No question of ‘amicable settlement’ with SpiceJet: Sun group on ₹380-cr award
SpiceJet says the final amount to be paid by either side will be determined by Delhi HC, and that orders in this petition were reserved and are awaited
SpiceJet says the final amount to be paid by either side will be determined by Delhi HC, and that orders in this petition were reserved and are awaited
SC refuses to grant any extension to SpiceJet, directs to pay ₹380 cr to ex-promoter Maran in the 2018 arbitration award case
The recent bankruptcy filing by rival GoFirst has thrown the spotlight yet again on SpiceJet, with many convinced it may be next in line
SpiceJet has initiated the process of reviving its grounded fleet with the $50 million funds received from ECLGS and internal cash accruals.
Shares of SpiceJet plunged as much as 4.8% to ₹36.50 apiece on the National Stock Exchange (NSE).
The no-frills carrier says the salaries of trainers and senior first officers have also been increased commensurately. The hike will be applicable from Nov 1.
SpiceJet board approves fresh capital infusion of up to $200 million.