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SPICEJET FOREIGN INVESTMENTS
Centre offers to bail out airlines with Rs 4,000-crore loanIndia plans a ₹4,000 crore emergency credit scheme for airlines, offering sovereign guarantees of up to ₹1,000 crore per carrier to ease st...- Why Goldman, Morgan Stanley are betting on SpiceJet despite all its troublesSpiceJet has raised Rs 3,000 crore through a share sale to institutional investors, including Goldman Sachs and Nomura Singapore. The funds...
- Aided by a turnaround in fortunes, SpiceJet in talks to buy 150 planesSpiceJet is in talks to buy 100 narrow-bodied aircraft (Boeing 737 MAX or Airbus 320 Neo) and 50 turboprop aircraft.
- 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...
- SpiceJet withdraws plea from HC against Irish lessorSpiceJet told a bench of Chief Justice G Rohini and Justice RS Endlaw that it has arrived at a settlement with Wilmington Trust SP Services.
- SpiceJet accepts CEO Neil Mills' resignationBudget carrier SpiceJet has accepted the resignation of its chief Executive Niel Raymond Mills, 18 months before his service contract was t...
- SpiceJet in 'advanced' stage of discussion for stake sale"Discussions are going on with a foreign carrier. We hope to conclude these negotiations expeditiously," a source said.
- FII holdings in Spicejet doubles in December quarterSpiceJet posted robust results, with a profit of Rs 102 crore on revenue of Rs 1,602.6 crore in the third quarter.
- Qatar Airways may buy stake in SpiceJetSpiceJet to get FDI from Qatar Airways. The company is in talks with some foreign carriers and the deal could materialize this quarter.
- Jet Airways and SpiceJet stocks soar on stake sale buzzTwo persons in the know of the matter confirmed to ET that the airlines are exploring partnership, they said it is too early to talk.
- FIIs increase shareholding in Kingfisher Airlines, cut in Jet Airways and SpiceJetForeign investors cut their stake in the Naresh Goyal-owned Jet Airways to 4.81% from 7.12% as well as in the Kalanithi Maran-owned SpiceJe...
- Maran's SpiceJet offer puts spotlight on TatasThe group purchased a 7.5% equity interest in SpiceJet in 2006, in what was then seen as its soft entry into airline sector for around Rs 1...
- Bravia Cap plans $40 million investment in SpiceJetBravia Capital Partners has proposed to pump $40 million into SpiceJet, answering the country's second-largest low-cost carrier's call for ...
- Kalanithi's Rs 700-cr offer not too hot for SpiceJet ownersThe deal, if it goes through, will be combination of share sale by existing shareholders and issue of new shares to Mr Maran. GVK to buy Bi...
- Kalanithi's Rs 700-cr offer not too hot for SpiceJet ownersKalanithi Maran, media baron and promoter of Sun TV, and the promoters of SpiceJet are sparring over the price being offered for a majority...
- SpiceJet looks to rope in new investor as Istithmar exitsGurgaon-based low-cost carrier SpiceJet has appointed the investment banking arm of financial services company Edelweiss to find a strategi...
- SpiceJet plans to buy low-cost carrierSpicejet is looking at acquiring a domestic low-cost carrier (LCC) and diluting minority stake to a foreign carrier, according to its chief...
- SpiceJet open to equity dilution to foreign airlinesDelhi-based low-cost carrier, SpiceJet, is open to the idea of equity dilution to foreign airlines, if the overseas carriers are allowed to...
- 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...
- Deal with Ross is ‘alive’, says SpiceJetBudget carrier SpiceJet, which received an $80-million investment commitment from billionaire investor Wilbur Ross last month, has said the...
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