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Stocks To Watch On September 12: Benchmark Sensex reversed its early gains to close lower by 398 points on Wednesday amid weak global trends. In today’s trade, shares of Tata Steel, Arvind Fashions, Route Mobile, Adani Ports, NBCC among others will be in focus due to various news developments. Tata Steel: The company has secured…
New Delhi: SpiceJet on Tuesday said Carlyle Aviation will write off aircraft lease arrears worth USD 40.17 million as part of a settlement agreement that will also result in the entity hiking stake in the struggling airline. Facing multiple headwinds, the budget carrier is working on ways to raise funds to the tune of Rs…
Stocks To Watch On September 9: Equity markets concluded a three-week winning streak with a loss of over 1.5%, largely impacted by weak global cues. In today’s trade, shares of SpiceJet, Shriram Finance, Suven Pharma, Mazagon Dock, Suzlon Energy among others will be in focus due to various news developments. Shriram Finance: Shriram Finance is…
Hindi News Business SpiceJet Chairman Ajay Singh Likely To Sell More Than 10% To 15% Stake To Raise Funds Mumbai14 minutes ago copy link SpiceJet promoter and chairman Ajay Singh may sell 10% to 15% stake in the airline to raise funds. According to media reports, this funding round is expected to be completed by…
Published By: Mohammad Haris Last Updated: September 06, 2024, 16:55 IST Spicejet plans to raise Rs 2,500 crore through QIP and Rs 736 crore through Previous Warrants and promoter infusion. The funds will be utilised in fleet ungrounding, liability settlement, new fleet induction and other general purposes, SpiceJet says in a corporate presentation. Cash-strapped domestic…
Microsoft Outage: The Civil Aviation Ministry said on Saturday that airline systems across airports in India have resumed operations normally after a mega Microsoft Windows outage hit systems globally. According to the Ministry, travel adjustments and refund processes are being taken care of, as it constantly monitors the situation at the airports. “Since 3 am,…
Stocks To Watch On July 18: Domestic markets settled at record high levels in their third straight day of gains on Tuesday. In today’s trade, Infosys, Tata Technologies, Asian Paints, Nazara Technologies, Adani Green among others will be in focus due to news developments and first quarter results. Infosys, Tata Technologies, Polycab Shares of Infosys,…
Stocks To Watch On July 16: Domestic markets sustained their upward trajectory into the new week as indices reached fresh highs on Monday. In today’s trade, shares of Bajaj Auto, SpiceJet, Jio Financial, HUL, Vedanta, and ZEE will be in focus due to various news developments and first-quarter results. Bajaj Auto, L&T Finance, Just Dial…
Hindi News Business SpiceJet Profit In Q4FY24 Was ₹127 Crore, The Airline Had A Loss Of ₹298 Crore In Q3FY24 Mumbai20 minutes ago copy link Debt-ridden airline SpiceJet has released the results for the fourth quarter and third quarter of FY 2023-24. The company’s consolidated profit in the January-March (Q4FY24) quarter increased year-on-year (YoY) to…
Spicejet Q4 Results: Budget airline SpiceJet Ltd on Monday reported a sixfold surge in its net profit to Rs 119 crore for the fourth quarter ended March 31, 2024. Its EBITDA (earnings before interest, tax, depreciation and amortisation) during April-June 2024 rose to Rs 386 crore, compared with Rs 344 crore in the year-ago period….