Budget carrier SpiceJet on Wednesday said it has amicably settled a $132-million dispute with aircraft leasing firm Babcock & Brown Aircraft Management (BBAM). The dispute, valued at $131.85 million (Rs 1,107 crore) with the lessors -- Horizon Aviation 1 Ltd, Horizon II Aviation 3 Ltd, and Horizon III Aviation 2 Ltd -- has been resolved for $22.5 million, SpiceJet said in a statement.
If you're doing the work, if you're delivering results and contributing to the success of your team or organisation, you deserve to be compensated equitably, says Sonica Aron, founder of HR consultancy firm Marching Sheep.
Australian Bernard Tomic's appeal to overturn a fine for not playing to "required professional standards" at Wimbledon earlier this month has been denied in a stinging rebuke by the Grand Slam board.
BBAM seeks $100 million, return of 6 Boeing 737s.
Low-cost carrier SpiceJet said on Monday it had signed a $1.1 billion deal for sale and lease back agreement, covering 16 brand-new Boeing aircraft.
Reader Abhishek Narang sent us this image from the Wake Forest University Babcock Graduate School of Management, North Carolina.
The criminal jury trail of Susan Su, founder of the Tri Valley University in California that harboured thousands of Indian students, entered a crucial phase on Wednesday with closing statements by both the plaintiff and defence lawyers.
Business is down to such an extent that last year these firms could not even meet RBI's capital norm of Rs 50 million for partnerships and Rs 100 million for public and private firms in this line of business.
Today, they can't meet even the piffling capital norm set by Mint Road - Rs 5 crore for partnerships and Rs 10 crore for public and private firms in this line of business. Bulk of the trades are put through e-platform offerings of Reuters, Bloomberg, JPMorgan, Barclays or Deutsche Bank. And they have the web-based FXall, FXconnect, Atriax, Hotspotfx and LavaFX for company.
The jury trial of Susan Xiao Ping Su, the president and owner of the now shutdown Tri-Valley University in California, began on March 3.
The court order could put SpiceJet's revival plan under stress.