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Hearing a plea filed by the company challenging the government’s order, the HC remarked, “The rule is better safe than sorry.
Aviation has confirmed that its ground handling and cargo warehouse operations at select Indian airports have been suspended ...
3hon MSN
India’s sudden revocation of security clearance for Turkish aviation firm Çelebi has triggered a massive financial collapse, ...
The Union Government on Monday opposed before the Delhi High Court a plea filed by Turkey based company Celebi Airport ...
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India Today on MSNIndia ousts Turkey's Çelebi: $200 million lost in market-cap, jobs on the lineThe company, listed on the Istanbul Stock Exchange, saw its shares drop 20% in just two trading sessions. On 16 May, the ...
The fallout has gutted Çelebi’s Indian operations, which contributed ₹1,522 crore in revenue and ₹393 crore in EBITDA in FY24 ...
Turkish company Çelebi Aviation said on Saturday it’s “fully cooperating” with Indian authorities and adhering to regulations ...
The security clearance of the firms was revoked days after Turkey backed Pakistan and condemned India’s strikes on terror ...
The company’s shares fell 10% on Thursday and another 10% on Friday, prompting multiple trading suspensions on the Borsa ...
Shares of Çelebi Hava Servisi AS extended its free-fall for a second straight session and tanked another 10 per cent on Friday, May 16 after India revoked security clearance for its subsidiary ...
The announcement said that the Bangalore International Airport Ltd (BIAL) has transitioned its ground handling operations ...
Turkish ground handling service group Çelebi on Friday launched a legal challenge to India's decision to revoke its security ...
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