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SPICEJET FUNDING ISSUES
SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...- 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...
- SpiceJet clears salary dues days after raising Rs 3,000 cr via QIPSpiceJet has cleared all salary dues for its employees, covering payments for July, August, and outstanding June salaries, following its re...
- Madhu Kela among top investors leading SpiceJet's Rs 3,000 crore QIP responseSpiceJet's QIP received strong investor response, with marquee investors like Madhu Kela's family office participating. The company aims to...
- SpiceJet makes shocking revelation of not paying ₹350 crore in TDS and PF of employeesSpiceJet, facing severe financial strain, has admitted to not paying Rs 220 crore in TDS and Rs 135.3 crore in PF dues from April 2020 to A...
- SpiceJet is struggling to defy gravity. What are the odds?SpiceJet, once a leading airline, is grappling with severe financial distress. Grounded aircraft, unpaid dues, and a dwindling market share...
- 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 settles Rs 93 cr dispute with Cross Ocean PartnersSpiceJet informed the Delhi High Court about settling its Rs 93 crore dispute with aircraft leasing firm Cross Ocean Partners. As part of t...
- 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’s Rs 2,242-crore fund infusion plan gets BSE nodThe in‐principle approval from BSE allows SpiceJet to proceed with the process of fund infusion, providing the airline with the necessary f...
- SpiceJet to raise Rs 2,250 crore via equity routeSpiceJet's proposed preferential issue will have investors like Elara India Opportunities Fund, Aries Opportunities Fund, Mahapatra Univers...
- SpiceJet says TDS process has begun, co will deposit 'substantial' amount towards PF soonIndian budget carrier SpiceJet has reportedly not deposited money into its employees' pension funds for at least 18 months and has not subm...
- SpiceJet employees protest over non-payment of full salaries; issue resolved, says airlineAmong the domestic carriers, SpiceJet is in a precarious financial stage and the airline has barely been able to manage payment to various ...
- Former promoter Kalanithi Maran seeks over Rs 2,000 crore compensation from SpiceJetMaran has sought compensation due to losses incurred because of SpiceJet’s alleged failure to issue convertible warrants and preference sha...
- SpiceJet future 'now looks secure', says Chief Operating Officer Sanjiv KapoorSpiceJet's top executive Sanjiv Kapoor said the difficult period created by some "legacy issues" are over for the carrier.
- SpiceJet’s decision to reduce its fleet size and cut down on flights not alike Kingfisher’sSpiceJet’s decision to reduce fleet size and cut flights to address capital woes has led to its comparison with the now-defunct Kingfisher.
- 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.
- Kalanithi Maran to infuse Rs 100 crore in SpiceJetSpiceJet promoter media baron Kalanithi Maran is pumping Rs 100 crore into the budget airline SpiceJet through a preferential offer of shar...
- SpiceJet promoter Kalanithi Maran pledges 86.17% shares in the airlineAccording to industry sources, the heavily cash strapped airline is looking for funding its aircraft acquisition for regional operations.
- Tatas may double stake in SpiceJetTata Group is to double its stake in SpiceJet to around 14% and involve itself in the management.
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