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Jindal Power will not submit bid for GoFirst
Credit: IndiaTimes- Published on November 22, 2023
It may soon be curtains for Wadia Group's low cost GoAir, which had suspended operations this May. Naveen Jindal's Jindal Power - which gave the only eligible expression of interest for reviving the airline under bankruptcy process - is not going to submit its bid, say sources. The airline's lenders are meeting on Wednesday to...