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Carlyle Aviation to write off $40 mn of SpiceJet's lease arrears

Infrastructure

10 September, 2024

Carlyle Aviation to write off $40 mn of SpiceJet's lease arrears

India's SpiceJet said on Tuesday that Carlyle Group's commercial aviation investment and servicing unit will write off $40.2 million of ......

Go First bidder raises offer after nudge from bankers

Infrastructure

19 March, 2024

Go First bidder raises offer after nudge from bankers

One of the two bidders for bankrupt Indian airline Go First has raised its offer following a nudge from lenders, ......

SpiceJet's Ajay Singh submits bid for GoFirst

Infrastructure

16 February, 2024

SpiceJet's Ajay Singh submits bid for GoFirst

Indian budget carrier SpiceJet Managing Director Ajay Singh, in his personal capacity, and Busy Bee Airways have jointly submitted a ......

Premium
Grapevine: Alta Capital in fray for Indian housing firm; Cred eyes M&A

General

13 October, 2023

Grapevine: Alta Capital in fray for Indian housing firm; Cred eyes M&A

Former Blackstone executive Siddhartha Gupta's real estate investment management firm Alta Capital has emerged as the frontrunner to buy out ......

UK's SRAM & MRAM Group to invest $100 mn in SpiceXpress

Infrastructure

15 May, 2023

UK's SRAM & MRAM Group to invest $100 mn in SpiceXpress

India's SpiceJet Ltd said on Monday that UK-based SRAM & MRAM Group will invest $100 million in its cargo division ......

Carlyle's aviation investment arm converts SpiceJet's dues into equity

Infrastructure

28 February, 2023

Carlyle's aviation investment arm converts SpiceJet's dues into equity

Low-cost carrier SpiceJet Ltd said Carlyle Aviation now holds a 7.5% stake in the airline after converting $100 million of ......

Carlyle's aviation investment arm to pick up SpiceJet stake in debt-equity swap

Infrastructure

27 February, 2023

Carlyle's aviation investment arm to pick up SpiceJet stake in debt-equity swap

No-frills domestic airline SpiceJet on Monday said its board at its meet on Febraury 27, 2023 has approved to transfer ......

SpiceJet to hive off cargo, logistics business to subsidiary

Infrastructure

17 August, 2021

SpiceJet to hive off cargo, logistics business to subsidiary

SpiceJet, India’s second-largest airline by passengers, will hive off its cargo and logistics services via a slump sale to subsidiary ......

Grapevine: Tata group pulls ahead of SpiceJet promoter in race for Air India; Hexaware on block

General

30 April, 2021

Grapevine: Tata group pulls ahead of SpiceJet promoter in race for Air India; Hexaware on block

Tata Sons has quoted a price higher than SpiceJet promoter Ajay Singh for Air India in a preliminary bidding round, ......

US stressed assets firm Avenue Capital partners SpiceJet over aircraft

Finance

31 March, 2021

US stressed assets firm Avenue Capital partners SpiceJet over aircraft

SpiceJet, India’s second-largest airline by passengers, has announced a tie-up with US investor Avenue Capital for financing, acquisition, sale and ......