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SPICEJET SHARES PLUMMET 5% AMID LAYOFF RUMORS

The Business Guardian

|

February 13, 2024

SpiceJet drops 5% after report says airline mulls laying off 1.4K employees

SPICEJET SHARES PLUMMET 5% AMID LAYOFF RUMORS

SpiceJet's stock fell by 4.6% to Rs. 65 per share during Monday's intraday trading on the BSE following reports suggesting the airline is contemplating laying off 15% of its workforce. Amid financial difficulties, the cash-strapped airline is reportedly considering reducing its staff by 1,400 employees, which accounts for approximately 15% of its total workforce, as a measure to cut costs.

The Business Guardian'den DAHA FAZLA HİKAYE

The Business Guardian

The Business Guardian

Beyond trade: Defence as the strategic core of India-EU FTA

The FTA, if successfully executed, will invariably drive both the global actors into each other's defence- industrial value complex, something a typical procedurally rigid Brussels is particular about.

time to read

5 mins

December 28, 2025

The Business Guardian

India's electronics production...

Notably, India is the second-largest mobile manufacturing country in the world.

time to read

1 min

December 28, 2025

The Business Guardian

India-New Zealand FTA means...

The FTA Opens Skilled Employment Pathways

time to read

1 min

December 28, 2025

The Business Guardian

The Business Guardian

Nvidia joining Big Tech deal spree, to license Groq technology

Nvidia has agreed to license chip technology from startup Groq and hire away its CEO, a veteran of Alphabet’s Google, Groq said in a blog post on Wednesday.

time to read

1 mins

December 28, 2025

The Business Guardian

The Business Guardian

S&P 500 EYES 7,000-MARK, POISED FOR UPBEAT FINISH

Investors are looking for the U.S. stock market to end 2025 on a high note next week, with equities at record peaks and nearing further bullish milestones to close out another strong year.

time to read

2 mins

December 28, 2025

The Business Guardian

The Business Guardian

China eases IPO rules for firms developing reusable rockets

Chinese companies developing reusable commercial rockets will have access to a fast lane for initial public offerings on the tech-heavy STAR market that exempts them from some financial requirements, the Shanghai Stock Exchange said on Friday.

time to read

1 min

December 28, 2025

The Business Guardian

Indian Railways to double train...

The expansion plan focuses on augmenting existing railway terminals by adding new platforms, stabling lines, pit lines, and shunting facilities.

time to read

1 min

December 28, 2025

The Business Guardian

The Business Guardian

US airlines cancel over 1,000 flights

WINTER STORM

time to read

1 mins

December 28, 2025

The Business Guardian

The Business Guardian

NCH recovers Rs 45 crore in refunds for consumers over eight months

The National Consumer Helpline (NCH) helped people across India get back Rs 45 crore in refunds during a recent eight-month period.

time to read

2 mins

December 28, 2025

The Business Guardian

The Business Guardian

ACTING IN AMRIT KAAL FOR VIKSIT BHARAT: YEAR OF TELESCOPIC POLICY REFORMS

It all started with the Union Budget 2025 when the Government of India announced the income tax exemption limit up to Rs 12 lakh per annum.

time to read

4 mins

December 28, 2025

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