains in latest ICC T20I rankings

The big-hitting Suryakumar Yadav is the highest placed Indian at second spot, while young opener Yashasvi Jaiswal occupies the sixth position in the ICC T20I batting rankings issued on Wednesday.

No need for 'Sabka Saath, Sabka Vikas': BJP's Suvendu Adhikari

Senior Bharatiya Janata Party leader Suvendu Adhikari attributed the party's poor performance in Lok Sabha polls in West Bengal to lack of support from the minority community, asserting that 'Sabka Saath, Sabka Vikas' was unnecessary and...

Fraud detection framework: Quant MF affair triggers rush to apply new rules

The possible instances of front running at Quant Mutual Fund have likely pushed the Securities and Exchange Board of India (Sebi) to expedite the implementation of an institutional mechanism framework designed to curb such market abuses....

CRPF's K9 Ready To Guard Paris Olympics

Two K9 teams from the CRPF have reached Paris as part of the 10 K9 teams from various Indian security organisations selected to provide security to various venues at the Paris Olympics, 2024, scheduled from July 26 to August 11.