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BHUPENDRA KANSAGRA
SpiceJet rallies over 15% as ex-promoter Ajay Singh may step in to defuse crisisSpiceJet has debts of Rs 1,600 cr on Dec 5 which had prompted aviation regulator DGCA to put them under heightened surveillance.
Ex-Promoter Ajay Singh and two ‘blue-chip’ investors may pilot SpiceJet out of money troubleEx-promoter Singh, closely associated with ruling BJP, embarked on a hectic series of meetings with aviation ministry officials.
- Airlines that went bust in past two decades
There were quite a few airlines that faced turbulence before shutting down. ET lists the airlines that went bust in the past two decades:
- SpiceJet promoter Kalanithi Maran pledges 86.17% shares in the airline
According to industry sources, the heavily cash strapped airline is looking for funding its aircraft acquisition for regional operations.
- Budget carrier SpiceJet delays launch of regional operations
SpiceJet will delay the launch of its regional operations by a month as it awaits clearance of $250-million funding from the RBI for its Bo...
- SpiceJet stake: Kansagra-Maran deal lands in US court
A few business associates of Bhupendra Kansagra - the SpiceJet promoter who agreed to sell 7.7% stake in the low-cost airline to the southe...
- Kalanithi Maran entering new businesses with a bang
Kalanithi Maran is taking his business north of the Vindhyas. Be it films or flying machines, even if a few years late, he is entering them...
- Maran's offer to buy 20 per cent additional stake in SpiceJet deferred
The revised schedule of activities will be announced separately after receiving Sebi's approval to the draft letter of offer.
- Maran's offer to buy 20 pc additional stake in SpiceJet deferred
Enam Securities today said that the proposed open offer by South-based media baron, Kalanithi Maran of KAL Airways to buy an additional 20 ...
- Kalanithi all set to fly with 37% in SpiceJet
W L Ross and Ishtitmar on Friday converted bonds into equity shares of SpiceJet as Sun TV promoter Kalanithi Maran inches closer to acquire...
- SpiceJet allots 6.4 cr shares to W Ross, Istithmar
Leading low-cost carrier SpiceJet today said it has alloted 6.4 crore shares or nearly 20 per cent stake of the company to fund firms of W ...
- Kalanithi Maran to buy 37% stake in SpiceJet
Maran will sign an agreement to purchase 37% stake in SpiceJet from its promoters Bhupendra Kansagra and Wilbur L Ross for around Rs 800 cr...
- Spicejet surges over 3 pc on stake sale report
Low-cost airline Spicejet's share today surged as much as 3 per cent on the BSE amid media reports that Sun TV Network's Chief Executive Of...
- Cals to raise $250 mn through FCCBs
Delhi-based Cals, which is planning to set up a second-hand refinery at Haldia, is planning to raise $250 million by way of an FCCB issue t...