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1 min read
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…
2 mins read
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…
5 mins read
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…
3 mins read
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…
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
4 mins read
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…
2 mins read
SpiceJet shares gain over 15% after FAA Boeing’s 737 Max clearance — DGCA says will take some time before making a decision
The shares of budget carrier SpiceJet soared over 15% on Thursday after the Federal Aviation Admini…
4 mins read
Sensex, Nifty50 fall amid increased volatility: FMCG, oil & gas, metal stocks drag indices down
India’s benchmark indices Sensex and Nifty50 are likely to see a flat opening on Tuesday despite po…
4 mins read
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 …
1 min read
SpiceJet settles $24 million financial dispute with Credit Suisse
Budget carrier SpiceJet on Thursday said it has reached an in-principle commercial settlement with …
1 min read
SpiceJet announces 20% salary hike for pilots, says will bring back those put on leave without pay
SpiceJet announced a 20 per cent salary hike for pilots from October onwards.
2 mins read
SpiceJet gets breather as Supreme Court holds winding up order for 3 weeks
However, the apex court bench headed by Chief Justice N.V. Ramana pulled up the airline saying, …
1 min read
Homegrown Twitter rival Koo lays off 40 employees in 'realignment' move
A Koo spokesperson told IANS thatAthe platform is at a phase of rapid growth as it steers digi…
4 mins read
There are several problems ailing SpiceJet and the taxman knocking on its doors is just one of them
SpiceJet, one of the two listed airlines in India, has reported losses consecutively for the pas…
3 mins read
Tata Group gets loan commitment from SBI-led consortium to run Air India
Sources said the SBI-led consortium has agreed to grant both term loans and working capital loa…
PTI
2 mins read
Jet Airways may start domestic flights after March 2022
Jet Airways may resume its domestic flights the first quarter of the next financial year that start…
1 min read
Tata Sons submits financial bid for Air India, SpiceJet's Ajay Singh still in the race
Tata Sons has submitted a financial bid for Air India, among other bidders.
3 mins read
Here’s how IndiGo and SpiceJet are dealing with the crisis differently
Aviation is among the worst-affected sectors amidst the Covid-19 crisis. While IndiGo is using this…
2 mins read
IndiGo and SpiceJet await rent relief – thanks to crisis at Boeing and Airbus
The Coronavirus pandemic has hit the airline industry hard. Now, domestic airline leaders IndiGo an…
2 mins read
India's airlines are cancelling tickets across the country citing government restrictions - and that's not the worst part
Spicejet is cancelling tickets from several cities citing government imposed restrictions. Several …