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SpiceJet board okays Rs 2,250 crore capital infusion

Unique Times December 13, 2023 0

SpiceJet’s Board of Directors has given the green light to a plan aimed at raising over Rs 2,250 crore in fresh capital for the airline. This capital infusion will be achieved through the issuance of equity shares to a diverse set of investors, including Financial Institutions, FIIs, Continue Reading

Business Featured Latest News

SpiceJet Files Lawsuit Seeking Resolution on ₹ 579 Crore Refund to Kalanithi Maran

Unique Times August 25, 2023 0

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

Bailout plan for SpiceJet

Unique Times December 19, 2014 0

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

SpiceJet board okays Rs 2,250 crore capital infusion

Bailout plan for SpiceJet

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