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The statement added that KAL Airways and Kalanithi Maran initially sought damages of more than Rs.1300 crore during the arbitration proceedings.
SpiceJet on Tuesday refuted the claims made by KAL Airways and Kalanithi Maran regarding seeking damages of Rs 1,323 crore and said that these assertions were not only legally untenable but also regurgitation of previously rejected claims by ...
SpiceJet share price: On the stock-specific front, SpiceJet was last seen trading 1.03 per cent lower at Rs 57.67. Around 7.31 lakh shares changed hands today at the time of writing this story. The figure was lower than the two-week average volume of 28.62 lakh shares.
SpiceJet's stock dropped during trading and was down roughly 1.9% as of 13:08 p.m., while the benchmark indices were trading flatly.
KAL Airways and Kalanithi Maran on Monday said they will seek more than Rs 1,323 crore in damages from SpiceJet and its chief Ajay Singh as well as challenge the recent Delhi High Court order in the ongoing dispute between the two sides. On May 17, a division bench of the court set aside a single