Prøve GULL - Gratis
Go First crisis: Wadia's Thane land up for auction
The New Indian Express
|June 10, 2024
CENTRAL Bank of India, the lead banker in the consortium of lenders of the bankrupt airline Go First (formerly GoAir), has put on block the 94.7-acre land parcel owned by Wadia Realty in Thane to recover their dues from the Wadias through an auction scheduled for July 22 and has set ₹1,965 crore as the reserve price.
The other lenders in the consortium include Bank of Baroda, IDBI Bank and Dena Bank. The airline owes ₹3,918 crore to these four banks and Central Bank has the maximum claim of ₹1,934 crore, followed by Bank of Baroda (₹1,744 crore) and Dena Bank ( ₹75 crore), the amounts include principal and interest as of August 31, 2023. The dues of IDBI Bank is not known.
Denne historien er fra June 10, 2024-utgaven av The New Indian Express.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The New Indian Express
The New Indian Express
DEEPER DIALOGUES FROM MARGINS
Five events held as part of Porombokkiyal 2025 shifted the spotlight on Unknown, unheard stories in the form of discussions and a play
2 mins
October 04, 2025
The New Indian Express
WAR PUSHES GAZA'S ENVIRONMENT TO FULL-SCALE COLLAPSE
TWO years of relentless conflict in the Gaza Strip have left an environmental disaster of unprecedented scale, the United Nations Environment Programme (UNEP) warns in a new report released this week.
3 mins
October 04, 2025
The New Indian Express
HE WHO SPOKE TRUTH TO POWER
VETERAN journalist, writer and columnist, who was Director of Express Publications (Madurai) Private Limited and Editorial Advisor to The New Indian Express, Thayil Jacob Sony George-popularly known as TJS George or TJS passed away on Friday afternoon at a private hospital in Bengaluru.
2 mins
October 04, 2025
The New Indian Express
Group leading mass protests for reforms in Morocco seeks dismissal of government
THE group leading Morocco's mass protests called on Friday for the government's dismissal, following days of unrest that have seen the deaths of three people.
1 mins
October 04, 2025
The New Indian Express
'India is no longer seen as outsourcing destination'
INDIA is no more an 'outsourcing destination' for advanced countries, believes Lord Karan Bilimoria, the founding Chairman of the UKIndia Business Council (UKIBC).
1 mins
October 04, 2025
The New Indian Express
Hopes fade for end to U.S. shutdown as Don readies cuts
HOPES for a quick end to the government shutdown were fading Friday as Republicans and Democrats dug in for a prolonged fight and President Donald Trump readied plans to unleash layoffs and cuts across the federal government.
1 mins
October 04, 2025
The New Indian Express
No public gathering on highways till SOPs are framed, HC tells govt
Court rejects pleas for CBI probe into stampede, says investigation still at nascent stage
1 mins
October 04, 2025
The New Indian Express Chennai
Sacred Poromboke:
Irula Gatherers and Divine Rituals
1 mins
October 04, 2025
The New Indian Express Chennai
Natural Vs Conventional: Study finds new social structure in farming practices
NATURAL farming is class and caste specific, with no substantial benefits in terms of monetary gain or dietary diversity compared to conventional farming.
2 mins
October 04, 2025
The New Indian Express
Got only copper panels from Sabarimala: Firm
THE controversy over the gold-plated panels of Sabarimala Lord Ayyappa temple is getting murkier, putting the Travancore Devaswom Board (TDB) on the defensive.
1 min
October 04, 2025
Listen
Translate
Change font size