Total income in the latest December quarter climbed to Rs 267.73 crore compared to Rs 187.06 crore in the same period a year ago, according to a regulatory filing
Here are the top headlines on Tuesday
The passenger industry witnessed the much needed turnaround in the third quarter as Covid cases ebbed in the first half of the quarter, says SpiceJet chief
Adani Group stocks may be in limelight after both Adani Enterprises and Adani Wilmar reported earnings for the December quarter.
Oil prices climbed towards their highest levels in more than seven years on Monday on fears that a possible invasion of Ukraine by Russia could trigger sanctions (on the latter) from US and Europe
The senior counsel of KAL Airways said that Spicejet will have to pay them Rs 920 crore
Here are the top headlines on Monday
The NSE Nifty50, on the other hand, breached below the 16,850-mark to end 532 points, or 3.06 per cent, lower at 16,843. This was the indices biggest intra-day fall since November 26, 2021
SpiceJet offers to pay Rs 600 cr cash in the share transfer case with former promoter Kalanithi Maran and his firm KAL Airways for a full and final settlement of all disputes
A bench headed by Chief Justice N V Ramana took note of the submissions of senior advocate Harish Salve that SpiceJet would try to resolve the issue with the Swiss firm.
The number of active cases in Kerala are at 333,447
The Supreme Court stayed for three weeks the order of winding up SpiceJet after the airline claimed that it is looking to settle dispute over its outstanding dues with Swiss company 'Credit Suisse'
These companies have significant exposure to price movement of Aviation Turbine Fuel (ATF) which is a derivative of crude oil.
Credit Suisse moved a winding up petition before the company court claiming that SpiceJet was indebted to it for more than $24 mn
The airline has time till January 28 to move the Supreme Court.
Justices Paresh Upadhyay and Sathi Kumar Sukumara Kurup dismissed the appeal preferred by the private carrier
The Madras High Court extended till Jan 11, the operation of an interim stay on the verdict of a single judge, which ordered the winding up of Spicejet
The pilots of Rajkot-Delhi flight have been off-rostered pending an inquiry by the Directorate General of Civil Aviation (DGCA)
Surpiya Lifescience is likely to make a bumper debut on the stock exchanges, with GMP indicating a likely listing gain of 40-45 per cent for the stock
After a year of disruptions, businesses were better prepared in 2021, not only adjusting to the new normal but also making the most of it