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Another penality: Sebi imposes Rs 86 crore fine on DLF, stock down

Feb 27, 2015

Another penality: Sebi imposes Rs 86 crore fine on DLF, stock down

In the biggest-ever penalty in a single case, market regulator slapped fines totalling Rs 86 crore on realty giant DLF, its top executives, their family members and various other related entities for entering into "sham transactions" to mislead IPO investors about eight years ago. #DLF #CompanyWatch #CCI #Real estate
SpiceJet receives Rs 500 cr from new promoter Ajay Singh

Feb 26, 2015

SpiceJet receives Rs 500 cr from new promoter Ajay Singh

Singh now holds over 60.31 percent stake (more than 36.15 crore shares) in the carrier after buying former promoter Marans' entire stake, according to a regulatory filing. #Competition Commission of India #Aviation #SpiceJet #CompanyWatch #Ajay Singh
Vistara beats the fog, achieves 89% OTP in first month of operation

Feb 25, 2015

Vistara beats the fog, achieves 89% OTP in first month of operation

According to the DGCA statistics for January, released last week, while IndiGo had an on-time performance of 73.3 percent in January, another budget carrier GoAir clocked an over all 65.8 percent OTP in the reporting month. #Aviation #SpiceJet #CompanyWatch #GoAir #DGCA #On-time performance #Vistara
Jet Airways offers international discounts: Fly Delhi-Dubai for just Rs 3,135

Feb 25, 2015

Jet Airways offers international discounts: Fly Delhi-Dubai for just Rs 3,135

The offer, according to a press release issued by the airline, is also available on travels on Etihad Airways flights from Abu Dhabi which the company has a tie-up with. #Jet Airways #CompanyWatch #Abu Dhabi #Etihad Airways #International fares
Relief for SpiceJet staffers as Ajay Singh says no big cut in manpower

Feb 25, 2015

Relief for SpiceJet staffers as Ajay Singh says no big cut in manpower

Sources told CNBC-TV18 that the airlines will see significant rejig of the top management but people at junior and mid levels will not be disturbed. #Bombay Stock Exchange #Aviation #SpiceJet #Kalanithi Maran #CompanyWatch #Kal Airways #Ajay Singh