Shares of troubled low-budget carrier SpiceJet gained as much as 3 percent on October 15 after the company informed that it has reached a settlement with two more lessors for an aggregated sum of $5 million.SpiceJet settled a $23.39 million dispute with Aircastle (Ireland) Designated Activity Company and Wilmington Trust SP Services (Dublin) for a total payment of $5 million, along with an agreeme...

SpiceJet share price gained 7 percent on 9 October, extending the previous session’s rally, after the carrier said that it has amicably settled its dispute with lessors under Babcock & Brown Aircraft Management (BBAM) for $22.5 million. The settlement amount is a notable reduction from the original claim of $131.85 million, said SpiceJet in a stock exchange filing.At about 10 am, SpiceJet stock ...

Sensex and Nifty plunged nearly 1 percent in the final hour of trade, amid worries about escalating conflict in the Middle East. Banking, FMCG, and auto stocks bore the brunt of the sell-off, while IT stocks offered a brief glimmer of hope amidst the market turmoil.At 2.15 PM, the Sensex was down 671 points or 0.8 percent at 81,825 and the Nifty was down 206 points at 25,043. About 1,401 shares ad...

Adani Group stocks are unfazed by reports of FPIs looking to settle securities violation matters with Sebi. The markets regulator found that a dozen offshore funds invested in Adani Group companies violated disclosure rules and breached investment limits.Adani Enterprises, Adani Energy Solutions, Adani Ports & SEZ, and NDTV rose for the fourth consecutive session. Adani Green Energy, Adani Wilmar,...

Several other FPIs that also owned stocks of Adani Group companies and were accused of violations by SEBI are planning to submit settlement applications, the people said.Of the 13 foreign portfolio investors (FPI) flagged by SEBI for failing to maintain and disclose information about their ultimate beneficial owners in listed Adani entities, 8 are looking to settle securities violation matters wit...