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SpiceJet shares climb over 3% after earnings announcement
The stock climbed 7.35 per cent to Rs 60 during the day on the BSE. It ended at Rs 57.70, up 3.24 p…
PTI
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
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
SpiceJet’s Q3 net profit jumps 162% to ₹110 crore on air travel recovery, shares surge 13%
Low-cost carrier SpiceJet posted a 162% surge in net profit to ₹110 crore for the December quarter,…
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…
'SpiceJet didn't deposit money into pension funds for months'
India's low-cost carrier SpiceJet has reportedly not deposited money into the pension funds of its …
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
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
Go First Impact: Market capitalisation of 3 PSU Banks down by ₹7,500 crore as investors fret over their exposure to ailing airline
Low-cost airline Go First’s insolvency proceedings have plunged shares of Central Bank of India, Ba…
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
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…
Sensex crosses 62,000 mark for the first time since December; Tata Motors, L&T amongst top gainers
India’s benchmark indices Sensex and Nifty50 are likely to open on a tepid note on Tuesday amid mix…
Sensex, Nifty50 decline as IT, metal and auto stocks plummet
India’s benchmark indices Sensex and Nifty50 are likely to open in the red on Monday amid negative …
SpiceJet to suspend Sikkim operations from Oct 30 due to operational constraints
According to a spokesperson of the budget airline, bad weather and low visibility were bottlene…
PTI
TCS profits grows at 5%, hit by salary hikes, talent churn and travel costs
Tata Consultancy Services or TCS posted a 5% growth in net profits in the first quarter of FY23 at …
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
SpiceJet hiked its ticket prices; Indigo and others might follow suit
The share price of the Indian aviation companies like Indigo, Jet Airways and others dropped on Thu…
Two months, four airlines and 14 air safety incidents — DGCA says 'safety paramount'
Around 14 air incidents have been reported so far in the last two months.On Monday, civil aviation …
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 …
Reliance has to pay ₹6 per litre of petrol & ₹13 for diesel exported as tax — but rising margins may cushion it
India’s new windfall taxes on energy companies will see export-oriented oil refiners like Reliance …