 "SpiceJet settles salary debts and faces operational turmoil, despite raising funds, while market share continues to plummet dramatically.")
SpiceJet, a low-cost airline in India, has cleared all pending salary dues for its employees after raising Rs 3,000 crore through a qualified institutional placement. However, it has recently faced significant financial challenges, including a decline in Market share from 5.6% in January 2023 to just 2.3% in August 2024. The airline owes Rs 3,700 ...
 "Supreme Court Demands Clarity as Sahara’s Investor Refund Saga Continues")
The Supreme Court has instructed the Sahara Group to provide details about its officials and current shareholders, as well as a list of properties that can be sold to raise Rs 10,000 crore. This amount is needed for returning investors’ money, following a court order from August 2012. The court, which has been addressing this ...
 "Government Reaps Rs 2,413 Crore Dividend from BPCL: Financial Surge Continues")
The Indian government received Rs 2,413 crore in dividends from Bharat Petroleum Corporation Limited (BPCL), as announced by the Department of Investment and Public Asset Management (Dipam). This amount is part of a total Rs 15,389.14 crore collected from various public sector enterprises in the current financial year, which includes dividends from companies like Indian ...
**Today’s Current Affairs: CSK Batting Coach Discusses Dhoni’s Future** In the latest current affairs, Chennai Super Kings’ batting coach, Michael Hussey, has shed light on the uncertainty surrounding MS Dhoni’s future in the IPL. Hussey mentioned that Dhoni keeps his plans close to his chest, leaving everyone guessing whether he will be back next year. ...
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