Ajay Singh re-boards SpiceJet with Rs 1,500-cr deal; Marans out
Kalanithi Maran-led Sun Group would also infuse Rs 80 crore in the loss-making airline following conversion of their warrants, which would give them a 10 percent minority stake.
Jan 15, 2015, 21:15 PM ISTSpiceJet saga: Kalanithi Maran transfers ownership to Ajay Singh
Budget carrier SpiceJet on Thursday announced that its promoter Kalanithi Maran will transfer the ownership of the airline to the original founder Ajay Singh.
Jan 15, 2015, 16:07 PM IST