Page 25 - Spicejet

Who owns SpiceJet? Kalanithi Maran claims deal with Ajay Singh is dead

SpiceJet spokesperson says former promoters' claims are baseless and false

Did you know? Ajay Singh bought SpiceJet for only Rs 2 from the Marans

Singh took control of the airline last January acquiring 58.46 per cent shares of the airline

Share transfer dispute: SpiceJet must deposit Rs 579 cr, Delhi HC rules

The Delhi High Court on Monday dismissed budget carrier Spicejet and its co-founder Ajay Singh's appeals against a earlier single judge order asking the company to pay Rs 579 crore to Kalanithi Maran and his KAL Airways as interim relief in a share transfer dispute, while directing the two sides to initiate arbitration.Justices S Ravindra Bhat and Yogesh Khanna however modified the July 29, 2016 single judge order and directed Spicejet to deposit Rs 250 crore in cash and Rs 329 crore as bank guarantee by August 31 and July 31 respectively. The court concluded that the modification of the earlier order - requiring Spicejet to provide the entire Rs 579 crore amount in equal installments over a twelve month period - was essential in light of the unpredictable nature of likely injury that could be caused to the commercial operations of the company if the entire amount was secured through a deposit. Reacting to the high court decision, Spicejet Limited shares fell by more than 10 ...

Not strong enough to take on a gamble: SpiceJet chief on AI buyout

SpiceJet chief Ajay Singh said that he considered the state-owned air carrier a 'good asset'

US Vice-President Pence wants to visit SpiceJet office, says CEO Ajay Singh

SpiceJet was lauded by US President Trump for an order of 100 new planes with Boeing

SpiceJet's aircraft order to create US jobs: Trump

The order is expected to create 1,32,000 high-skilled jobs in US

Necessary for India to produce commercial jets: SpicieJet CEO Ajay Singh

SpiceJet had announced an order worth $22 billion with the US aircraft maker in January

Who would have thought SpiceJet would rally 600% in two years!

The gains have come after Ajay Singh took over the reins from Kalanithi Maran in February 2015

SpiceJet plans to buy 50 turboprop planes from Bombardier for $1.7 billion

At the current exchange rate, the order will be worth over Rs 10,900 crore

SpiceJet hits new high on signing pact with Boeing for 40 737 Max airplanes

The stock hit a new high of Rs 128, up 2.4% on BSE.

SpiceJet places order for 20 Boeing 737 MAX 10 planes

Order is for 20 new 737 MAX 10 planes and conversion of 20 of SpiceJet's 737 MAX 8 aircraft

SpiceJet enters e-commerce, ties up with Amazon to sell its brand online

The strategic alliance would offer SpiceStyle's entire portfolio of brands on the shopping portal

Fly IndiGo, SpiceJet at prices as low as Rs 899; find full fare list here

IndiGo today announced its special monsoon offer of low fares to 39 domestic destinations

Delhi-London return flight at only Rs 30,000? SpiceJet going for long haul

The current rate for this is around Rs 45,000 and could be more during the peak season

SpiceJet to launch direct flights to Patna from July 1

Airline operates an average of 350 daily flights to 46 destinations, including 7 international ones

Aviation shares in focus; SpiceJet hits new high

SpiceJet, Jet Airways (India) and InterGlobe Aviation were up 4% to 9% on BSE in intra-day trade.

SpiceJet hits record high; stock zooms over 100% in 2017

The stock was up 4% at Rs 116.90, surpasses its previous high of Rs 115 touched on September 5, 2005

SpiceJet flight takes off without informing passengers at Goa airport

Incident took place when group of around 14 passengers from Chennai to take their connecting flight

Didn't recieve any order: SpiceJet clarifies on warrant against MD

A bailable arrest warrant was issued against the company's MD

Retail investors cut stake in SpiceJet; stock soars over 90% in 2017

Individual shareholding in the company decline to 24.26% in March from 28.3% at the end of December