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SpiceJet Offers Equity to Carlyle Against $121 Mn Lease Obligations

The New Indian Express Hubballi

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June 16, 2025

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.

MÁS HISTORIAS DE The New Indian Express Hubballi

The New Indian Express Hubballi

Oppn slams BJP as kin of Maha ministers elected unopposed in local polls

OPPOSITION parties in Maharashtra are questioning how, in one local body election after another, relatives of BJP ministers are winning without any contest.

time to read

1 mins

November 22, 2025

The New Indian Express Hubballi

Every infiltrator will be out after SIR: Shah in Gujarat

UNION Home Minister Amit Shah on Friday transformed the BSF’s 61st Raising Day event in Haripur, Bhuj, into a clarion call for electoral vigilance.

time to read

1 min

November 22, 2025

The New Indian Express Hubballi

The New Indian Express Hubballi

Will intervene to ensure ISL is held: Centre to SC

THE Centre on Friday told the Supreme Court that it will intervene to ensure that the country’s premier football competition — the Indian Super League (ISL) — is held and players are not put to any disadvantage.

time to read

1 min

November 22, 2025

The New Indian Express Hubballi

80-yr-old NRI's Doon land sold off, 27 booked

AN 80-year-old nonresident Indian (NRI) woman has discovered to her shock that her six bighas (5400 sq yards) of inherited land in Dehradun has not only been illegally occupied but also subdivided into plots and sold for crores of rupees while she was residing in the US.

time to read

1 mins

November 22, 2025

The New Indian Express Hubballi

ED crackdown on coal mafia, raids 40 locations in J’khand and Beng

THE Enforcement Directorate (ED) on Friday conducted raids at more than 40 locations across Jharkhand and West Bengal as part of a major push against the coal mafia.

time to read

1 mins

November 22, 2025

The New Indian Express Hubballi

Chess WC: Semifinal ties in balance after Game 1

CHINA'S GM Wei Yi and Uzbekistan’s Nodirbek Yakubboev could not breach the defences of their respective opponents with white pieces as both the semifinals of the World Cup 2025 end in draws on Friday.

time to read

1 min

November 22, 2025

The New Indian Express Hubballi

Teacher dies by suicide due to 'SIR workload'

A 40-year-old teacher and Booth Level Officer (BLO) Arvind Mulji Vadher died by suicide in his native Devli village of Gir Somnath district on Friday, leaving behind a devastating note that directly blamed the crushing workload of SIR (Special Intensive Revision) and rising mental stress.

time to read

1 min

November 22, 2025

The New Indian Express Hubballi

Diplomats talk culture business at Goa film fest

THE 56th edition of the International Film Festival of India (IFFI) on Friday served as a platform for the Centre to explore new pathways to advance bilateral audiovisual cooperation, with a focus on co-production opportunities, creativeeconomy growth, and deeper cultural exchange.

time to read

1 mins

November 22, 2025

The New Indian Express Hubballi

SC seeks EC's reply on fresh SIR pleas

ALSO IN TOP COURT

time to read

2 mins

November 22, 2025

The New Indian Express Hubballi

LEX HAS ALWAYS BEEN A FLEX

T is fashionable to say in India that we did long ago what the West is doing now—though not always with sufficient evidence.

time to read

3 mins

November 22, 2025

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