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You Searched For "SpiceJet MD Ajay Singh" and got 20 results


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SpiceJet’s Ajay Singh might sell stake to raise funds for airline

SpiceJet's Chairman Ajay Singh is considering selling over 10 percent of his stake to raise funds b…

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SpiceJet raises Rs 3,000 crore through QIP

It also said the QIP attracted a diverse pool of top-tier institutional investors and mutual funds,…

PTI   


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3 mins read

Crisis-hit SpiceJet plans to hand out pink slips to at least 1,000 employees

When contacted, a SpiceJet spokesperson said the airline has initiated several measures, includ…

PTI   


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SpiceJet settles ₹250 crore dispute with aircraft lessor Celestial Aviation

The representatives of both parties informed a bench of NCLT last week that settlement terms had be…

ANI   


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SpiceJet board okays Rs 2,250 crore capital infusion

The Board of Directors of SpiceJet approved the raising of fresh capital of over Rs 2,250 crore thr…

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Mumbai biz couple invests Rs 1,100 cr in SpiceJet for 19% stake

In a strategic move to bolster SpiceJet's financial position and spur growth, Mumbai-based business…

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SpiceJet subsidiary SpiceXpress to get USD 100 mn from UK group

Budget carrier SpiceJet on Monday said its subsidiary SpiceXpress and Logistics will receive USD 10…

PTI   


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4 mins read

SpiceJet slides after Delhi HC orders it to complete payment to Kalanithi Maran

The SpiceJet stock slipped 6% in trade by Tuesday noon. The Delhi High Court on Monday gave low-cos…

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SC warns SpiceJet CMD Ajay Singh for making default in payment of Credit Suisse AG

The Supreme Court has issued a stern warning to SpiceJet Chairman and Managing Director (CMD), Ajay…

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2 mins read

SpiceJet says it’s MD Ajay Singh is the victim to a bogus complaint

Managing Director of SpiceJet Ajay Singh has been booked in Gurugram for duping a businessman worth…

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Geared up for expansion in operations, no question of filing insolvency: SpiceJet chief

SpiceJet has initiated the process of reviving its grounded fleet with the USD 50 million funds rec…

ANI   


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SpiceJet CMD Ajay Singh takes over as the president of industry body Assocham

SpiceJet's Chairman & Managing Director Ajay Singh has assumed charge as the President Assocham, re…

PTI   


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3 mins read

Rise in airfares due to Go First's bankruptcy is temporary says SpiceJet CEO

SpiceJet CEO Ajay Singh on Thursday said there is a need for "more rational airfares" in the countr…

PTI   


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SpiceJet to raise ₹2,500 crore fresh capital, convert Carlyle’s debt into equity and demerge cargo biz

Low-cost carrier SpiceJet on Monday announced that its board has approved plans to raise fresh capi…

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1 min read

SpiceJet board will meet to consider fund raising funds, conversion of outstanding liabilities into equity

SpiceJet on Tuesday said its board will meet on Friday to consider options to raise funds as well a…

PTI   


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SpiceJet net profit jumps to ₹107 crore in Q3 FY2023

SpiceJet reported a net profit of Rs 107 crore (Rs 221 crore excluding forex adjustment) for the qu…

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4 mins read

SpiceJet net loss widens to ₹789 crore, CFO resigns

Amid the financial turmoil, the airline plans to raise USD 200 million, which is around Rs 1,600…

PTI   


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1 min read

SpiceJet in active discussion with Middle Eastern carrier for a possible stake sale

Low cost carrier SpiceJet is said to be in active discussion with a Middle Eastern carrier for a po…

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4 mins read

It’s not just COVID-19 ⁠— SpiceJet’s survival is getting challenged by rising costs, low cash, and new players with deep pockets

The odds of SpiceJet’s survival are turning against the Gurugram-based low-cost airline with every …

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2 mins read

SpiceJet hives off cargo & logistics biz into separate entity from Apr 1

It also paves the way for SpiceXpress to raise funds independently, SpiceJet said. The dec…

PTI