Domestic markets remained lackluster and closed flat on Wednesday, taking a pause after Tuesday’s decline. In today’s trade, shares of Ola Electric, Hindustan Zinc, SpiceJet, SBI, Glenmark Pharma among others will be in focus due to various news developments and first quarter results. Hindustan ZincHindustan Zinc Limited (HZL) has announced its offer for sale from … Read more
NEW DELHI: SpiceJet, which is trying to raise funds, on Wednesday reported a profit of Rs 150 crore for the quarter ending June 2024, down about 26% from Rs 204.5 crore in same quarter last fiscal. The airline’s scrip closed 2.5% lower on BSE Wednesday at Rs 55.03, when the broader market was up 0.19%. … Read more
Home Business SpiceJet Seek Shareholders Nod to Raise Rs 3000 Crore | Check Details Here The airline, which has been facing multiple headwinds, has been looking to raise more funds. It had posted a standalone profit of Rs 119 crore in the three months ended March. SpiceJet Low-cost airline SpiceJet is seeking apporval of the … Read more
Ajay Singh, promoter of SpiceJet, is likely to dilute his shareholding in the cash-strapped airline by more than 10% stake in an effort to raise about ₹3,000 crore, said people aware of the development. Singh will remain SpiceJet’s single-largest shareholder after the fundraising, which is expected to be completed by September, the people said, adding … Read more
MUMBAI: Mumbai airport and SpiceJet had a run in on social media on Monday over the latter’s pending dues. It started when the airport tweeted a passenger advisory stating that SpiceJet’s flight operations out of Mumbai will be “temporarily disrupted” from Aug 13 midnight. Mumbai airport posted the tweet on its official X handle “@CSMIA_Official”, … Read more
Home Business SpiceJet Plans to Raise Rs 3,000 Crore Through Issuance of Securities | Details Here In February, the airline said it has secured an additional Rs 316 crore, taking its total funds raised to Rs 1,060 crore through a preferential share issue. SpiceJet’s flight SG 81 will depart from Pune at 6.45 pm and … Read more
PUNE: On the occasion of International Cabin Crew Day, SpiceJet has announced an initiative aimed at enriching the travel experience for passengers with hearing impairments. The airline’s cabin crew will undergo a customized program to learn sign language, reinforcing the commitment to creating a more inclusive and welcoming environment for all travelers.Cabin crew members trained … Read more
Home Business Legally Baseless: SpiceJet Denies KAL Airways’ Rs 1,323 Crore Claim | Details Inside On Monday, KAL Airways and Maran had said that they intend to pursue over Rs 1,323 crore in damages from SpiceJet and its chief, Ajay Singh, in addition to challenging the recent Delhi High Court decision in their ongoing dispute. … Read more
Home Business SpiceJet to Upgrade Delhi-Bangkok Flight to Wide-Body Airbus A340 Known for its bustling markets, ornate temples, and dynamic nightlife, the city offers a unique blend of tradition and modernity. SpiceJet Airline New Delhi: SpiceJet announced that it will upgrade its daily Delhi-Bangkok flight to a wide-body Airbus A340, replacing the narrow-body Boeing 737. … Read more
Home Business SpiceJet News: Airlines to Seek a Refund of INR 450 Crores from Kalanithi Maran | Deets Inside SpiceJet has paid a total of INR 730 Crore, comprising INR 580 Crore in principal along with an additional INR 150 Crore towards interest to Maran and KAL Airways. SpiceJet Airline New Delhi: SpiceJet will seek … Read more