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SPICEJET AJAY SINGH
Delhi HC dismisses SpiceJet and its promoter Ajay Singh's review plea in case against Maran-Kal AirwaysThe Delhi High Court dealt a blow to SpiceJet and its founder Ajay Singh by rejecting their review petitions, accompanied by a cost penalty...
Delhi High Court reserves order on SpiceJet's plea to review Rs 144 cr payment order in dispute with MaranThe Delhi High Court has announced it will take more time to decide on a review petition presented by SpiceJet and its head, Ajay Singh. Th...
SpiceJet Promoter Ajay Singh completes ₹500 crore equity infusion into airlineSpiceJet's founder Ajay Singh has infused ₹294.09 crore into the airline by converting warrants to equity shares, raising the promoter grou...
SpiceJet is struggling to defy gravity. What are the odds?SpiceJet, once a leading airline, is grappling with severe financial distress. Grounded aircraft, unpaid dues, and a dwindling market share...
SpiceJet says Sun Group's claims of damages are unfoundedSpiceJet and Ajay Singh refuted Kalanithi Maran and KAL Airways' Rs 1,323 crore damages claim as legally untenable. Maran plans to challeng...
SpiceJet refutes KAL, Maran's Rs 1,323 cr damages claim, terms it 'legally untenable'SpiceJet refuted the Rs 1,323 crore damages sought by Kalanithi Maran and KAL Airways as legally untenable. Maran and KAL plan to challenge...
Kalanithi Maran to seek Rs 1,323 crore in damages from SpiceJetAccording to the Sun group, as part of a share transfer agreement signed in 2015 when Ajay Singh took over SpiceJet, Maran and KAL Airways ...
SpiceJet to seek Rs 450 cr refund from erstwhile promoter Maran following Delhi HC rulingSpiceJet plans to reclaim Rs 450 crore from former promoter Kalanithi Maran and KAL Airways, following a Delhi High Court division bench ru...
SpiceJet's Ajay Singh named ‘EY Entrepreneur of the year 2017 for Business Transformation’Singh’s award was for scripting a remarkable turnaround at SpiceJet, which was on the verge of shutting down in December 2014.
SpiceJet, Ajay Singh move HC against order to deposit Rs 579 croreApart from ordering deposition of amount in the court, court had also asked Spicejet to appoint an arbitral tribunal to decide the share tr...
Flydubai in talks for SpiceJet stakeDubai government-owned Flydubai has re-entered the fray to pick up a stake in budget airline SpiceJet, when Qatar Airways is in initial tal...
Easing of 5/20 norms should not hit established carriers: SpiceJet chairman Ajay SinghUnder the norms, only carriers having been in operation for at least five years and with a fleet of at least 20 aircraft are allowed to fly...
Ajay Singh again becomes the owner of budget carrier SpiceJet"Today the entire 58.46 per cent stake of the Marans' have been transferred to Ajay Singh," sources close to the development said.
Ajay Singh struck SpiceJet deal at a throwaway price of around Rs 200 crSources indicate that Ajay Singh has struck the deal to buy Maran’s 58% stake in SpiceJet at a throwaway price of around Rs 200 crores.
SpiceJet fails to submit cash flow planThe ministry made similar requests to oil companies regarding jet fuel supply to SpiceJet, apart from asking banks to give loans to it.
Investor consortium led by Indigo Partners to invest Rs 1400 crore in SpiceJetTPG Capital & JPMorgan Infra Fund are the other two. Indigo Partners may back Ajay Singh to own 26% in SpiceJet to have considerable author...
Don't fleece flyers grounded by SpiceJet's woes: DGCA"We have asked airlines to charge a reasonable fare from passengers of SpiceJet’s flights that have been cancelled at the last minute," sai...