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1 min read
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
2 mins read
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,…
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
2 mins read
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
2 mins read
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…
2 mins read
'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 …
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
1 min read
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
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
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
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…
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 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
3 mins read
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 …
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
4 mins read
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…
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 …
2 mins read
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 …
2 mins read
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 …