SpiceJet hives off cargo & logistics business into separate entity from April 1

SpiceJet hives off cargo & logistics business into separate entity from April 1

Representational image only. | Photo Credit: Reuters SpiceJet Limited on April 3 said it has hived off its cargo and logistics business SpiceXpress into a separate entity — SpiceXpress and Logistics Private Limited, from April 1. “The move results in a one-time gain of ₹2,555.77 crore for SpiceJet, substantially reducing its negative net worth,” the […]

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SpiceJet CMD Ajay Singh takes over as Assocham President

SpiceJet CMD Ajay Singh takes over as Assocham President

SpiceJet’s Chairman & Managing Director Ajay Singh takes over as Assocham President | file photo | Photo Credit: AFP SpiceJet’s Chairman & Managing Director Ajay Singh has assumed charge as the President Assocham, replacing Renew Power MD Sumant Sinha after the completion of his tenure. Sanjay Nayar, founder and Chairman of Sorin Investment Fund is […]

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Lather upsets Ajay to take the 81kg gold

Lather upsets Ajay to take the 81kg gold

Jasvir and Arokiya take the bragging rights in the women’s 64kg and 76kg categories  Jasvir and Arokiya take the bragging rights in the women’s 64kg and 76kg categories  Deepak Lather beat two-time Commonwealth championships gold medallist and fellow Services lifter Ajay Singh to claim his first gold medal in the men’s 81kg weight category in […]

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SpiceJet MD booked for defrauding businessman, airline calls complaint ‘bogus’

SpiceJet MD booked for defrauding businessman, airline calls complaint ‘bogus’

The complainant alleged that SpiceJet’s Managing Director Ajay Singh delivered a fake depository instruction slip of shares worth ₹10 lakh for services provided to him, but the airline has hit back saying it will file a defamation suit The complainant alleged that SpiceJet’s Managing Director Ajay Singh delivered a fake depository instruction slip of shares […]

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Will be ‘doubly careful’, strengthen aircraft inspection before flights: SpiceJet CMD Ajay Singh

Will be ‘doubly careful’, strengthen aircraft inspection before flights: SpiceJet CMD Ajay Singh

SpiceJet will now be “doubly careful” and strengthen inspection of aircraft before they leave to operate flights, airline’s CMD Ajay Singh said on July 6. Aviation regulator DGCA issued a show-cause notice to SpiceJet on Wednesday following eight technical malfunction incidents involving the airline’s planes in the last 18 days. “We will work with them […]

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