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The committee of creditors (CoC) for Go First Airlines has approved an in-principle interim funding of ₹425 crore so that the grounded carrier, the first in the country to voluntarily seek bankruptcy protection, manages to fly again soon.
The surge in wearables manufacturing in India is impacting Chinese assembly lines adversely, with many factories in that country facing a sharply reduced order book, several industry executives ET spoke to have said.
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