Lavasa hill city hits dirt; lenders may send company to liquidation – Business Standard

Business Standard Lavasa, a subsidiary of construction major HCC, has defaulted on bank loans worth Rs 7,700 crore TopicsLavasa|Real Estate |RBI Dev Chatterjee | Mumbai Last Updated at November 12, 2020 00:22 IST Lenders to Lavasa Corporation are making a last-ditch effort to attract bidders for the eponymous hill city near Pune, seeking final bids…

Aviation boss rubbishes dire outlook, predicts airlines on brink of boom time – 9News

Struggling airlines Qantas and Virgin Australia are on the cusp of boom time with news a coronavirus vaccine is close, an aviation boss has predicted. Ryanair supremo Michael O’Leary has rubbished aviation industry forecasts that the sector will take years to recover from the pandemic downturn. “There’s going to be an enormous snapback on travel…