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SPICEJET SALARY NEWS
SpiceJet deposits 10 months of PF dues after raising Rs 3,000 cr via QIPSpiceJet has deposited ten months' worth of Provident Fund (PF) dues, following the recent clearance of all its Goods and Services Tax (GST...
SpiceJet clears employee dues till August after fundraisingSpiceJet has cleared all pending salary dues of its employees after securing a fresh capital infusion of Rs 3,000 crore. Salaries for July ...
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...
Revival of bankrupt Go First airline will 'Spice' up India's aviationGo First receives bid from Ajay Singh and Busy Bee Airways, blaming Pratt & Whitney for revenue losses. SpiceJet plans to partner with Go F...
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...
Will the revamped ECLGS package bring an end to SpiceJet's troubles?SpiceJet has been scouring for funds and needs around Rs 2,000 crore to safely navigate the turbulent skies. High aviation fuel prices have...
SpiceJet may be defaulting on EPF: How to check if your employer is depositing itIn Budget 2021, the government amended the income tax law to ensure that employers deposited employees' EPF dues on time.
SpiceJet's Ajay Singh in talks with Middle Eastern carrier, Indian co for partial stake saleSpiceJet promoter Ajay Singh is exploring a partial stake sale in the cash-strapped carrier and is in talks with a Middle Eastern carrier a...
No 'unusual sick reporting', all pilots have reported for duty: SpiceJetSpiceJet clarified that there is no "unusual sick reporting" on Thursday and all pilots have reported for duty, claiming that a concerted m...
SpiceJet didn't need a father and a stepfather: Sanjiv Kapoor, former Spicejet COOSanjiv Kapoor talks about his decision to quit, join Vistara and SpiceJet’s health, among a host of topics in an interview with Binoy Prabh...
What went wrong for SpiceJet at a time when it was headed to recovery & will it survive?The low-cost airline owned by Sun Group’s Kalanithi Maran was headed to recovery. What went wrong? Will it survive?
Promoters will infuse funds to revive airline: SpiceJet to Govt“The promoters are committed to the airline and they are very much interested. We have a number of solid financial plans,” SpiceJet COO San...
SpiceJet operations grounded as oil companies stop fuel supplyBesides, it will also request the Finance Ministry to permit external commercial borrowing (ECB) for working capital as special dispensatio...
SpiceJet sinks over 6% despite airline's talk on funds'SpiceJet management have informed us that the airline is getting investments from promoters. They have, however, not specified on the amou...
SpiceJet tries to assure DGCA; regulator seeks 'concrete plan'Officials at the DGCA said they wouldn’t soften their tough stand on the beleaguered carrier unless it produces a “concrete plan.”
Beaten down Spicejet pulls back; rallies over 10% intradayEven as Spicejet continues to fly in turbulent weather, its share price surged over 10 per cent intraday after a sharp fall recently.
SpiceJet cancels over 1,800 flights in domestic sectorThe air carrier has cancelled a total of 1,861 flights, a few to Kathmandu in Nepal and all others connecting domestic cities, till Dec 31,...
DGCA to not review move to impose curbs on SpiceJet; stocks falls nearly 13%piceJet Ltd slipped as much as 12.8 per cent in trade on Monday, after the DGCA said it won't review its decision to impose curbs.
Government rules out bail-out measure for cash-strapped budget carrier SpiceJetThe Civil Aviation Minister justfied the actions taken by the DGCA against the airline including withdrawal of its unused slots for flight ...