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Ranjeet Nabha

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SpiceJet stakeholders reject ADAG offer

Key shareholders of low-cost airline SpiceJet have rejected an offer by the Reliance ADA Group to pick up a 51 per cent stake in the airline for Rs 40-45 per share. The offer was made last week.......

New twist in bid for Spicejet

Sun TV promoter Kalanithi Maran, through his advisors, is talking to hedge fund Wilbur L Ross to buy its entire 30 per cent stake in low-cost carrier SpiceJet Ltd. Maran's representatives have......

SpiceJet to get $65 mn funding soon

Low-cost carrier SpiceJet will receive about $65 million within a week as the second tranche of investment by US private equity firm WL Ross and Co and by Goldman Sachs. Wilbur Ross had earlier......

Wilbur Ross has $300 million to spend in India

India has been a slog for Wilbur L Ross Jr. The New York investor, who likes to buy downtrodden assets and then cut away every inch of fat to rehabilitate them, opened an office in Mumbai two years......

Wilbur Ross invests Rs 345 cr in SpiceJet

SpiceJet on Tuesday said the private equity firm led by billionaire Wilbur Ross will invest $80 million (about Rs 345 crore) in the low cost airline. The board of directors of SpiceJet has accepted......

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