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SpiceJet loss widens to 621 cr on higher costs

Financial Express Chandigarh

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November 13, 2025

SPICEJET ON FRIDAY reported a consolidated net loss of 621 crore in the second quarter of FY26, up 35% from %458 crore inthe same quarter of FY25.The losses were attributed to weak demand, grounded fleet, recalibration of dollar-based future obligations and airspace restrictions, which sharply increased operating costs.

- NITIN KUMAR

The airline’s revenue from operations declined 13% to 792 crore, down from %915 crorein the corresponding quarter last year. The company reported an operating loss of

WEITERE GESCHICHTEN VON Financial Express Chandigarh

Financial Express Chandigarh

Firms excited to seize upon free trade pact with India: UK

THE UK GOVERNMENT has said that the free trade pact with India, once implemented, is expected to significantly enhance the 44.1-billion-pound bilateral trade partnership, and companies from both sides are “excited” to seize the investment and growth opportunities.

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1 min

December 03, 2025

Financial Express Chandigarh

Making socialism great again?

US IS MOVING TOWARDS AN ECONOMY WHERE THE GOVT IS A PLAYER ON THE FIELD RATHER THAN A REFEREE

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4 mins

December 03, 2025

Financial Express Chandigarh

Year-end car discounts turn softer this December

Price resets post-GST 2.0 & leaner unsold inventories have eased pressure on dealers for fresh offers

time to read

2 mins

December 03, 2025

Financial Express Chandigarh

‘Video advertising is no longer a big brand thing’

New research from Amazon Ads shows 89% of Indian SMB marketing leaders believe AI will free up time for strategic priorities, even as 60% feel overwhelmed by the number of tools available. So its priority now is to simplify high-quality ad creation for resource-strapped businesses.

time to read

3 mins

December 03, 2025

Financial Express Chandigarh

Bonds rally on short covering

Bond yields rise when prices fall.

time to read

1 min

December 03, 2025

Financial Express Chandigarh

FM bats for better sharing of tax data among nations

COUNTRIES MUST COLLABORATE in tax matters as new financial products emerge and the economies become more digital, Finance Minister Nirmala Sitharaman said on Tuesday. Evolving structures of “beneficial ownership” necessitate continued cooperation between jurisdictions, she said.

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1 mins

December 03, 2025

Financial Express Chandigarh

Fireside closes fourth fund at $235 mn

FIRESIDE VENTURES HAS announced the final close of its fourth fund at $253 million, securing commitments from a broad set of global investors, including the Abu Dhabi Investment Authority (ADIA), Investment Corporation of Dubai (ICD), US university endowments, and financial institutions such as HarbourVest, Waterfield,and Fidelity International.On the domestic side,the fund has attracted consumer-focused corporations like Sharrp Ventures, Mirabilis, and Emami, as well as several founders from India’s startup ecosystem.

time to read

1 min

December 03, 2025

Financial Express Chandigarh

Economists see room for ₹2L-cr OMOs by March

THE RESERVE BANK of India (RBI) is likely to conduct open market operations (OMOs) of around %1.5-2 lakh crore by March 2026, said economists.

time to read

1 min

December 03, 2025

Financial Express Chandigarh

‘Our goal is to rebuild and emerge stronger over 18-24 months’

Crypto exchange WazirX restarted operations in October after the exchange faced one of the biggest setbacks from a cyberattack by North Korean hackers in 2024. The firm has completed its restructuring process. Creditors have received 85% funds as of the day of the attack

time to read

3 mins

December 03, 2025

Financial Express Chandigarh

Omnicom agencies take shape in India

DAYS AFTER THE global merger between Omnicom and Interpublic Group (IPG) was finalised, the India structure of the consolidated entity is beginning to take shape.

time to read

1 mins

December 03, 2025

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