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SPICEJET FUNDS
SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...- India’s youngest airline adds flights while Iran war crimps rivalsIndia's youngest airline, Akasa Air, is emerging as a significant competitor, expanding capacity by 13.2% while major carriers like IndiGo ...
- Jio Financial, ITC Hotels and Manappuram Finance among stocks bought and sold by mutual funds in AprilMutual funds injected Rs 30,600 crore into Indian equities in April, with significant buying in ICICI Bank, SBI, and Sun Pharma. Key reduct...
- 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...
- Stocks in news: RIL, TCS, IDFC First Bank, BPCL, SpiceJetIndian equity markets saw profit booking on April 9, ending a five-day rally. Several companies like RIL, TCS, and IDFC First Bank are in f...
- SpiceJet delays June salaries, says disbursing in 'phased way'SpiceJet in Mumbai has delayed June salary payments and previously defaulted on provident fund contributions. Despite the situation, SpiceJ...
- Cash-strapped SpiceJet raises Rs 316 crore as part of funding planBudget carrier SpiceJet raised Rs 1,060 crore through its preferential issue, with investors including Aries Opportunities Fund Ltd. and El...
- 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 completes raising of Rs 744 crore as part of fundraising planLow-cost airline SpiceJet completes Rs 744 crore refinancing plan with the allotment of equity shares and warrants on a preferential basis....
- 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 list on NSE; may get Rs 1,300 cr lifeline from two 'big investors'; stock up 35% in 3 daysSpiceJet may receive a crucial boost as the airline's board prepares to convene on Monday to explore fundraising initiatives. According to ...
- SpiceJet board to meet on July 12 to consider options for raising fresh capitalIn May, SpiceJet clarified and assured investors that it has no plans of filing for insolvency even as it faces a financial crunch. “There ...
- SpiceJet to consider options for raising fresh capital on February 24"The board of directors of the company in its meeting scheduled to be held on February 24, 2023 (Friday), will discuss and consider, inter-...
- Investor consortium led by Indigo Partners to invest Rs 1400 crore in SpiceJetTPG Capital & JPMorgan Infra Fund are the other two. Indigo Partners may back Ajay Singh to own 26% in SpiceJet to have considerable author...
- 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...
- Kalanithi Maran to infuse Rs 100 crore in SpiceJetSpiceJet promoter media baron Kalanithi Maran is pumping Rs 100 crore into the budget airline SpiceJet through a preferential offer of shar...
- SpiceJet promoter Kalanithi Maran pledges 86.17% shares in the airlineAccording to industry sources, the heavily cash strapped airline is looking for funding its aircraft acquisition for regional operations.
- Tatas may double stake in SpiceJetTata Group is to double its stake in SpiceJet to around 14% and involve itself in the management.
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