SpiceJet has debts of Rs 1,600 cr on Dec 5 which had prompted aviation regulator DGCA to put them under heightened surveillance.

Ex-promoter Singh, closely associated with ruling BJP, embarked on a hectic series of meetings with aviation ministry officials.

There were quite a few airlines that faced turbulence before shutting down. ET lists the airlines that went bust in the past two decades:

According to industry sources, the heavily cash strapped airline is looking for funding its aircraft acquisition for 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...

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 is taking his business north of the Vindhyas. Be it films or flying machines, even if a few years late, he is entering them...

The revised schedule of activities will be announced separately after receiving Sebi's approval to the draft letter of offer.

Enam Securities today said that the proposed open offer by South-based media baron, Kalanithi Maran of KAL Airways to buy an additional 20 ...

W L Ross and Ishtitmar on Friday converted bonds into equity shares of SpiceJet as Sun TV promoter Kalanithi Maran inches closer to acquire...

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 ...

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...

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...

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...