SpiceJet’s Rs 3,000cr fundraise approved: Can the airline overcome financial woes and reclaim its market share?
SpiceJet’s recent Rs 3,000-crore fundraise has been approved by its shareholders, signaling a bold attempt to revive the airline amid a severe financial crisis. With ... Read More
SpiceJet resolves $49.8m dispute with Echelon Ireland, secures major cost savings
In a significant development for the airline industry, SpiceJet has announced the successful resolution of a $49.8 million dispute with Echelon Ireland Madison One Ltd., ... Read More
Dr. Reddy’s Labs, Slayback sign licensing deal for Brimonidine Tartrate
Dr. Reddy’s Laboratories said that it has signed a licensing deal with New Jersey-based Slayback Pharma for acquiring rights in the latter’s Brimonidine Tartrate Ophthalmic ... Read More
SpiceJet to transfer cargo and logistics services to SpiceXpress
Indian airline SpiceJet said that it has agreed to offload its cargo and logistics services to its subsidiary SpiceXpress and Logistics Pvt. Limited on a ... Read More
SpiceJet signs MoU with Avenue Capital Group pertaining to 50 new aircraft
Indian domestic airline SpiceJet has inked a memorandum of understanding (MoU) with Avenue Capital Group for financing, acquisition, and sale and lease‐back of up to ... Read More