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SPICEJET PROMOTER
Delhi HC dismisses SpiceJet and its promoter Ajay Singh's review plea in case against Maran-Kal AirwaysThe Delhi High Court dealt a blow to SpiceJet and its founder Ajay Singh by rejecting their review petitions, accompanied by a cost penalty...
Delhi High Court reserves order on SpiceJet's plea to review Rs 144 cr payment order in dispute with MaranThe Delhi High Court has announced it will take more time to decide on a review petition presented by SpiceJet and its head, Ajay Singh. Th...
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...
Maran case: SpiceJet asks for more time to deposit Rs 144 crSpiceJet faces a critical juncture. The airline informed the Delhi High Court that an immediate Rs 144 crore deposit in a dispute with Kala...
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...
SpiceJet founder Ajay Singh to infuse Rs 294 crore into airline boosting promoter stake to 33.47%Ajay Singh, the Founder of SpiceJet, will invest Rs 294.09 crore into the airline by converting warrants into equity shares, increasing his...
SpiceJet's engine lessors reject promoter Ajay Singh's offer to pledge personal shares towards airline's liabilityTeam France and Sunbird France had moved the HC in December, alleging the airline had not paid them their past dues for over two years and ...
SpiceJet refutes KAL, Maran's Rs 1,323 cr damages claim, terms it 'legally untenable'SpiceJet refuted the Rs 1,323 crore damages sought by Kalanithi Maran and KAL Airways as legally untenable. Maran and KAL plan to challenge...
SpiceJet promoter Ajay Singh to infuse Rs 500 crore in airline to boost financial positionThe infusion will be done through subscription to equity shares or convertible securities on a preferential basis.
SpiceJet promoter Ajay Singh invests in healthcare startup Flebo"Labs need not hire their own individual home collection agents anymore. Flebo allows impaneled labs to expand their reach to customers bey...
Former promoter Kalanithi Maran seeks over Rs 2,000 crore compensation from SpiceJetMaran has sought compensation due to losses incurred because of SpiceJet’s alleged failure to issue convertible warrants and preference sha...
SpiceJet to issue warrants to promoters for fund raisingSpiceJet plans to issue over 6.4 crore convertible warrants, worth about Rs 125 crore at the current price, to its promoters to raise funds.
SpiceJet to issue convertible securities to promoter, may fetch budget airline nearly Rs 200 croreSpiceJet today said it would issue convertible warrants to its promoter, which could fetch the budget airline nearly Rs 200 crore at the cu...
- 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...
- SpiceJet promoter Kalanithi Maran pledges 86.17% shares in the airline
According to industry sources, the heavily cash strapped airline is looking for funding its aircraft acquisition for regional operations.
- Spicejet promoter Kal Airways pledges 87 per cent of stake
Low-cost airline Spicejet on Friday said its promoter group firm Kal Airways has pledged 86.17 per cent of its total holding in the company.
- Mallya-SpiceJet may not take off
Differences have cropped up between UB group chairman Vijay Mallya and promoters of low-cost carrier SpiceJet over the airline’s valuation....