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SPICEJET BOARD MEET
Air India board meeting on May 7; cost-saving steps, CEO selection likely on agendaAir India's board meets May 7 to discuss cost cuts and a new CEO. The airline faces significant losses and challenges from rising jet fuel ...- 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 board to consider fund raise via QIP on July 23SpiceJet's board meeting on Tuesday, July 23, aims to raise funds via a qualified institutional placement. Shares initially rose 5%, closin...
- SpiceJet improves financial position with another Rs 316 crore fundraisingSpiceJet has secured Rs 316 crore in investments, allocated equity shares and issued warrants to investors. The funding strengthens their f...
- SpiceJet to list on NSE; may get Rs 1,300 cr lifeline from two 'big investors'; stock up 35% in 3 daysSpiceJet may receive a crucial boost as the airline's board prepares to convene on Monday to explore fundraising initiatives. According to ...
- SpiceJet looking to raise up to Rs 2,000 croreSingh holds around 60% in the airline, of which 44.24% is pledged with lenders. Based on its Tuesday closing share price of ₹46.25 on the B...
- SpiceJet looking to raise up to ₹2,000 croreThe no-frills airline is expecting Boeing to resume delivery of the 737 Max aircraft from October. SpiceJet plans to take delivery of seven...
- SpiceJet postpones scheduled board meeting to consider quarterly results to TuesdayThe board will meet on Tuesday to consider and approve, inter-alia, the unaudited standalone and consolidated financial results for the thi...
- SpiceJet postpones scheduled board meeting to consider quarterly results to TuesdayThe low-cost carrier, which is going through turbulent times, was scheduled to announce the financial results for the quarter ended Decembe...
- SpiceJet plans to raise funds; shares gain over 2%The proposal comes at a time when the airline industry is grappling with strong headwinds due to the coronavirus pandemic that has also res...
- Sebi disposes of insider trading case against SpiceJet's former independent directorIt had been alleged that he traded in SpiceJet while in possession of unpublished price information
- Sunny Leone may sell her perfume and deo range on SpiceJet flightsAs part of their meeting, the Bollywood actress also visited SpiceJet’s Gurgaon office in the second week of January.
- SpiceJet to be owned 24% by Kalanithi Maran and his KAL Airways, subject to regulatory approvalThe Delhi High Court kept its order pending on a plea of Sun group head Kalanithi Maran seeking issuance of stock warrants in Spicejet to h...
- SpiceJet plans to raise Rs 300 crore debtIn a filing to the stock exchange on Thursday, SpiceJet said it plans to expand its fleet by 40 per cent to 50 planes by March 2016.
- SpiceJet promoters to infuse another Rs 300 crore into the airlineThe board has also approved a plan of increasing the fleet size of the airline to 50 aircraft by the end of March 2016.
- SpiceJet to issue warrants to promoters for fund raisingSpiceJet plans to issue over 6.4 crore convertible warrants, worth about Rs 125 crore at the current price, to its promoters to raise funds.
- Maran to take over as SpiceJet chairmanSUN TV Group promoter Kalanithi Maran will take over as chairman of the budget airline SpiceJet, and an announcement to this effect is like...
- Aviation ministry refuses to let Ross, Nabha board SpiceJetThe ministry feels the nine-member board of SpiceJet has four foreign nationals. Therefore, two more foreign nationals cannot be taken on b...
- Wilbur Ross picks up equity worth Rs 345 cr in SpiceJetWilbur Ross has picked up equity worth Rs 345 cr in SpiceJet. SpiceJet needed cash and was looking into seeking alternative investment. In ...
- 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.
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