SpiceJet told the Delhi high court on March 17 that it is undergoing a severe liquidity crunch and is unable to deposit ₹144.51 crore as directed in its ongoing arbitration dispute with Kalanithi ...

The budget airline, hit by losses and Gulf flight cancellations, sought to offer immovable property as security instead of a cash deposit in its long-running arbitration dispute.

A bench of Justices P.S. Narasimha and Alok Aradhe rebuked the airline over the “tons and tons of litigation” in the matter and observed that the dispute, which began in arbitration, was “never seeing ...

SpiceJet chairman Ajay Singh warns that crude oil prices at $90 per barrel are unsustainable for airlines, signaling ...

The case dates back to January 2015. The Supreme Court today dismissed a petition filed by SpiceJet Limited and its chairman Ajay Singh challenging a Delhi High Court order directing the airline to ...

SpiceJet has taken note of the order passed by the Supreme Court of India, which declined to interfere with the earlier direction to provide a security deposit of Rs 144 crore to the court pending ...

SpiceJet's chairman warns Indian airlines may face rising fares and rethink expansion due to unsustainable crude oil prices.

The Supreme Court on Friday junked a plea filed by SpiceJet Limited and its chairman, Ajay Singh, challenging an order by the Delhi High Court to deposit Rs 144.5 crore in the arbitration dispute with ...

SpiceJet Ltd has received many proposals to buy into the company, and the Indian budget carrier is willing to evaluate an offer only if it’s strategic, its chairman and majority shareholder said.

New Delhi, The Supreme Court on Friday junked a plea filed by SpiceJet Limited and its chairman Ajay Singh challenging an order by Delhi High Court to deposit ₹144.5 crore in the arbitration dispute ...