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SpiceJet shares climb over 3% after earnings announcement

The stock climbed 7.35 per cent to Rs 60 during the day on the BSE. It ended at Rs 57.70, up 3.24 p…

PTI   


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Airline systems across airports working normally, informs civil aviation minister

On Friday, in one of the biggest-ever IT outages, an update of a product offered by global cybersec…

PTI   


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IndiGo stock to soar on a cosy duopoly and an expanding market, say brokerages

IndiGo belongs to a rare club of stocks that has slowly yet steadily risen even in a market where …

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'SpiceJet didn't deposit money into pension funds for months'

India's low-cost carrier SpiceJet has reportedly not deposited money into the pension funds of its …

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SpiceJet slides after Delhi HC orders it to complete payment to Kalanithi Maran

The SpiceJet stock slipped 6% in trade by Tuesday noon. The Delhi High Court on Monday gave low-cos…

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DGCA gives clean chit to SpiceJet, says no safety violation found

The DGCA found no major significant safety violations in the SpiceJet aircrafts.It asked the airlin…

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NCLT to hear insolvency proceedings plea filed against SpiceJet next week

Aircraft lessor Aircastle (Ireland) Ltd has filed the petition against SpiceJet for initiating inso…

PTI   


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SpiceJet hives off cargo & logistics biz into separate entity from Apr 1

It also paves the way for SpiceXpress to raise funds independently, SpiceJet said. The dec…

PTI   


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Go First Impact: Market capitalisation of 3 PSU Banks down by ₹7,500 crore as investors fret over their exposure to ailing airline

Low-cost airline Go First’s insolvency proceedings have plunged shares of Central Bank of India, Ba…

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HDFC Bank, ICICI Pru, L&T Technology Services among stocks to watch out for on July 18

Indian markets may open higher as SGX Nifty, an early indicator of the market, was up 1.01%.Asian a…

Bhakti Makwana   


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SpiceJet’s Q3 net profit jumps 162% to ₹110 crore on air travel recovery, shares surge 13%

Low-cost carrier SpiceJet posted a 162% surge in net profit to ₹110 crore for the December quarter,…

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HDFC, HDFC Bank, auto firms among stocks to watch out on July 4

Indian markets may open slightly negative as SGX Nifty, an early indicator of the market, was down …

Bhakti Makwana   


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Geared up for expansion in operations, no question of filing insolvency: SpiceJet chief

SpiceJet has initiated the process of reviving its grounded fleet with the USD 50 million funds rec…

ANI   


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Cooling crude oil prices – companies in these sectors could benefit the most

Cooling crude oil prices could bring relief to governments, companies and common people alike acros…

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3 mins read

SpiceJet to raise ₹2,500 crore fresh capital, convert Carlyle’s debt into equity and demerge cargo biz

Low-cost carrier SpiceJet on Monday announced that its board has approved plans to raise fresh capi…

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SpiceJet board will meet to consider fund raising funds, conversion of outstanding liabilities into equity

SpiceJet on Tuesday said its board will meet on Friday to consider options to raise funds as well a…

PTI   


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Sensex crosses 62,000 mark for the first time since December; Tata Motors, L&T amongst top gainers

India’s benchmark indices Sensex and Nifty50 are likely to open on a tepid note on Tuesday amid mix…

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Sensex, Nifty50 fall amid increased volatility: FMCG, oil & gas, metal stocks drag indices down

India’s benchmark indices Sensex and Nifty50 are likely to see a flat opening on Tuesday despite po…

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Sensex, Nifty50 decline as IT, metal and auto stocks plummet

India’s benchmark indices Sensex and Nifty50 are likely to open in the red on Monday amid negative …

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2 mins read

SpiceJet sheds ₹400 crore in value within an hour of trading as CFO quits and losses mount

SpiceJet’s shares plunged after its CFO resigned and the company reported wider losses in Q1 FY23. …