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SpiceJet

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

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

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

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

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

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

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 ......

Grapevine: Byju's to raise money for shopping; MobiKwik raises pre-IPO round

General

26 March

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 ......

Premium
Consumer firms scarred in June quarter as shoppers swerve most in pandemic

Consumer

23 September

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 ......

Sensex, Nifty rise as travel curbs eased; airlines, ITC surge

Markets

21 May

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 ......

CCI finds no proof of cartelisation among IndiGo, SpiceJet and others

Infrastructure

19 February

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 ......