SpiceJet almost regular with payments: BOC Aviation
As financial crunch continues to trouble SpiceJet, aircraft leasing firm BOC Aviation on Friday said the low-cost carrier is "almost" regular with its payments.
Jan 09, 2015, 19:45 PM IST
SpiceJet may get first round of investment by Jan 10
Crisis-hit SpiceJet may get the first round of its much-needed fund infusion in the next two days, while more may come in a month's time as part of an estimated USD 200 million investment plan, sources said on Thursday.
Jan 08, 2015, 20:57 PM IST
SpiceJet shares down over 3% as woes continue
Shares of cash-strapped carrier SpiceJet on Wednesday fell by over 3 percent after the company extended its flight cancellations till next month affecting over 300 flights, while government made it clear that the airline will have to itself resolve its financial woes.
Dec 31, 2014, 18:08 PM IST
SpiceJet shares zoom 9% on proposed revival plan
Shares of SpiceJet surged 9 percent on Friday following reports that the budget carrier would submit a revival plan to the government on the basis of a proposed investment of USD 200 million from founding promoter Ajay Singh and US-based JP Morgan Chase.
Dec 26, 2014, 18:47 PM IST
SpiceJet submits revival plan to govt
Troubled budget carrier SpiceJet on Friday submitted a revival plan to the government on the basis of a proposed investment of USD 200 million from founding promoter Ajay Singh and US-based JP Morgan Chase.
Dec 26, 2014, 17:51 PM IST
SpiceJet to submit revival plan to government on Friday
The potential investors are likely to buy stake from current promoter Kalanithi Maran by infusing USD 200 million within a month to help the airline stay afloat.
Dec 25, 2014, 16:55 PM IST
SpiceJet shares bounce back; end with 2.5% gain
Erasing steep initial losses, shares of SpiceJet ended with over 2.5 percent gain Tuesday after the company got a breather as the Airports Authority indicated that it would not press for immediate clearance of its Rs 200 crore dues.
Dec 16, 2014, 19:19 PM IST
SpiceJet shares plunge 17% as airline asks for govt help
In four trading sessions, the stock has crashed over 25 percent, eroding Rs 216.63 crore from its market value.
Dec 16, 2014, 13:28 PM IST
SpiceJet moves govt, gets temporary relief
With an imminent closure staring at its face, beleaguered SpiceJet on Monday got a breather with indications that state-run Airports Authority of India would not press for immediate clearing of Rs 200 crore dues after the airline's promoter Kalanithi Maran gave personal guarantees to infuse more funds.
Dec 16, 2014, 11:50 AM IST
SpiceJet cancels over 1,800 flights in domestic sector
Cash-strapped SpiceJet has cancelled over 1,800 flights across the country for the current month, in signs of mounting troubles for the budget airline.
Dec 08, 2014, 21:44 PM IST
Airline sector running through 'turbulent weather': Raju
The airline sector is running through a "lot of turbulent weather" with troubled SpiceJet seeming to give "us heart attacks", Civil Aviation Minister Ashok Gajapathy Raju said on Thursday.
Dec 04, 2014, 15:24 PM IST
SpiceJet says in talks with investors to raise capitals
Cash-strapped budget airline SpiceJet, which has been exploring various means to raise funds for quite some time, Monday said it is in talks with a few investors to mop up fresh capital.
Nov 24, 2014, 15:46 PM IST
SpiceJet stock up 15% on stake sale reports
Shares of SpiceJet soared nearly 15 percent today amid reports of stake sale by the Sun group which owns the airline.
Nov 21, 2014, 20:27 PM IST
Aircel-Maxis deal: ED issues summons against Marans, others
Enforcement Directorate (ED) has issued summons against Dayanidhi and Kalanithi Maran and all others accused in Aircel Maxis money laundering probe case.
Oct 30, 2014, 16:44 PM IST
Aircel-Maxis case: Maran brothers, others summoned as accused
Former telecom minister Dayanidhi Maran, his brother Kalanithi and six others, including Malaysian business tycoon T Ananda Krishnan were Wednesday summoned as accused by a special 2G court in connection with Aircel-Maxis deal case.
Oct 29, 2014, 13:35 PM IST
Aircel-Maxis deal: Maran brothers, two others summoned as accused
A Special court on Wednesday summoned former telecom minister Dayanidhi Maran along with his brother, two others and four companies including SUN Direct TV as accused in the Aircel-Maxis deal case.
Oct 29, 2014, 12:41 PM IST
'SpiceJet still needs funds as turnaround takes hold'
SpiceJet plunged to a first-quarter net loss of Rs 1.24 billion ($20 million) in April-June.
Oct 14, 2014, 10:33 AM IST
Probing Chidambaram's role in Aircel-Maxis deal: CBI to court
The agency said it was investigating as to how Chidambaram had given foreign investment promotion board (FIPB) approval in the Aircel-Maxis deal in 2006.
Sep 22, 2014, 15:07 PM IST
Sun TV group's TV transmission business in a fix
A day after the Maran brothers - Kalanithi Maran and Dayanidhi Maran - promoted Kal Cables Pvt Ltd got a breather from the Madras High Court, fresh trouble has started for them as well as for their direct-to-home (DTH) business.
Aug 29, 2014, 21:17 PM IST
Aircel-Maxis deal case: CBI chargesheets Maran brothers
The charge sheet was filed before Special CBI Judge O P Saini who fixed it for consideration on September 11.
Aug 29, 2014, 17:17 PM IST
