SpiceJet has secured Rs 316 crore in investments, allocated equity shares and issued warrants to investors. The funding strengthens their f...

The airline hopes the capital infusion will help revive its grounded planes that continue to weigh on the financial results of the company....

Investment will help the airline to induct fresh capacity and reduce liabilities, thereby reducing cost of capital, said SpiceJet promoter ...

The 15-month high of Rs 52.29 was tested on the back of strong volumes of more than 30 million shares, which was way higher than the six-mo...

Maran has sought compensation due to losses incurred because of SpiceJet’s alleged failure to issue convertible warrants and preference sha...

As part of a share sale and purchase agreement, Marans have transferred their 58.46 per cent to Singh on February 23, SpiceJet said in a re...

"Today the entire 58.46 per cent stake of the Marans' have been transferred to Ajay Singh," sources close to the development said.

SpiceJet is expected to receive the second tranche of Rs 400 crore of the Rs 1,500 crore fund infusion from the new promoter Ajay Singh by ...

Sources 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.

The hectic parleys come at a time when the airline is likely to get the first round of its much-needed capital, as part of an estimated USD...

Shares of SpiceJet soared almost 10 per cent today on hopes that the company may get the first round of its much-needed fund infusion by Ja...

SpiceJet’s decision to reduce fleet size and cut flights to address capital woes has led to its comparison with the now-defunct Kingfisher.

Gulf carrier Qatar Airways is likely to invest in the debt-ridden SpiceJet by purchasing its parking slots overseas, official sources said.

SpiceJet's stock ended the day 3.32 per cent higher at Rs 17.10 on the BSE. During the day, the scrip gained 5.43 per cent to Rs 17.45.

At the time of announcing the results, the airline’s auditors had also expressed concerns about its liabilities exceeding its assets by Rs ...

SpiceJet promoter media baron Kalanithi Maran is pumping Rs 100 crore into the budget airline SpiceJet through a preferential offer of shar...

Budget carrier SpiceJet, which received an $80-million investment commitment from billionaire investor Wilbur Ross last month, has said the...