Changing hands one more time, SpiceJet has earned a place in Indian corporate history. Though the story is still being scripted, the first few chapters could well prompt best-selling business fiction.

NEW DELHI/MUMBAI (Reuters) - The co-founder of low-cost airline SpiceJet Ltd has agreed to buy out its billionaire owner, the first part of a rescue attempt to turn round the loss-making carrier's ...

This legal battle dates back to 2015, when Maran and KAL Airways transferred their entire stake in SpiceJet to Ajay Singh for a nominal ₹2. Photographer: Abhijit Bhatlekar/Bloomberg News New Delhi: ...

NEW DELHI, (IANS) – In a setback for SpiceJet, the Delhi High Court has ordered the airline to pay Rs 380 crore to Kalanithi Maran of KAL Airways and asked it to submit an affidavit of assets within ...

In 2015, Kalanithi Maran and KAL Airways transferred their entire stake in SpiceJet to Ajay Singh for a nominal ₹2 amid a financial crisis. The Supreme Court on Wednesday dismissed a plea filed by ...

NEW DELHI (Reuters) - The co-founder of SpiceJet is leading a $240 million rescue effort to pull the low-cost carrier back from the brink of collapse, in a bold bet on the recovery of an industry ...

Ajay Singh had sold SpiceJet to Maran and then repurchased the airline in January 2015, after the low-cost air carrier had been grounded for a prolonged period due to financial difficulties. Maran and ...

In a jolt to low-cost airlines SpiceJet, the Supreme Court on Friday refused to extend the time for making payment to media baron Kalanidhi Maran and his Kal Airways in pursuance of an arbitral award ...

The Delhi High Court has rescheduled the hearing in the case involving Sun Group chairman Kalanithi Maran's plea against budget airline SpiceJet and their dispute over an arbitral award. The new ...

The I-T department had not produced any material to establish that Maran was responsible for the day-to-day affairs of the SpiceJet, the judge said in his order. The Madras High Court on Wednesday set ...

NEW DELHI, Sept 13 (Reuters) - Low-fare carrier Spicejet will raise 1.3 billion rupees by issuing fresh shares at 36 rupees a share to its majority-owner Kalanithi Maran to cover its operational ...