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SpiceJet To Seek Refund Of Rs 450 Cr From Kalanithi Maran After Delhi HC Ruling - Vimarsana News

SpiceJet To Seek Refund Of Rs 450 Cr From Kalanithi Maran After Delhi HC Ruling

SpiceJet has announced plans to seek a refund of Rs 450 crore from former promoter Kalanithi Maran and his firm, KAL Airways.

Source: india.com
SpiceJet To Seek ₹450 Cr Refund From Former Owner Kalanithi Maran After Delhi High Court Ruling; Shares Surge Over 2% - Vimarsana News

SpiceJet To Seek ₹450 Cr Refund From Former Owner Kalanithi Maran After Delhi High Court Ruling; Shares Surge Over 2%

The Budget carrier, SpiceJet Limited on Wednesday announced through an exchange filing that the airline is planning to ask for a refund of Rs 450 crore from the Rs 730 crore it had paid to its former owner, Kalanithi Maran, and his company, KAL Airways. This decision by the airline come after a ruling by Delhi High Court on May 17.

April domestic air travel growth slows to 13-month low; Air India grows - Vimarsana News

April domestic air travel growth slows to 13-month low; Air India grows

The number of domestic air travelers in India grew 2.42 per cent year-on-year (Y-o-Y) in April, reaching 13.2 million, according to data by the Directorate General of Civil Aviation (DGCA) on Tuesday.

Source: rediff.com
SpiceJet Wins Court Battle, To Reclaim Rs 450 Crore From Kalanithi Maran - Vimarsana News

SpiceJet Wins Court Battle, To Reclaim Rs 450 Crore From Kalanithi Maran

SpiceJet on Wednesday said it will seek a refund of Rs 450 crore out of the total Rs 730 crore paid to the airline's former promoter Kalanithi Maran and his firm KAL Airways following a Delhi High Court ruling.

SpiceJet To Seek Rs 450 Crore Refund From Kalanithi Maran After Delhi High Court Ruling - Vimarsana News

SpiceJet To Seek Rs 450 Crore Refund From Kalanithi Maran After Delhi High Court Ruling

Following the Delhi High Court ruling, SpiceJet has announced plans to seek a refund of Rs 450 crore from former promoter Kalanithi Maran and his firm, KAL Airways.

Source: ndtv.com