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SpiceJet board okays Rs 2,250 crore capital infusion

The Board of Directors of SpiceJet approved the raising of fresh capital of over Rs 2,250 crore thr…

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5 mins read

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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3 mins read

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 i…

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4 mins read

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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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. …

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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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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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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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TCS, HDFC, DMart, Dr Reddy’s among stocks to watch out for on July 11

Indian markets may start the week on a negative note as SGX Nifty, an early indicator of the market…

Bhakti Makwana   


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Indigo, SpiceJet stocks takeoff as regular international flights to resume after two years

Scheduled international flight services were suspended in March 2020 due to the pandemic. Howeve…

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4 mins read

SpiceJet hiked its ticket prices; Indigo and others might follow suit

The share price of the Indian aviation companies like Indigo, Jet Airways and others dropped on Thu…

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Indigo stock gains as a plea to shut down SpiceJet has been admitted

Further, the court has asked the official liquidator (Credit Suisse) to take over the assets of …

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4 mins read

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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SpiceJet: In the eye of a perfect storm

The airline has reported eight malfunction incidents in the last 18 days, which led to a notice fro…