Business

NCLT to listen to SpiceJet insolvency plea subsequent wk

SpiceJet too seems to be facing headwinds, with a lessor filing a plea seeking insolvency resolution proceedings against the no-frills airline and the petition is scheduled for hearing before the National Company Law Tribunal (NCLT) next week. It also comes at a time when competitor and cash-starved Go First has cancelled flights and has filed…

Published

2 years ago

May 6, 2023

Shrishti

NCLT to listen to SpiceJet insolvency plea subsequent wk

SpiceJet too appears to be like to be going by technique of headwinds, with a lessor filing a plea hunting for insolvency resolution complaints in opposition to the no-frills airline and the petition is scheduled for listening to sooner than the National Firm Law Tribunal (NCLT) subsequent week. It additionally comes at a time when competitor and money-starved Scramble First has cancelled flights and has filed for voluntary insolvency resolution complaints…
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Business

Main person cos to proceed capex

Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…

Published

2 years ago

May 16, 2023

Shrishti

A lot of main person facing companies together with Hindustan Unilever, Britannia, Voltas, Havells, Blue Smartly-known person and Titan Company are going to proceed their excessive capital expenditure (capex) and growth this fiscal as that in FY23, senior executives informed ET and analysts in contemporary incomes calls.Much of the capex is ear-marked for ticket spanking contemporary factories…
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