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SpiceJet shares fall over 5% amid fund infusion woes, salary delays

Liquidity constraints continue at SpiceJet and it has delayed salaries, TDS payments, EPFO deposits to many of its employees due to lack of funds, reported CNBC-TV18 on Feb 14 ....

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'At strongest financial position in recent times': SpiceJet clarifies on delayed salaries, layoffs

In December 2023, SpiceJet announced its interest in acquiring Go First and intends to submit an offer after conducting a thorough due diligence of the financially troubled carrier. ....

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69% passengers say Air India, Vistara face timeliness issues, 46% flag IndiGo for staff attitude: Survey

Passengers were stranded at various airports including Delhi, Lucknow, and Kozhikode among others, due to no prior information before cancellation of flights and a lack of timely updates apart from weather problem, technical glitches and unprofessional behaviour of airlines and airport staff. ....

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SpiceJet shares rise 5% as NCLT dismisses Wilmington Trust's insolvency plea

Wilmington Trust is one of five lessors that had approached the NCLT with a plea to admit SpiceJet into insolvency over unpaid dues by the budget carrier. ....

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SpiceJet shares jump 6%; airline completes first tranche of fundraising of Rs 744 crore

Shares of SpiceJet surged about 6.2 per cent to Rs 65.40 on Monday, commanding a total market capitalization of more than Rs 4,400 crore.
....

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