The committee of creditors for Go First Airlines has given its approval for interim funding of ₹425 crores to support the grounded carrier's return to operations. The airline was the first in the country to voluntarily seek bankruptcy protection. The ongoing increase in wearable manufacturing in India has had a negative impact on Chinese assembly lines, with a reduced number of orders leading some factories to suffer, according to industry executives. Interested readers can get daily business updates on WhatsApp by clicking here.
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