New Delhi: Following are the stocks that could be in focus on Friday: Zomato: Svf Growth (Singapore) Pte, part of Japan’s SoftBank Group, will sell a 1.1% stake in food-delivery company Zomato Ltd Friday for an estimated ₹1,127.5 crore, or $135 million, as per the term sheet of the blockRead More →
The Boeing 737 aircraft was going from Ahmedabad to Dubai. Karachi: A SpiceJet plane flying from Ahmedabad to Dubai was diverted to Karachi’s Jinnah International Airport due to a medical emergency on board, officials said here. They said the SpiceJet flight SG-15 made an emergency landing here around 9.30 pmRead More →
Low-cost carrier SpiceJet Ltd, having a market valuation of ₹2,195.53 crore is expected to see healthy pick-up in aviation traffic over FY23-FY25E due to the pickup on healthy demand for leisure travel in post Covid era, according to report by Reliance Securities. The report expects healthy pick-up in aviation trafficRead More →
SpiceJet Ltd reported a nearly five-fold surge in third-quarter profit on Friday, as the embattled low-cost carrier benefited from soaring demand for air travel. The airline said its profit rose to ₹107 crore for the three months ended 31 December, from ₹23.3 crore, a year earlier. Know your innerRead More →
Here are the top 10 stocks that could be in focus in today’s trade: Adani Group: Adani Group has appointed accountancy firm Grant Thornton for independent audits of some of its companies in a bid to discredit claims by short-seller Hindenburg Research that have battered its stocks and bonds, twoRead More →
The civil aviation ministry will create a “substantial” number of posts at the Directorate General of Civil Aviation (DGCA) to enhance its safety oversight function, Union minister Jyotiraditya Scindia has said. Responding to a recent communication by Rajya Sabha MP Priyanka Chaturvedi, the civil aviation minister also said the DGCARead More →
SpiceJet will now be “doubly careful” and strengthen inspection of aircraft before they leave to operate flights, airline’s CMD Ajay Singh said on Wednesday. Aviation regulator DGCA issued a show-cause notice to SpiceJet on Wednesday following eight technical malfunction incidents involving the airline’s planes in the last 18 days. “WeRead More →
Aviation Minister Jyotiraditya Scindia on Friday said he is examining the matter of airlines charging passengers a fee for issuing boarding passes at check-in counters inside the terminals. Ridiculous .Is @JM_Scindia listening? https://t.co/HBL8hUo4oT — Madhavan Narayanan (@madversity) May 13, 2022 A passenger named Neeti Shikha said on Twitter: “New ruleRead More →
At least 40 passengers were injured after a SpiceJet flight was caught in a storm just before landing at Andal (Kaji Nazrul Islam) airport of West Bengal on Sunday. According to SpiceJet sources, out of the 40 injured passengers, 12 sustained serious injuries and were taken to a nearby privateRead More →
