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SPICEJET SHARE ISSUE
IndiGo, SpiceJet shares rally up to 4% as crude oil prices fall below pre-war levels after 42% crashAviation stocks, including IndiGo and SpiceJet gained after crude oil prices declined sharply as supply concerns eased following progress i...- Ashok Leyland, Tata Motors and other CV stocks soar up to 9%. What’s triggering the surge?US and Iran have reached an initial peace agreement to end their nearly four-month conflict, restore shipping through the Strait of Hormuz,...
- 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...
- Air passenger traffic drops in April amid demand, cost pressuresIndian domestic air travel saw a dip in April. Passenger numbers fell compared to both March and the previous year. Airlines faced challeng...
- 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...
- If crude stays high, Indian aviation faces margin squeeze, demand risk: Oil AnalystIndian aviation faces tough times as fuel prices remain high. Aviation Turbine Fuel costs are a major burden for airlines. This pressure is...
- 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...
- 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...
- UK court orders SpiceJet to pay $8 million to engine lessor over unpaid duesA UK judiciary has ruled that SpiceJet owes Sunbird France 02 SAS nearly $8 million for missed rent and upkeep on three aircraft engines. T...
- SpiceJet approves 48.7 crore share issue for Rs 3,000 crore QIP at Rs 61.60 apieceSpiceJet has received shareholder approval to raise up to Rs 3,000 crore through a special resolution. The airline intends to use the funds...
- 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 to raise Rs 2,250 crore via equity routeSpiceJet's proposed preferential issue will have investors like Elara India Opportunities Fund, Aries Opportunities Fund, Mahapatra Univers...
- No independent valuation needed for SpiceJet's preferential share sale: SebiThe stressed airline had written to Sebi seeking clarification on whether the share allotment will fall under which section of the Issue of...
- SC to consider plea for mediation to settle disputes between SpiceJet & Kalanithi MaranA bench comprising Chief Justice N V Ramana and Justices J K Maheshwari and Hima Kohli was apprised by senior advocate Mukul Rohatgi, appea...
- Ajay Singh may not have to dilute stake in airlineA SpiceJet executive said the amount the airline has to pay is already deposited in an escrow account as per an earlier order of the Delhi ...
- 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...
- Don't transfer shares till next date: Delhi HC to Spicejet"Till next date of hearing the respondent (Spicejet) is restrained from transferring the shares and issuance of the share," Justice Manmoha...
- 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.
- 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 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.
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