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SPICE GROUP INVESTMENTS
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- India eyes Southeast Asia flight deals as Gulf conflict narrows travel zonesIndia will begin talks with Thailand, Vietnam and Indonesia to increase flight capacity. This move comes as the West Asia conflict limits e...
- SpiceJet founder Ajay Singh to infuse Rs 294 crore into airline boosting promoter stake to 33.47%Ajay Singh, the Founder of SpiceJet, will invest Rs 294.09 crore into the airline by converting warrants into equity shares, increasing his...
- SpiceJet subsidiary SpiceXpress to get USD 100 million from UK groupBudget carrier SpiceJet on Monday said its subsidiary SpiceXpress and Logistics will receive USD 100 million investment from a UK-based gro...
- Handset manufacturers like Spice take PM Narendra Modi's 'Make in India' initiative to heartSpice announced its domestic manufacturing plans in the form of a Rs 500 crore unit in Uttar Pradesh, with support coming from the Akhilesh...
- Maran's SpiceJet offer puts spotlight on TatasThe group purchased a 7.5% equity interest in SpiceJet in 2006, in what was then seen as its soft entry into airline sector for around Rs 1...
- Idea-Spice merger may ring in gains for Malaysian allyThe principal promoters of Idea Cellular have decided that on conclusion of the Idea-Spice merger, the benefit of Axiata’s expanded holding...
- Tatas may double stake in SpiceJetTata Group is to double its stake in SpiceJet to around 14% and involve itself in the management.
- SpiceJet offers Tatas a seat on boardThe SpiceJet management has invited the Tata group to take a seat on the board of the Delhi-based low cost airline.
- Texas Pacific drops plan to invest $30 mn in SpiceJetThe US-based private equity fund Texas Pacific Group, which had recently decided to invest $30 million in low-cost carrier SpiceJet, has de...
- SpiceJet deal gets even more spicierA clutch of investors including the Tata group, and others are set to pick up a 25% stake in SpiceJet.
- Tatas to pick up under 10% stake in SpiceJetThe Tata group is making an indirect entry into the domestic airline business as a financial investor.
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