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SpiceJet’s flash sales in crunch time confirm model is working
Thu, Jan 29 2015. 03 06 PM

SpiceJet’s flash sales in crunch time confirm model is working

Experts say flash sales help generate capital, fill seats which would have gone empty and tap the leisure segment
SpiceJet launches flash sale, offers 500,000 seats at discounted rates
Thu, Jan 29 2015. 03 04 PM

SpiceJet launches flash sale, offers 500,000 seats at discounted rates

The booking period is between 28 January and 30 January for the travel period 15 February-30 June
Jaiprakash Power may default on $200 mn convertible bonds
Thu, Jan 29 2015. 12 34 AM

Jaiprakash Power may default on $200 mn convertible bonds

Firm looks to discuss repayment schedule with bondholders, says can pay all amounts due in February by Mar 2016
SpiceJet secures Rs100 cr loan to meet short-term liabilities
Wed, Jan 28 2015. 12 33 AM

SpiceJet secures Rs100 cr loan to meet short-term liabilities

Airline is awaiting approval from Sebi for a rescue plan under which control will be transferred to an original co-founder and other investors
ADB to part fund GMR Infra’s Mactan Cebu airport project
Tue, Jan 27 2015. 04 54 PM

ADB to part fund GMR Infra’s Mactan Cebu airport project

The multilateral finance institution will lend $75 million for its $750 million Philippines airport project
Essel Propack plans to grow beyond oral care segment
Tue, Jan 27 2015. 01 02 AM

Essel Propack plans to grow beyond oral care segment

Firm targeting at least 50% of revenue from the non-oral segment in two years, says Ashok Goel, managing director
Air India plans to add capacity on domestic routes
Tue, Jan 27 2015. 12 22 AM

Air India plans to add capacity on domestic routes

Airline plans to deploy five new fuel-efficient narrow-body aircraft and two additional wide-body planes
AirAsia abolishes fuel surcharge across all its airlines
Mon, Jan 26 2015. 05 29 PM

AirAsia abolishes fuel surcharge across all its airlines

The abolishment of fuel surcharge will further reduce travel costs and stimulate more demand for travel and tourism
SBI accuses Kingfisher Airlines of diverting funds
Mon, Jan 26 2015. 12 44 AM

SBI accuses Kingfisher Airlines of diverting funds

SBI alleges that the grounded airline is paying excess rental on aircraft leased from two Mauritius-based entities whose top executives were earlier associated with Vijay Mallya’s UB Group
SpiceJet deal may get rare exemption by Sebi
Sun, Jan 25 2015. 09 01 PM

SpiceJet deal may get rare exemption by Sebi

Sebi may let Ajay Singh, other investors off from making an open offer to Spicejet’s minority shareholders

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