January 13, 2025
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SpiceJet Files Lawsuit Seeking Resolution on ₹ 579 Crore Refund to Kalanithi Maran

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SpiceJet and its founder Ajay Singh have lodged an appeal with the Delhi High Court to contest a ruling by a single judge endorsing an arbitration decision that mandates them to reimburse ₹579 crore, plus interest, to media magnate Kalanithi Maran. The appeals were brought before a division bench led by Justices Yashwant Varma and […]Continue Reading
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Bailout plan for SpiceJet

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A former part-owner of SpiceJet Ltd is leading a 12 billion rupees bailout plan to rescue the budget carrier from collapsing, two Indian newspapers reported on Friday. SpiceJet, India’s second largest low-cost airline, ran out of cash this week to pay its creditors, forcing the airline to temporarily ground its fleet when it could not […]Continue Reading

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