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SPICEJET FUND INFUSION
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's Ajay Singh may sell over 10 pc stake in airline to raise fundsAjay Singh, SpiceJet's chairman, may offload over 10% of his stake in the airline as part of a funding round closing by September's end. Th...
Spicejet, Carlyle Aviation enter into term sheet to restructure certain aircraft lease obligationsSpiceJet has announced a term sheet agreement with Carlyle Aviation Management to restructure aircraft lease obligations amounting to $137....
Spicejet plans to raise over Rs 3,200 cr via debt, equityCash-strapped domestic carrier Spicejet plans to raise over Rs 3,200 crore through various debt and equity instruments and capital infusion...
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 shares fall over 4% as investors remain apprehensive of fund infusionCash-strapped SpiceJet is short on liquidity, and investors are apprehensive about fund infusion, CNBC-TV18 said, citing sources. Additiona...
SpiceJet set to lay off 1,400 employeesStaff cuts have become necessary because of the carrier's ₹60 crore salary bill, said people with knowledge of the matter. "People have alr...
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 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....
SpiceJet to soon start flights to Lakshadweep, says Ajay SinghAs on January 7, SpiceJet had 39 aircraft in operations while 26 were on the ground, as per data available on fleet tracking website Planes...
SpiceJet promoter Ajay Singh on how the Rs 2,254 crore lifeline will help the airline expand capacityInvestment will help the airline to induct fresh capacity and reduce liabilities, thereby reducing cost of capital, said SpiceJet promoter ...
Carlyle to acquire 5.91% stake in SpiceJet at Rs 48 per shareSpiceJet is seeking shareholder approval to grant a 5.91% stake in the company to Carlyle Aviation Partners, which is the aircraft financin...
Ajay Singh to infuse Rs 500 crore in SpiceJetSpiceJet promoter Ajay Singh will infuse Rs 500 crore into the airline to enable it to make full use of the Indian government’s Emergency C...
MHA conducting background check of new owner of SpiceJet Ajay SinghSpiceJet paid these dues after Singh infused a Rs 500 crore in the carrier late last month as part of his overall Rs 1,500-crore investment...
Hectic parleys on as SpiceJet awaits investment; shares soarThe hectic parleys come at a time when the airline is likely to get the first round of its much-needed capital, as part of an estimated USD...
SpiceJet almost regular with payments: BOC AviationAs financial crunch continues to trouble SpiceJet, aircraft leasing firm BOC Aviation today said the low-cost carrier is "almost" regular w...
SpiceJet shares surge 10% on hopes of capital infusionShares of SpiceJet soared almost 10 per cent today on hopes that the company may get the first round of its much-needed fund infusion by Ja...
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.
- Kalanithi Maran to infuse Rs 100 crore in SpiceJet
SpiceJet promoter media baron Kalanithi Maran is pumping Rs 100 crore into the budget airline SpiceJet through a preferential offer of shar...