NEW DELHI: SpiceJet founder-promoter Ajay Singh will raise his stake in the airline from 29.1% to 33.5% by infusing Rs 294 crore through Spice Healthcare (a promoter group company). This…
SpiceJet (Picture credit: IANS) NEW DELHI: Following recent fund infusion that is expected to stabilise SpiceJet, the airline will no longer operate under enhanced surveillance of the Directorate General of…
SpiceJet informs DGCA all its grounded planes to fly again within 2 years; earmark Rs 400 crore for that. NEW DELHI: Thanks to its recent Rs 3,000-crore funding, SpiceJet has…
NEW DELHI: Delhi Police's Economic Offences Wing (EOW) booked SpiceJet's managing director and four other officials for allegedly failing to credit the deducted 12 per cent of employees' share in…
NEW DELHI: Maintaining financial discipline and regulatory compliance, domestic airline SpiceJet has cleared all its Goods and Services Tax (GST) dues.The airline in a statement on Friday informed that the…
Domestic airline SpiceJet has settled all outstanding salary dues for its employees, following a significant capital infusion of Rs 3,000 crore, according to a source familiar with the development. Employees…
PUNE: SpiceJet on Tuesday claimed that it had successfully resolved its dispute with Engine Lease Finance Corporation (ELFC) through an amicable settlement. ELFC, which had previously claimed $16.7 million, has…
NEW DELHI: The National Company Law Tribunal (NCLT) on Monday issued notice to debt-ridden air carrier SpiceJet over the plea filed by one of its operational creditors. A two-member NCLT…
NEW DELHI: SpiceJet is now looking at a lifeline with its crucial fundraising exercise learnt to be finding favour with investors. The airline's Rs 3,000-crore QIP has been oversubscribed, say…
NEW DELHI: SpiceJet is now looking at a lifeline with its crucial fundraising exercise learnt to be finding favour with investors. The airline’s Rs 3,000-crore qualified institutional placement (QIP) has…