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Ashok Leyland, Tata Motors and other CV stocks soar up to 9%. What’s triggering the surge?US and Iran have reached an initial peace agreement to end their nearly four-month conflict, restore shipping through the Strait of Hormuz,...
IndiGo, SpiceJet and other tourism stocks surge up to 7% as US-Iran deal lifts sentimentIndian airline and travel stocks up to 7% surged as U.S. President Trump announced an initial agreement to end the war and reopen the Strai...
Sunbird Dispute: HC asks SpiceJet to disclose its assetsSpiceJet must reveal its assets to Sunbird France. The lessor seeks payment for unpaid lease rentals and engine maintenance. A UK court ord...
Sunbird takes SpiceJet to HC over $8 million unpaid lease duesSunbird France has approached the Delhi High Court to enforce a UK court order. The order directs SpiceJet to pay approximately $8 million ...
Ahead of Market: 10 things that will decide stock market action on ThursdayDomestic equity benchmarks ended marginally higher after four sessions of losses, supported by gains in metal, energy and consumer stocks. ...
Jio Financial, ITC Hotels and Manappuram Finance among stocks bought and sold by mutual funds in AprilMutual funds injected Rs 30,600 crore into Indian equities in April, with significant buying in ICICI Bank, SBI, and Sun Pharma. Key reduct...
Ahead of Market: 10 things that will decide stock market action on ThursdayIndian stock markets saw a strong upward trend on Wednesday. The Nifty 50 and Sensex both closed higher, driven by gains in auto, FMCG, and...
Ahead of Market: 10 things that will decide stock market action on TuesdayThe Nifty 50 and BSE Sensex rebounded on broad-based buying led by pharma, IT, auto and metals. Volatility eased, while analysts signalled ...
Maran case: SpiceJet asks for more time to deposit Rs 144 crSpiceJet faces a critical juncture. The airline informed the Delhi High Court that an immediate Rs 144 crore deposit in a dispute with Kala...
Stocks in news: RIL, TCS, IDFC First Bank, BPCL, SpiceJetIndian equity markets saw profit booking on April 9, ending a five-day rally. Several companies like RIL, TCS, and IDFC First Bank are in f...
UK court orders SpiceJet to pay $8 million to engine lessor over unpaid duesA UK judiciary has ruled that SpiceJet owes Sunbird France 02 SAS nearly $8 million for missed rent and upkeep on three aircraft engines. T...
SpiceJet finalises settlement with Engine Lease Finance Corporation to resolve $16.7 mn liabilitiesSpiceJet has resolved its dispute with Engine Lease Finance Corporation (ELFC) through a settlement. ELFC had initially claimed $16.7 milli...
SC dismisses SpiceJet’s appeal, upholds grounding of leased enginesThe Supreme Court has upheld a Delhi High Court order directing SpiceJet to ground and return three engines to lessors Team France 01 SAS a...
SpiceJet gets weekend task from SC to stop losing three engines to lessorsThe Supreme Court instructed SpiceJet to negotiate with its lessors over the weekend regarding three engines that must be returned due to n...
Delhi HC upholds its order directing SpiceJet to return leased engines amid financial strugglesThe Delhi High Court upheld an order requiring SpiceJet to ground and return three engines to lessors Team France 01 SAS and Sunbird France...
NCLT to hear insolvency plea filed by Engine Lease Finance against SpiceJet on August 2The National Company Law Tribunal (NCLT) has sent a notice to SpiceJet following an insolvency plea initiated by Engine Lease Finance BV, a...
Dispute with Raymach Tech settled: SpiceJet to NCLTSpiceJet Ltd settled a dispute with Raymach Technologies over ₹2.7 crore worth of unpaid dues at the National Company Law Tribunal.
Engine Lease Finance moves insolvency plea against SpiceJetSpiceJet, a low-budget airline, has filed an insolvency plea against its debt-ridden debtor, Engine Lease Finance BV, over non-payment of o...
SpiceJet case: Third party agency to inspect condition of engine to avoid dispute later on, HC saysThe Delhi High Court asked for the name of a third-party agency to inspect and certify the condition of SpiceJet's engine, which was leased...
SpiceJet engineering employees end strike, return to workEngineering staff of SpiceJet staged protests across the country demanding restoration of salaries and other benefits on Monday but operati...