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SPICEJET PRINCIPAL DUES
SpiceJet vs KAL Airways, Kalanithi Maran: Airline confident of Rs 144 cr refund on completion of legal processSpiceJet is confident of a Rs 449 crore refund after a legal process, despite the Supreme Court declining its plea to challenge a Delhi Hig...- SpiceJet and Sun Group in fresh war of words over shareholders disputeThe Delhi High Court had set aside its earlier order upholding the arbitral award in favour of Kalanithi Maran and against low-cost airline...
- Despite problems, support for SpiceJet amongst principal stakeholders extremely strong: Ajay Singh“We are flying 40 aircraft at the moment. We expect to enhance that significantly, we are working on the plan.We will try and double our fl...
- SpiceJet vs Maran case: Delhi HC asks promoter Ajay Singh to pay outstanding amount by Sept 12The Delhi High Court has ordered SpiceJet and its promoter Ajay Singh to pay the remaining Rs 32.5 crore to Kalanithi Maran and Kal Airways...
- Supreme Court directs SpiceJet to pay Maran Rs 380-crore arbitration awardThe Supreme Court has directed SpiceJet, which had sought two more months to pay former promoter Kalanithi Maran an arbitration award of IN...
- Execution of Rs 578 cr arbitral award: SC refuses to extend time for SpiceJet to make payment to Maran, Kal AirwaysIn a jolt to low-cost airlines SpiceJet, the Supreme Court on Friday refused to extend the time for making payment to media baron Kalanidhi...
- Court directs SpiceJet to pay Rs 380 crore to former promoter Kalanithi MaranDelhi High Court has ordered SpiceJet to pay INR380 crore to its former promoter, Kalanithi Maran in a seven-year-old share transfer disput...
- HC directs SpiceJet to pay Rs 75 cr to Kalanithi Maran towards interest on arbitral awardMaran and Kal Airways had moved the high court over the share-transfer dispute, with SpiceJet demanding that 18 crore warrants redeemable a...
- Carlyle Aviation Partners to pick up 7.5% stake in SpiceJetCarlyle Aviation Partners is the commercial aviation investment and servicing arm of Carlyle's USD 143 billion Global Credit platform
- SpiceJet shares fall 4% after Supreme Court directs airline to pay Rs 270 cr to Kalanithi MaranOn Monday, the Supreme Court of India said the bank guarantee of Rs 270 crore of SpiceJet must be encashed immediately and the money be pai...
- SpiceJet rallies 18% as Middle Eastern airline looks to buy 24% stakeMeanwhile, SpiceJet has entered into a full and final settlement with the Airports Authority of India (AAI) and has cleared all outstanding...
- SpiceJet clears all dues with Airports Authority of IndiaThe airline will revert to advance payment mechanism for its daily operations, it added, days after the aviation regulator ordered the low-...
- SC asks SpiceJet & Marans to settle share transfer disputeSpiceJet has so far only offered to secure the principal amount, he said. The interest amount must now be secured, Dave told a bench led by...
- Indian airlines take hit as government suspends inbound visas in bid to stem Coronavirus spreadShares in budget airline SpiceJet Ltd skidded nearly 19% on Thursday morning even as it launched a sale offering tickets for as little as $...
- Kalanithi liable for SpiceJet 'tax defaults': Additional Solicitor GeneralThe Income Tax department today informed the Madras High Court that Kalanithi Maran was liable for the 'tax deducted at source (TDS) defaul...
- Promotional fares of 2013 diluted yields to unwarranted extent: Ajay SinghHaving bailed out SpiceJet to prevent a closure, Ajay Singh now plans to maintain steady cost reduction and raise revenues to enhance co’s ...
- Airports Authority of India now warns GoAir over rising dues after SpiceJetA senior AAI official said GoAir's dues are now Rs 42 crore, while its bank guarantee is for Rs 30 crore.
- Jet Airways gains on SpiceJet woes, up 80% in 2 weeksJet shares have soared 80% since November 25, on hopes the company would benefit from the recent mass flight cancellations by SpiceJet.
- Aviation is a very difficult industry: Paras Adenwala, Capital Portfolio AdvisorsAviation is a very difficult industry as we have seen in the past and that is not only in India but globally. There are more airlines that ...
- There is good value in our stock, if anything, it’s a buy opportunity: Neil Raymond Mills, SpiceJet, CEO'No. We have a successful business that makes money, as is Sun TV, which is a successful business and makes money in its own right.'
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