Page 2 of Ajay Singh

SpiceJet, Spicejet Ajay Singh, Spicejet debt, SpiceJet share price, Ajay SIngh, Kalanithi Maran

SpiceJet receives Rs 500 cr in funding from new owner Ajay Singh

SpiceJet has finally received the much-need funding, with the new owner Ajay Singh infusing Rs 500 in the airline…

February 26, 2015 10:11 IST

SpiceJet, SpiceJet news, SpiceJet plan, SpiceJet revival, SpiceJet revival plan

Ajay Singh now holds over 60 per cent stake in SpiceJet

SpiceJet’s new promoter Ajay Singh now holds over 60 per cent stake in the carrier after buying former promoter Marans’…

February 25, 2015 22:00 IST

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SpiceJet says it has started paying back to it creditors as Ajay Singh takes over

SpiceJet has started paying back to its creditors with the airline clearing all its dues related to TDS payments following…

February 25, 2015 09:50 IST

Ajay Singh back as SpiceJet promoter

Carrier clears major outstanding I-T, service tax dues and salaries

February 25, 2015 01:03 IST

SpiceJet, SpiceJet crisis, SpiceJet Kalanithi Maran

Ajay Singh takes over as promoter of Spicejet, Kalanithi Maran exits

Spicejet Ltd has informed BSE that pursuant to the share sale and Purchase Agreement…

Updated: February 24, 2015 10:46 IST

spicejet offer, spicejet sale, spicejet, spicejet discount, spicejet airfare, Spicejet flights, spicejet offer 2015

SpiceJet sale: Airline celebrates with Rs 1,699 ticket offer as Ajay Singh takes over from Marans

On the day former promoter took full control of beleaguered airline Spicejet, the company itself celebrated by unveiling yet another…

Updated: February 26, 2015 08:15 IST

SpiceJet, SpiceJet aircraft, SpiceJet negotiation, SpiceJet aircraft lessors, SpiceJet rent, SpiceJet rent default, DGCA, SpiceJet DGCA, SpiceJet deregistered, spicejet news

SpiceJet shares soar 17% on CCI nod for capital infusion plan

Shares of SpiceJet surged more than 17 per cent in morning trade today after fair trade watchdog CCI approved…

February 20, 2015 16:04 IST

Competition Commission of India clears SpiceJet-Ajay Singh deal; Rs 400 cr infusion next week

Paving the way for ownership change at SpiceJet, fair trade watchdog Competition Commission of India (CCI) today cleared original promoter…

Updated: February 20, 2015 12:37 IST

SpiceJet shares down 4% as Q3 loss widens

Shares of budget airline SpiceJet today fell by 4 per cent after the company reported widening…

February 13, 2015 14:26 IST

SpiceJet, SpiceJet fare, SpiceJet, SpiceJet fare offer, SpiceJet Super Sale, SpiceJet air fare, SpiceJet fare sale, SpiceJet flight

AAI to SpiceJet: No credit until dues are cleared

Airports Authority of India has asked SpiceJet to submit a financial plan detailing a schedule to clear outstanding by February…

February 1, 2015 07:55 IST

SpiceJet to get Rs 1,500 crore in funds, Marans to infuse Rs 375 crore of their own as board approves transfer

Kalanithi Maran, his wife Kavery Kalanithi have resigned from the Spicejet Board with immediate effect…

Updated: January 30, 2015 18:05 IST

Marans’ goodbye to SpiceJet is a ‘good buy’ for Ajay Singh: Experts

Former SpiceJet co-promoter Ajay Singh’s decision to acquire the ailing carrier from Maran family is a “good buy”…

January 17, 2015 19:00 IST

Ajay Singh draws up five-year plan for SpiceJet revival

To revive the fortunes of SpiceJet, its original founder Ajay Singh has drawn up a five-year plan and is looking…

January 16, 2015 15:39 IST

SpiceJet shares surge 10 pct as Ajay Singh checks in

Stocks of SpiceJet today surged nearly 10 per cent after the company returned to original promoter Ajay Singh…

January 16, 2015 12:24 IST

SpiceJet deal announcement linked to Pongal festival!

Crisis-hit SpiceJet board’s approval today for transfer of promoter Maran family’s stake as well as control to Ajay Singh…

January 16, 2015 06:45 IST

Downsizing, restructuring part of SpiceJet revival plan: Ajay Singh

Putting in resources to revive SpiceJet, its original founder Ajay Singh today said he has drawn up a five-year plan…

Updated: January 15, 2015 21:39 IST

SpiceJet in talks to raise Rs 400-crore bridge loan

SpiceJet is in talks with both domestic and overseas financial institutions to raise a bridge loan of about Rs 400…

December 30, 2014 04:20 IST

Beleaguered SpiceJet says will start paying employees’ salaries; fuel dues cleared too

SpiceJet Ltd has paid employees’ salaries for November and cleared dues of fuel companies as of Friday, its chief operating…

Updated: December 26, 2014 18:15 IST

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BoAt IPO: Updated DRHP says auditors flagged discrepancies

Market27 min ago

Imagine Marketing, the parent company of BoAt, has revealed issues raised by auditors regarding inconsistencies in financial data given to lenders and in its records. It used short-term loans for long-term purposes and there is uncertainty about subsidiary companies fulfilling obligations. The audit report also mentioned unpaid statutory dues and exceeding remuneration limits.

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