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SPICEJET INVESTMENT
Airport privatisation: Government weighs bid cap to boost competitionIndia is redefining the rules of the game with its upcoming airport privatisation plans, aiming to curb monopolistic tendencies in the avia...- 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...
- SpiceJet Promoter Ajay Singh completes ₹500 crore equity infusion into airlineSpiceJet's founder Ajay Singh has infused ₹294.09 crore into the airline by converting warrants to equity shares, raising the promoter grou...
- Ajay Singh injects Rs 294 crore into SpiceJet, promoter stake rises to 33%SpiceJet will receive approximately Rs 294 crore from founder Ajay Singh, boosting the promoter group shareholding to over 33%. Singh's cap...
- 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 shares rally 8% on settling over $16 million dispute with GenesisShares of SpiceJet surged 7.8% to an intraday high of Rs 60.70 on the BSE after the company announced the settlement of its $16 million dis...
- 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...
- 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...
- Evincing interest to invest, few parties have approached us: SpiceJetThe Gurgaon-headquartered airline also clarified that it has not entered into any interline arrangement with any other airline as reported ...
- Don't fleece flyers grounded by SpiceJet's woes: DGCA"We have asked airlines to charge a reasonable fare from passengers of SpiceJet’s flights that have been cancelled at the last minute," sai...
- Co-founder Ajay Singh may re-enter to rescue SpiceJetThere was buzz that SpiceJet promoter Kalanithi Maran was in talks with Singh some months back for investing in the airline.
- SpiceJet signs up interline agreement with Tiger Airways, Share price surgesHyderabad's RGIA, run by GMR Group, will be the first Indian airport to facilitate the connecting flights between SpiceJet and Tigerair.
- 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...
- 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...
- 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...
- 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 ...
- Tatas may double stake in SpiceJetTata Group is to double its stake in SpiceJet to around 14% and involve itself in the management.
- 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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