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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…
3 mins read
IndiGo stock to soar on a cosy duopoly and an expanding market, say brokerages
IndiGo belongs to a rare club of stocks that has slowly yet steadily risen even in a market where i…
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…
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…
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. …
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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
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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
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
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
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…
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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…
1 min read
Indigo stock gains as a plea to shut down SpiceJet has been admitted
Further, the court has asked the official liquidator (Credit Suisse) to take over the assets of …
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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
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…