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The Supreme Court on July 25 gave additional time to SpiceJet to make the payment to Credit Suisse as per the consent terms agreed upon by the two parties.
The top court asked Singh to pay USD 5,00,000 towards an instalment to the Swiss firm along with USD 1 million defaulted amount
Talking about various macro indicators, the SpiceJet CMD said that the government is handling economy well and largely, the inflation is also under control, adding that there are few economies that are suffering due to high inflation., Companies News, Times Now
Sanjay Nayar, founder and Chairman of Sorin Investment Fund is the new Senior Vice-President of Assocham, the industry body said.
Singh’s comments come after the DGCA issued a show-cause notice to SpiceJet on Wednesday due to a spate of incidents of technical malfunction in its aircraft over the last 18 days.