SpiceJet's revival plan

SpiceJet shares zoom 9% on proposed revival plan

Shares of SpiceJet surged 9 percent on Friday following reports that the budget carrier would submit a revival plan to the government on the basis of a proposed investment of USD 200 million from founding promoter Ajay Singh and US-based JP Morgan Chase.

Dec 26, 2014, 18:47 PM IST

SpiceJet submits revival plan to govt

Troubled budget carrier SpiceJet on Friday submitted a revival plan to the government on the basis of a proposed investment of USD 200 million from founding promoter Ajay Singh and US-based JP Morgan Chase.

Dec 26, 2014, 17:51 PM IST