SpiceJet eyes fleet and market expansion amid low oil pricesHad we needed to we could have actually raised a significantly higher amount. But we think that this amount is sufficient to fund SpiceJet'...
25 Sep, 2024, 10.59 AM IST
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...
23 Sep, 2024, 02.11 PM IST
Top funds bet on revival of SpiceJetSpiceJet has secured Rs 3,000 crore through a share sale to institutional investors, including Tata Mutual Fund and Goldman Sachs. This fun...
21 Sep, 2024, 05.19 PM IST
Why Ajay Singh of troubled SpiceJet seeks redemption in bankrupt Go FirstAjay Singh, known for turning around airlines, has bid for the bankrupt Go First airline. However, his own airline, SpiceJet, is also facin...
20 Feb, 2024, 04.45 PM IST
Supreme Court directs SpiceJet to clear $1.25 million dues to Credit Suisse by March 15The Supreme Court instructed SpiceJet to settle its outstanding dues of $1.25 million to Credit Suisse by March 15 in a payment dispute tot...
19 Feb, 2024, 07.08 PM IST
SpiceJet gets shareholders' nod for equity fundraisingThe airline hopes the capital infusion will help revive its grounded planes that continue to weigh on the financial results of the company....
10 Jan, 2024, 09.47 PM IST
SpiceJet Q2 Results: Net loss narrows to Rs 449 crore; revenue falls 27% YoYThe company had posted a profit of Rs 198 crore in the preceding June quarter. During the quarter, the passenger RASK increased by 11% due ...
12 Dec, 2023, 04.03 PM IST
SC warns SpiceJet chief of 'drastic action' in Credit Suisse default caseA bench comprising justices Vikram Nath and Ahsanuddin Amanullah said "drastic steps" will be taken towards Singh if he failed to comply wi...
12 Sep, 2023, 12.27 AM IST
SpiceJet to repay Kalanithi Maran and Credit Suisse as per court directionsSpiceJet Ltd. has announced that it will complete the payment dues to former promoter Kalanithi Maran by tomorrow, as directed by the Delhi...
11 Sep, 2023, 09.00 PM IST
SpiceJet repays Rs 100 cr loan to City Union Bank, frees pledged collateralsIndian airline SpiceJet has completed the full repayment of a loan worth Rs 100 crore ($13.4 million) to City Union Bank. The final tranche...
03 Jul, 2023, 03.55 PM IST
HC allows winding-up plea against SpiceJet by Credit Suisse AGThe court ruled this in a case filed in 2015, when Credit Suisse AG approached the court to receive the payment assigned to it by the Switz...
07 Dec, 2021, 07.42 AM IST
SpiceJet promoter Ajay Singh readies $1 billion war chest for Air India bidThe SpiceJet promoter will use a combination of his shares in the listed company and equity that will be allocated to him as part of a plan...
16 Jul, 2021, 10.02 AM IST
IndiGo may report Rs 2,670 crore loss for June quarter, SpiceJet losses likely to be at Rs 1,000 crore: ReportThe international operations, which were suspended from March 22, will however, remain grounded till at least July 31.
08 Jul, 2020, 10.08 PM IST
SpiceJet may post decent earnings with cheap fuel and fundsThe listed airline, controlled by Ajay Singh since January, posted profits of Rs 71 crore in the June 2015 quarter thanks to a drop in oil ...
09 Oct, 2015, 04.04 AM IST
Ex-Promoter Ajay Singh and two ‘blue-chip’ investors may pilot SpiceJet out of money troubleEx-promoter Singh, closely associated with ruling BJP, embarked on a hectic series of meetings with aviation ministry officials.
19 Dec, 2014, 07.04 AM IST
Spicejet seeks shareholders' nod to hike promoters holdingBudget carrier Spicejet has sought shareholders' approval to increase the promoters stake in the company by almost 5 per cent.
13 Jan, 2014, 05.07 PM IST
- Jet Airways records biggest quarterly loss; Rs 240 crore loss for Spicejet
Ironically, in the July-September quarter last year, the industry was boasting of an impressive turnaround led by Jet Airways.
12 Nov, 2011, 06.21 AM IST