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SpiceJet Offers Equity to Carlyle Against $121 Mn Lease Obligations

June 16, 2025

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The New Indian Express Kochi

DEBT-RIDDEN budget airline SpiceJet Limited will issue equity shares of the company to Carlyle Aviation Management Limited (CAML) in lieu of outstanding aircraft lease obligations totaling $121 million as of March 31, 2025.

- ENS ECONOMIC BUREAU @New Delhi

This agreement aims to deleverage the airline's financial statements and represents a crucial step in its ongoing efforts to stabilize its operations.

المزيد من القصص من The New Indian Express Kochi

The New Indian Express Kochi

Trump to Hamas: Accept Gaza peace deal by Sunday or suffer more attacks

U.S. President Donald Trump said Friday that Hamas must agree to a proposed peace deal for Gaza by 6 PM Eastern time on Sunday and threatened the group will suffer more attacks if it doesn't.

time to read

1 min

October 04, 2025

The New Indian Express Kochi

India's disease burden will reduce by a third if PM2.5 level is cut by 30%

HEALTH DASHBOARD

time to read

2 mins

October 04, 2025

The New Indian Express Kochi

'Innovation, not cronyism': Rahul showers praises on Indian auto companies

CONGRESS leader Rahul Gandhi, during his visit to Colombia, praised the global success of Indian two-wheeler companies while criticising \"crony capitalism\" and what he called a \"wholesale attack on democracy\" in India.

time to read

1 min

October 04, 2025

The New Indian Express Kochi

US Senators question TCS’ hiring practice

TWO US Senators have shot off a letter to the Tata Consultancy Services (TCS), raising concerns about its hiring practices in the US and questioning its rationale for filing thousands of H-1B visa petitions after allegedly laying off local staff.

time to read

1 min

October 04, 2025

The New Indian Express Kochi

The New Indian Express Kochi

Scrapped comps to be donated to govt schools

THE Centre has found a way to reduce the stash of old computers and laptops in government offices, as the usable machines declared scrapped will be donated to state-run schools and other educational institutions.

time to read

1 mins

October 04, 2025

The New Indian Express Kochi

REGULAR TRAINING CAN STEM ROT IN JUDICIARY

N an exemplary intervention, the Supreme Court recently directed two judicial officers in Delhi to undergo a week-long training, flagging serious lapses on their part in granting bail in a fraud case.

time to read

1 mins

October 04, 2025

The New Indian Express Kochi

Coconut picker blacks out atop tree, friend’s heroics come to rescue

2 - HOUR ORDEAL

time to read

1 mins

October 04, 2025

The New Indian Express Kochi

TJS, THAT LEGEND DOWN THE CORRIDOR

THERE are journalists, and then there are journalists who get that rare prefix, 'legendary'.

time to read

2 mins

October 04, 2025

The New Indian Express Kochi

Coop society in every panchayat by '29, says Shah

UNION Home and Cooperation Minister Amit Shah on Friday said that by 2029, every panchayat in the country will have a cooperative society.

time to read

1 min

October 04, 2025

The New Indian Express Kochi

One of two victims in UK synagogue attack likely killed by police bullet

ONE of the two men killed in a car and knife attack on a synagogue in Manchester appears to have been killed by a bullet fired by a police officer as worshippers tried to stop the attacker getting into the building, law enforcement authorities said Friday.

time to read

1 min

October 04, 2025

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