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SUN SPICEJET CASE
SpiceJet taken off DGCA's enhanced surveillance regimeIndia's Directorate General of Civil Aviation (DGCA) has discontinued enhanced surveillance of SpiceJet. The move comes after DGCA inspecto...
No question of amicable settlement with SpiceJet: Sun GroupLast week, the Supreme Court had directed SpiceJet to pay the entire arbitral amount of Rs 380 crore to its former promoter Kalanithi Maran...
Supreme Court directs SpiceJet to pay Maran Rs 380-crore arbitration awardThe Supreme Court has directed SpiceJet, which had sought two more months to pay former promoter Kalanithi Maran an arbitration award of IN...
Spicejet should consider giving some interest to Kal Airways, Kalanithi Maran: Supreme CourtA bench comprising Chief Justice N V Ramana and Justices Krishna Murari and Hima Kohli has now fixed the case for further hearing on April ...
Ex-promoter Kalanithi Maran and promoter Ajay Singh start SpiceJet dogfightKalanithi Maran of Sun Group, the former promoter of SpiceJet, has dragged current promoter Ajay Singh and the airline to the Delhi High Co...
Delhi HC paves way for issuance of warrants in Spicejet to Kalanithi MaranAs per the plea of Sun group head Kalanithi Maran, he and KAL were to be issued stock warrants in Spicejet by the airline under a 2015 sale...
Kalanithi Maran in Delhi HC over share transfer dispute with SpicejetSpicejet said that there was no fear of transferring shares to a third party or to Maran as the shares have not yet been issued by the comp...
Delhi court summons unfortunate, we are not tax dodgers: Kalanithi Maran, Sun GroupMaran said SpiceJet was the only company in Sun Group that 'had difficulty in making timely payments during 2014' as the industry faced 'ch...
SpiceJet to add 7 Boeing 737 aircraft; another Rs 500 cr infusion in AprilBudget carrier SpiceJet plans to lease 7 more Boeing 737 aircraft by May while another Rs 500 crore is expected to be infused by its new ow...
Aviation Ministry pushes banks for SpiceJet bailout; asks to lend Rs 600 croreThe civil aviation ministry pushed for a bailout of SpiceJet on Tuesday, calling on banks to give the carrier up to Rs 600 crore.
Thousands flyers stranded as SpiceJet scraps many flightsIn Delhi, SpiceJet cancelled 12 flights On Tuesday morning. Instead of 15 departures the airline operated just three — including Indore and...
Is the Sun rising for Kalanithi Maran? Depends on CBISpiceJet has posted a profit and Sun TV has made peace with a state-run distribution entity. But Maran's clout is down and there's the tele...
- 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.
- Analysts stand by SpiceJet stock
“The company has enough cash and was in good shape even before Maran took over,” Angel Broking aviation analyst Sharan Lillaney said.
- 2G scam: Sun TV Network, SpiceJet losing investor confidence due to alleged role in the 2G spectrum corruption
Sun TV Network and SpiceJet are the latest victims of the telecom scandal that is threatening to tear apart the Maran family business empir...
- Sell SpiceJet and Sun TV: Prakash Diwan, Networth Stock Broking
I would still give the benefit of doubt to SpiceJet because the fundamentals possibly could be slightly divergent from the sentiment but Su...
- Kalanithi all set to fly with 37% in SpiceJet
W L Ross and Ishtitmar on Friday converted bonds into equity shares of SpiceJet as Sun TV promoter Kalanithi Maran inches closer to acquire...