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Chennai Metro Phase 2?s 20 km construction network completed
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Go First Bankers Enlist Burford Capital for Pratt & Whitney Lawsuit
The lenders of Go First airline have hired Burford Capital to pursue litigation against engine manufacturer Pratt & Whitney, intensifying their legal efforts in the ongoing dispute over engine supply issues. Go First, which has faced significant disruptions in its operations due to Pratt & Whitney?s alleged failure to deliver engines on time, was forced to ground many of its aircraft. Burford Capital, a global leader in legal finance and investment, has been engaged to provide financial backing and legal expertise for the lawsuit. This step marks a crucial move by Go First?s lenders, as they s..
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Mumbai Port Signs Projects Worth Rs.40 Bn , Launches Key Initiatives
Mumbai Port Trust has embarked on a series of transformative initiatives, signing projects worth ?4,000 crore aimed at boosting infrastructure and enhancing operational capabilities. These initiatives are expected to modernise the port and contribute significantly to India's maritime and logistics sector. Among the projects signed, a major focus lies on enhancing cargo handling capacity, upgrading port facilities, and improving connectivity. This will not only bolster the port's operational efficiency but also solidify its role as a key hub for trade and logistics in India. With these upgrade..
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Government Simplifies Seaplane Operation Guidelines to Boost Connectivity
The Indian government has announced simplified guidelines to facilitate the operation of seaplanes, with the objective of improving regional connectivity and promoting tourism. These new norms are aimed at reducing the complexities involved in operating seaplanes, thereby encouraging more players to enter the market. The updated guidelines cover various aspects, including regulatory approvals, water aerodrome infrastructure, and coordination with local authorities. The government has made it easier for operators to secure necessary clearances, which is expected to accelerate the launch of new..