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Bhupendra Kansagra

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The man who saved SpiceJet from going bankrupt

Over a typical SpiceJet in-flight meal, Ajay Singh tells Alokananda Chakraborty what it takes to pull a carrier back from the brink.   Would lunch at the SpiceJet headquarters in Gurgaon be......

Will SpiceJet continue to fly amid massive financial crisis?

Despite promoter Ajay Singh pumping Rs 500 crore (Rs 5 billion) into the cash-strapped airline, industry watcher say, SpiceJet needs at least 1,500 crore (15 billion) more to stay afloat.......

SpiceJet to add 7 planes; another Rs 500 cr infusion in April

As it embarks on a revival path, budget carrier SpiceJet plans to lease seven more Boeing 737 aircraft by May while another Rs 500 crore or Rs 5 billion is expected to be infused by its new owner......

Maran to finalise SpiceJet stake sale soon

A consortium led by Ajay Singh is initially expected to invest Rs 1,200 cr, largely to cover liabilities. Kalanithi Maran, majority owner of low-cost air carrier SpiceJet, could within this week......

Spicejet founder director Ajay Singh exits board

Ajay Singh, one of the founder directors of Spicejet, has left the board of the low-cost airline, paving the way for restructuring of the company by its new owner Kalanithi Maran, the promoter of......

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