{"id":415200,"date":"2021-05-15T11:32:32","date_gmt":"2021-05-15T06:02:32","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=415200"},"modified":"2021-05-15T13:59:06","modified_gmt":"2021-05-15T08:29:06","slug":"indian-budget-carrier-goair-files-for-%e2%82%b93600-crore-ipo","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indian-budget-carrier-goair-files-for-%e2%82%b93600-crore-ipo\/","title":{"rendered":"Indian budget carrier GoAir files for \u20b93,600 crore-IPO"},"content":{"rendered":"<p>Indian budget carrier Go Airlines Ltd filed for an initial public offering of up to 36 billion rupees ($491 million), a move that comes as airlines scramble to bolster their finances to tide over disruptions caused by a raging pandemic. <\/p>\n<p>A second wave of Covid-19 infections in India is taking a heavy toll on domestic airlines, which were barely limping back to normalcy after a nation-wide lockdown hampered their operations for months in 2020.<\/p>\n<p>The company, which is in the process of rebranding itself as &#8220;Go First&#8221;, plans to use the money raised from the IPO to repay loans and clear dues, it said in a filing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian budget carrier Go Airlines Ltd filed for an initial public offering of up to 36 billion rupees ($491 million), a move that comes as airlines scramble to bolster their finances to tide over disruptions caused by a raging pandemic. A second wave of Covid-19 infections in India is taking a heavy toll on domestic airlines, which were barely limping back to normalcy after a nation-wide lockdown hampered their operations for months in 2020. The company, which is in the process of rebranding itself as &#8220;Go First&#8221;, plans to use the money raised from the IPO to repay loans and [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[184,141,130],"tags":[],"class_list":["post-415200","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-hindustantimes","category-hindustantimes","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/415200","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=415200"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/415200\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=415200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=415200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=415200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}