SpiceJet
SpiceJet board okays sale of Marans’stake to Ajay Singh
30 Jan 2015
SpiceJet plans to raise Rs1,500 crore by way of issuing securities and allotting non-convertible preference shares to the Marans, who will be exiting the management
SpiceJet may cut 2,000 jobs, scale down operations to stay afloat
19 Jan 2015
The cash-strapped airline is planning to balance its aircraft versus employee ratio, indicating the prospects of a lay off
Marans exit SpiceJet, transfer ownership to Ajay Singh
15 Jan 2015
Like Kingfisher Airlines, SpiceJet too was on the brink of collapse, till help came from Ajay Singh, who helped set up the low-cost carrier in 2005
Ajay Singh, JPMorgan begin talks with SEBI on SpiceJet future
14 Jan 2015
Potential investors including co-founder Ajay Singh and US-based JPMorgan have begun discussions with the Securities and Exchange Board of India over their investment plan for the cash-strapped airline
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