News for '-scal-services-ltd'

A 2019 investigation of Bombay Dyeing may delay Go Air IPO

A 2019 investigation of Bombay Dyeing may delay Go Air IPO

Rediff.com8 Jul 2021

A 2019 investigation of Bombay Dyeing by market regulator Sebi has put a brake on the initial public offering process of sister company Go Air. The Wadia group-owned low cost airline had earlier planned to launch the IPO to raise Rs 3,600 crore by August, but may be forced to postpone it by a month or two as Sebi completes its investigation.