Lufthansa Agrees to Buy Parts of Air Berlin – Aviation International News

Lufthansa Group has agreed to buy major parts of insolvent Air Berlin, including Austrian subsidiary Niki, regional unit Luftverkehrsgesellschaft Walter (LGW), along with an additional 20 aircraft, Air Berlin announced Thursday. According to Air Berlin, the 210 million purchase guarantees the preservation of all jobs at Niki and LGW and opens the prospect of employment…

Supreme Court restrains Amrapali Group directors from flying abroad – Moneycontrol.com

Moneycontrol News Providing relief to homebuyers, the Supreme Court today barred promoters of real estate company Amrapali Group from leaving the country without its permission and appointed an amicus curiae to oversee buyers interests. The bench headed by chief justice Dipak Misra issued notices to the company and sought its response within a fortnight on…