Lenders to invite bids for bankrupt Go First on Friday

Bids for bankrupt airline Go First will be opened on Friday. Ajay Singh, SpiceJet owner, and Nishant Pitti, co-owner of EaseMyTrip, are front runners with a bid of Rs 600 crore. SkyOne, owned by Jaideep Mirchandani, also placed a bid. Financial creditors have claims of around ₹4,300. Pratt & Whitney compensation is being pursued in a Singapore court case.
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