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A passenger ship service between Kerala and the UAE could potentially start by the end of the year. This service aims to cater to the 22 lakh migrant workers from Kerala, with the goal of reducing fares and allowing for more luggage compared to plane services. The President of the Indian Association Sharjah expressed optimism that the service could begin in December.

Passenger ship service between the United Arab Emirates (UAE) and the southern Indian state of Kerala may soon become a reality again.

India Business News: On March 31, 2023, the airline’s net worth was negative Rs 3,231.6 crore. The airline is battling multiple court cases regarding claims of payments fr

Spicejet Q1 Results: Its operating expenses during April-June 2023 stand at Rs 1,291 crore as against Rs 2,072 crore in the year-ago period

Supreme Court IBC | Date Of Order Pronouncement & Time Taken To Provide Certified Copy Excluded From Limitation Period For Appeal To NCLAT: Supreme Court Case Title: Sanket Kumar Agarwal &...

The Supreme Court has deprecated the practice of NCLAT whereby physical filing of appeals has been made mandatory in addition to e-filing of appeals. While expressing displeasure regarding the said...

The Supreme Court has held that for the purpose of computing limitation for filing of appeal under Section 61(2) of the Insolvency and Bankruptcy Code, 2016, the time taken by Tribunal for providing...

SpiceXpress reports a net profit of Rs 51.4 crore for April-December period of FY23

Get latest articles and stories on Business at LatestLY. Aiming to boost growth in the cargo business, SpiceJet said it has completed the hive-off of its cargo and logistics division SpiceXpress into a separate entity -- SpiceXpress and Logistics Private Limited. It is effective from April 1, Business News | SpiceJet Completes SpiceXpress Hive Off, Says It Will Unlock Value.

SpiceJet Ltd on Monday said it has hived off its cargo and logistics business SpiceXpress into a separate entity -- SpiceXpress and Logistics Pvt Ltd, from April 1. The move results in a one-time gain of Rs 2,555.77 crore for SpiceJet, substantially reducing its negative net worth, the company said. It also paves the way for SpiceXpress to raise funds independently, SpiceJet said.