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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…

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2 mins read

Rupee opens flat against US dollar in early trade

At the interbank foreign exchange market, the local unit moved in a narrow range. It opened at …

PTI   


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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…

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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…

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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   


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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…

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Domestic air passenger traffic went up by 47% this year compared to 2021: DGCA

The passenger load factors of all major airlines - Air India, SpiceJet, GoFirst, IndiGo, Akasa Air,…

ANI   


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SpiceJet CMD Ajay Singh takes over as the president of industry body Assocham

SpiceJet's Chairman & Managing Director Ajay Singh has assumed charge as the President Assocham, re…

PTI   


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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…

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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 …

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5 mins read

Sensex, Nifty50 gain for the second consecutive day aided by a rally in metal, realty stocks

The best and worst performing sectoral stock market indices of the Nifty in 2022 are expected to be…

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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…

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2 mins read

After US, SpiceJet to begin flights to London from September 1

The company said this is presently under the bubble arrangement between India and UK and is effe…

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2 mins read

Aside from Air India, SpiceJet is the only other carrier allowed to operate flights to and from US

The shares of India’s largest cargo operator, SpiceJet climbed over 5% after the company told stock…

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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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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 …

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2 mins read

Flying with the least number of passengers in April, May burns a $100 million hole in SpiceJet’s books

SpiceJet seems to be struggling to sell its tickets as aircraft of the Gurugram-based airlines flew…

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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   


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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…

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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…