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Apparently, over 45 days ago, SpiceJet had requested Rs.500 cr of a working capital loan from Yes Bank, which has still not been granted to the airline

Excise department issues notice to SpiceJet to clear tax dues

PGurus Newsdesk - 0
SpiceJet asked to repay Rs.62 cr taxes due by the Excise dept SpiceJet has been sent a notice to pay up Rs.62 crore taxes due...
Was SpiceJet sold to someone in the Modi government in exchange for being let off on another scam? And who now owns it? Lots of interesting details on this shady deal between an ex-OSD and the Marans.

The SpiceJet Saga – ModiLuft to the Present and Who Really Owns it?

Sahil Mishra - 0
Was SpiceJet sold to someone in the Modi government in exchange for being let off on another scam? And who now owns it? Lots...
Is it just a numbers game or is there a hidden play? Whose benami is Ajay Singh? More questions than answers as SpiceJet continues to intrigue

Maran rejects Ajay Singh’s proposal to settle the SpiceJet deal

Team PGurus - 0
SpiceJet: Maran family not happy with the numbers? After the controversial Two Rupees deal of 2015, the Maran family-controlled Kal on Monday told the Supreme...
Top court stayed the publication of winding up notice and the order directing the official liquidator attached to the Madras HC to take over the airline's assets

SC grants 3 weeks to SpiceJet to resolve financial issues with Swiss firm. Do...

Team PGurus - 0
Madras HC's order to wind up SpiceJet stayed for 3 weeks by SC The Supreme Court on Friday granted three weeks to SpiceJet to resolve...
Interesting to note, Spice Jet bid for Air India while it had not even had money to pay dues of 20 million dollars or even to deposit 5 million dollars to avoid the liquidation process

Madras High Court orders winding up of SpiceJet over outstanding dues of 20 million...

Team PGurus - 0
Madras High Court asks liquidator to take over SpiceJet assets for unpaid dues The Madras High Court has ordered the winding up of private airline...
Why did Mukesh Ambani acquire a majority stake in NDTV?

Mukesh Ambani friendly firms acquire majority control in NDTV, after SpiceJet Ajay Singh’s exit

Team PGurus - 11
Now it is crystal clear that SpiceJet owner Ajay Singh has withdrawn from acquiring NDTV. Though Ajay Singh cited complicated legal cases and bad...
Swamy alleges Money Laundering in the transfer of ownership of SpiceJet

Swamy writes to ED, urges probe of $150 million Money Laundering in dubious SpiceJet...

Team PGurus - 2
Senior BJP leader Subramanian Swamy wrote to the Director of Enforcement Directorate (ED) urging him to probe the huge money laundering that occurred in...
Shri Ram Mandir to make large economic impact as India gets a new tourist spot which could attract 50 million plus tourists a year

Shri Ram Mandir to attract 5 crore tourists every year: Jeffries report

PGurus Newsdesk - 0
Jeffries report says Ayodhya Ram Mandir to transform UP into India's pilgrimage, tourism hub The grand Shri Ram Mandir in Ayodhya is expected to have a...
Legal amendments is expected to create a favorable environment in India by reducing their risk and allowing them to repossess their aircraft

Indian aviation industry leaders hail game-changing legal amendment; meet Scindia to thank him

PGurus Newsdesk - 0
Air India, Vistara, IndiGo, and SpiceJet chiefs meet Scindia High-ranking representatives from four major airlines in India, including Air India, SpiceJet, Vistara, and IndiGo, convened...
What are the options before Prannoy Roy? Nothing, just to sell his 32% shares and buzz off to his bungalow in Cape Town in South Africa

Game over for Prannoy Roy after Income Tax issues clean chit on Mukesh Ambani...

Team PGurus - 3
Did the road end for Prannoy Roy? With Income Tax giving clean chit to Mukesh Ambani linked company to acquire more than 29% of NDTV’s...
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