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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 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 …
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…
1 min read
TCS, HDFC, DMart, Dr Reddy’s among stocks to watch out for on July 11
Indian markets may start the week on a negative note as SGX Nifty, an early indicator of the market…
Bhakti Makwana
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…
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,…
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…
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 sheds ₹400 crore in value within an hour of trading as CFO quits and losses mount
SpiceJet’s shares plunged after its CFO resigned and the company reported wider losses in Q1 FY23. …
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…
4 mins read
SpiceJet: In the eye of a perfect storm
The airline has reported eight malfunction incidents in the last 18 days, which led to a notice fro…
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
2 mins read
Indigo, SpiceJet stocks takeoff as regular international flights to resume after two years
Scheduled international flight services were suspended in March 2020 due to the pandemic. Howeve…
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
Enjoying the escalators and autowalks at airports? You are being charged for it
An unknown charge ‘cute fee’ levied by Indigo is getting viral on social media. The users misunders…
4 mins read
Yatra.com’s biggest source of revenue is also its biggest risk
Yatra, which is now looking to go for an initial public offering (IPO) in India to raise ₹750 crore…
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…
3 mins read
SpiceJet is staring at another quarter of losses as air travel continues to remain dull
The pandemic slump continues to weigh on the aviation sector. After IndiGo reported losses in its s…
2 mins read
Spicejet is losing one rupee where it was losing four thanks to cheaper fuel and cut in rentals
SpiceJet carried less than fourth of the passengers between July and September 2020 than it did in …