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SPICEJET CFO RESIGNATION
India’s aviation sector is having its own mid-life crisisAir India Flight 171 crash in Ahmedabad has put focus on India's aviation sector. The sector faces challenges like grounded planes and faul...
Rakesh Jhunjhunwala's lofty bet has grown fourfold: What lies aheadIn 2021, Vinay Dube launched Akasa Air, backed by investor Rakesh Jhunjhunwala. Despite initial losses, the airline's valuation has grown t...
Stocks in news: Infosys, Mankind Pharma, SpiceJet, DLF, DixonInfosys on Monday said its CFO Nilanjan Roy has resigned from the company to pursue other personal aspirations. Nilanjan will continue to b...
Stocks in the news: Wipro, Tata Steel, Hero Moto, Yes Bank and Indian HotelsYes Bank's board has approved the sale of stressed assets worth around Rs 48,000 crore to JC Flowers ARC, which has turned out to be the so...
SpiceJet appoints Ashish Kumar as new CFOLow-cost airline SpiceJet today announced that Ashish Kumar will be the new CFO of the company. Kumar worked as Vice President and head of ...
Spicejet likely to receive around Rs 225 crore next week as part of ECLGSBudget carrier SpiceJet is likely to receive around Rs 225 crore next week as a part of the extended credit line guarantee scheme (ECLGS), ...
SpiceJet CFO resigns amid widening losses, mid-air incidentsEarlier today, employees at the airline company said that their salaries had been delayed for the second consecutive month, despite the com...
SpiceJet Q4 results: Losses at Rs 807.1 croreThe airline said that losses include a non-cash loss of Rs 473.4 crore due to forex loss on restatement of lease liability due to Ind-AS 11...
After Market: Lupin, Jet, Yes Bank take big hit; metal stocks worst hitMomentum oscillator Relative Strength Index, or RSI, showed 97 stocks in the oversold zone on BSE.
Stocks in the news: RIL, Wipro, Mindtree, Jet Airways, Ashoka Buildcon, Just Dial and Quess CorpSBICAP Securities has maintained buy rating SpiceJet with a target price of Rs 175.
Aditya Ghosh's exit from IndiGo: Well-timed or a damp squib?Ghosh’s exit is portentous. It would come as a surprise to many in the industry who thought the man would be part of the airline's next pha...
Top stocks in focus on 17 January 2018Here is a list of top stocks that are likely to be in focus in today's trading session.
SpiceJet moves government, gets temporary reliefBeleaguered SpiceJet tonight got a breather with indications that Airports Authority of India would not press for immediate clearing of Rs ...
Kalanithi Maran-owned SpiceJet shortlists five candidates for CEO post: S L Narayanan, Sun Group CFO"Five candidates have been shortlisted for the post of CEO and Mills' position would be filled soon," S L Narayanan, Sun Group CFO, said.
SpiceJet says still looking for strategic partnersThe Kalanithi Maran-owned SpiceJet is looking for a strategic partner, and not a financial investor, to help improve efficiency, an officia...
SpiceJet to issue convertible securities to promoter, may fetch budget airline nearly Rs 200 croreSpiceJet today said it would issue convertible warrants to its promoter, which could fetch the budget airline nearly Rs 200 crore at the cu...
- SpiceJet stock gains 7 per cent
SpiceJet today gained more than seven per cent, thereby adding Rs 151 crore to its market capitalisation, after a promoter group said it wo...
SpiceJet needs funds, but no promoter stake sale on cards: Sun GroupSun Group said it would explore options including equity contribution from existing shareholders and raising debt.
- SpiceJet's ex-CEO in Esop row with new owners
Sanjay Aggarwal, former SpiceJet CEO, is slugging it out with new owners of Gurgaon-based low-cost carrier for his ESOP money.