SpiceJet shares plunge 10% after two senior executives resign
According to news reports, Kashyap and Bhatia are currently serving the notice period till March 31.
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SpiceJet shares zoom 6% on ₹900 cr funding; upgradation of fleet plans
The no-frills airline, so far, has a bank balance of ₹900 crore. Of this, the low-cost carrier received ₹160 crore under the government’s Emergency Credit Line Guarantee Scheme (ECLGS).
SpiceJet shares soar 5% ahead of annual general meeting
The company aims to utilise the fund to enhance the low-cost airline’s product presence and market reach as well as to expand its fleet, route network and technological advancements.
SpiceJet confirms bid for Go First; stock surges 29% in two days
The Gurgaon-based budget carrier on Tuesday confirmed that it will submit a bid to buy a stake in Go First after conducting due diligence on the grounded airline.
SpiceJet shares hit 20% upper circuit on fundraising plans
The company announced its plans to raise fresh funds through the issue of equity shares and/or convertible shares.
SpiceJet shares plunge 8.5% as Rakesh Gangwal denies stake buy claims
Separately, SpiceJet also says the airline and one of its lessors, Engine Lease Finance Corporation Aviation Services, have agreed on the out-of-court settlement
SpiceJet surges 20% on reports of stake buying by IndiGo co-founder Rakesh Gangwal
Rakesh Gangwal, who resigned from IndiGo’s board in February 2022, is looking to pick up a 'sizable' stake in SpiceJet.
SpiceJet shares surge 10% on fund infusion buzz
The Gurugram-based airline will reportedly issue 3.4 crore equity shares of the face value of ₹10 apiece and 13.5 crore warrants to Spice Healthcare.
SpiceJet stock surges 5% on plans to induct 10 Boeing 737 aircraft
10 B737 planes include five 737 Max aircraft; SpiceJet says it’s also working on restoring and reviving grounded aircraft
SpiceJet shares tank 19% as airline marks 18th anniversary
The budget airline has seen a consistent drop in its domestic market share in 2023
