ajay singh – The News Desk

3Dec

By adminNo Comments

Business

Who is leading at 10:30 am?

According to the early trends in Madhya Pradesh, the BJP is leading in the state and has crossed the halfway mark of 116 seats. Congress is in second place with 91 seats. MP Assembly election 2023: Who is leading at 10:30 am? According to TV reports, the trends for 230 seats out of the total 230 are out. BJP was leading on 138 seats, followed by 88 of Congress. To win the state, a party or coalition needs to win 116 seats. According to the website of the Election Commission of India (ECI), the BJP was leading on 137 seats followed by the Congress on 57 seats. Other parties are leading on 3 seats. Chief Minister Shivraj Singh Chouhan is leading from Budhni. Union Minister of State for Food Processing Industries Prahlad Singh Patel is leading from Narsin...

SpiceJet to Delhi High Court

Spicejet told the Delhi High Court on Monday that it was "struggling to stay afloat" after the low-cost carrier was ordered to make a payment to its former owner Kalanithi Maran over money owed. The airline told the court that forcing it to pay in cash would be detrimental to the parties involved in the case, and none of the stakeholders would benefit if the budget airline went into insolvency. The court told airline's Chairman and Managing Director Ajay Singh to attend the hearing on January 10 regarding payment of arbitral award dues to founder of the Sun Group and promoter of Kal Airways Maran. Senior Advocate Maninder Singh, appearing for Maran, told the court that SpiceJet had to pay Rs 440 crore to them as interest aris...

SpiceJet pays Rs 100 crore to Kal Airways and Maran towards arbitral award

SpiceJet on Tuesday paid Kal Airways and its promoter Kalanithi Maran Rs 100 crore out of an order of Rs 380 crore for an arbitral award, the airline said in a statement on Tuesday. On Monday, the Delhi High Court had asked the low-cost airline to complete the payment. "SpiceJet Ltd. has made a payment of Rs 77.5 crore to Kal Airways Private Limited and will complete the payment of Rs 100 crore today by paying Rs 22.5 crore as per the directions of the Hon’ble Delhi High Court," it said. "SpiceJet acknowledges the legal process and is committed to complying with all court directives and obligations in the Credit Suisse matter and will pay $1.5 million as per the court directive. To date, SpiceJet has already paid $8 million to Credit Suisse as per consent terms," the ...