SpiceJet to lay off 1,400 employees to cut costs
12 Feb 2024
Budget carrier SpiceJet will cut 15 per cent jobs, reducing its workforce by around 1,400 as part of its efforts to reduce operating costs and improve investor returns.
SpiceJet, 2 other entities show interest in bankrupt Go First
20 Dec 2023
Three companies, including budget carrier SpiceJet, Africa-focused Safrik Investments and Sharjah-based aviation company Sky One, have reportedly expressed interest in acquiring beleaguered carrier Go First.
SpiceJet plans to raise Rs2,250-cr through private placement
14 Dec 2023
The board of directors of SpiceJet has approved a proposal to raise around Rs2,250 crore, through the issuance of equity shares/equity warrants under a private placement basis to various investors.
Tata, Spicejet left in race to acquire Air India, other EoIs rejected: report
08 Mar 2021
The odds seem to favour Tata Sons, which is reported to be planning consolidation of its aviation business comprising the two joint ventures of Air Asia and Vistara
SpiceJet launches Hyderabad-Nashik UDAN flight
24 Nov 2020
SpiceJet reports 22% jump in Q4 net profit
28 May 2019
SpiceJet launches daily Mumbai-Jeddah flight
17 May 2019
Jet Air, SpiceJet may join race to acquire segments of Air India
30 Nov 2017
There may be more potential buyers for Air India other than the Tata Group and IndiGo, which have already expressed interest, as Jet Airways and SpiceJet are likely to join the bidding for the debt-ridden airline
SpiceJet eyes fleet of 100 amphibious planes to land on water
05 Oct 2017
The single pilot, 10-14 seater, amphibian planes can take off and land where there is no other mode of transport available and would therefore come handy in places which are unconnected by air due to infrastructure challenges
What a turnaround! SpiceJet becomes world’s top airline stock
27 Jun 2017
Two and a half years after SpiceJet Ltd was forced to ground its entire fleet for being unable to pay a mere $2.2 million in fuel bills, the budget airline has become the world’s best-performing airline stock
SpiceJet steers into retail space with SpiceStyle
14 Jun 2017
With this venture, the company would become the first Indian airline brand to sell its own branded merchandise on online marketplaces
SpiceJet, now well out of red, to order 90-100 aircraft
13 Jan 2017
The order possibly includes a renegotiated order for 42 Boeing 737 Max planes it made in 2014, which at current listed price is expected to be worth over Rs55,000 crore
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation