SpiceJet to seek ₹450 cr refund from Maran after HC ruling; stock up 3%
Ajay Singh-led budget airline says the Delhi high court division bench recently ruled in its favour in share transfer case against former promoter
Ajay Singh-led budget airline says the Delhi high court division bench recently ruled in its favour in share transfer case against former promoter
Shares of SpiceJet rose 4% to ₹65.40 in intraday trade on the BSE.
India's aviation industry watches open-mouthed as Spicejet’s Ajay Singh attempts to take on more headaches than he already has
Representatives from SpiceJet and Celestial Aviation informed the NCLT last week that settlement terms had been reached and requested an adjournment, which the court granted.
Calling it a “strategic move”, SpiceJet says the collaboration will generate synergies between the two carriers, and improve cost management, revenue growth
Through the cost-cutting move, SpiceJet says it'll have an annual saving of up to ₹100 crore
SpiceJet is poised to launch non-stop flights connecting Ayodhya with Chennai, Bengaluru, and Mumbai, commencing from February 1, 2024.
The budget airline's stock soared 9% in intraday trade today to hit a high of ₹58.30 on the BSE.
SpiceJet to issue 13 cr convertible warrants and 32 cr shares at issue price of ₹50 apiece
“SpiceJet has complied with the directive of the Supreme Court by remitting $1.5 million to Credit Suisse,” the airline says in an exchange filing.