AgenciesPratt & Whitney plans to oppose Go Airlines (India) Ltd's push to enforce an arbitration ruling against the U.S. company for the supply of spare engines, a Delaware court filing showed.
The airline, widely known as Go First, approached the Delaware court after it won an arbitration order in Singapore against Pratt & Whitney, which it said failed to supply engines on time. That, the Indian airline argues, has also forced it to file for bankruptcy in New Delhi.
The airline, widely known as Go First, approached the Delaware court after it won an arbitration order in Singapore against Pratt & Whitney, which it said failed to supply engines on time. That, the Indian airline argues, has also forced it to file for bankruptcy in New Delhi.
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- Adani-Hindenburg: Expert Panel Submits Report to SC
The six-member expert panel set up by the Supreme Court following the publication of the Hindenburg report on the Adani Group has submitted a report in a sealed cover to the apex court on May 8.
ONGC to Get Dividends Instead of Oil from Russia’s Sakhalin-1 FieldOil and Natural Gas Corp (ONGC) has stopped receiving its share of oil from Russia’s Sakhalin-1 but will get dividends from the field, according to people with knowledge of the matter.
HC Upholds Arbitral Order Favouring RIL in Gas CaseThe Delhi High Court on Tuesday upheld an arbitral ruling in favour of Reliance Industries Ltd (RIL) and its partners in a case alleging migration of gas to company-operated block from adjacent ones of state-run ONGC.
