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Representational image only. | Photo Credit: Reuters Shares of SpiceJet on September 15 climbed more than 4% after the company completed a payment of $1.5 million to global investment bank and financial services firm Credit Suisse. The stock gained 4.22% to ₹40 after a positive beginning on the Bombay Stock Exchange (BSE.) SpiceJet has complied…
The Supreme Court had on July 25 given additional time to SpiceJet to make the payment. New Delhi: The Supreme Court has come down hard on SpiceJet Chairman and Managing Director Ajay Singh, warning him he will be sent to Tihar jail for non-compliance with its order on making payment to global investment bank and…
Credit Suisse and SpiceJet have been engaged in a legal dispute since 2015 (Representational) New Delhi: SpiceJet said on Monday it would pay $1.5 million to Credit Suisse as demanded by the Supreme Court. Earlier in the day, the Supreme Court ordered SpiceJet to make the payment by September 15 in a case related to…
