Latest News
-
1:2 Bonus, Rs 401/Sh Dividend; Tata's NBFC Stock Falls On Big Update Related To Dividend Recommendations -
Crude Oil Prices Soar 4% Amidst Rising Middle East Conflict; Brent Surges Past $90 A Barrel -
Bloodbath In Stock Market: Sensex, Nifty Crashes By 1% On April 19; 10 Key Points Here -
Black Friday For Market? Sensex & Nifty Decline For The 5th Straight Day Amidst Rising Geopolitical Tensions -
Rupee Falls To Record Low Against US Dollar As Israel Strikes Iran -
Adani Ports: Why Adani Group's Cash-Cow Stock Falls Amid Israel-Iran Conflict? Explained! -
Iran-Israel War: How It Impacts Nifty, Sensex And Indian Rupee -
Rs 5/Share Dividend: Record Date In Due Course; Buy The Capital Goods Stock? -
Stocks To Buy: 2 Trade Calls By Chandan Taparia of Motilal Oswal On Friday, 19 April -
New Rules Mandate Aadhaar For Small Savings Schemes
SpiceJet Shares Rally After Ajay Singh Re-enters With Revival Plan
Shares of the SpiceJet rallied after the company original promoter promoter Ajay Singh made a come-back with long term revival plan.
Shares of the Sun TV Network owned by Mr Kalanithi Maran also jumped 12.87 per cent to Rs 423.90
Spicejet Ltd proposed that principal shareholder and Promoter, Mr. Kalanithi Maran and KAL Airways Private Limited to transfer the ownership, management and control of the Company to Mr. Ajay Singh.
The Board has further directed the Company to take further steps to implement and undertake all necessary steps including to make the appropriate application before the Ministry of Civil Aviation, Government of India for seeking approval of the ‘Scheme of Reconstruction and Revival for the takeover of ownership, management and control of SpiceJet Limited'.
Shares of the Airline was seen trading higher by 9.92 per cent at Rs 20.50 on BSE at 2.05 pm IST. SpiceJet has not traded in the last 30 days on NSE.
Shares of the Sun TV Network was trading at Rs 417 higher by 11.30 per cent on BSE. It touched an intra-day high of Rs 423.
GoodReturns.in
