SpiceJet
Infrastructure
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 ......
Infrastructure
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 ......
Infrastructure
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 ......
Infrastructure
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 ......
General
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, ......
Finance
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 ......
General
Grapevine: Byju's to raise money for shopping; MobiKwik raises pre-IPO round
Byju’s is looking to raise up to $600 million (Rs 4,345 crore) at a valuation of up to $14 billion ......
Consumer
Consumer firms scarred in June quarter as shoppers swerve most in pandemic
Nine in 10 Indian listed consumer-focussed companies recorded a decline in sales during the April-June quarter that saw the full ......
Markets
Sensex, Nifty rise as travel curbs eased; airlines, ITC surge
Indian shares ended higher on Thursday for the third consecutive session as the country eased curbs on air and rail ......
Infrastructure
CCI finds no proof of cartelisation among IndiGo, SpiceJet and others
Investigators with India’s antitrust watchdog have found no evidence that the country’s biggest airline, IndiGo, and four rival carriers colluded ......