The recent rebound in SpiceJet's share price followed a statement by Chairman and Managing Director Ajay Singh, who announced that the airline would be operating 100 additional flights over the next few days to support passengers amid widespread IndiGo flight delays and cancellations across the country.
SpiceJet: The budget carrier reported a consolidated net loss of Rs 238 crore for the quarter ended June 30, 2025 (Q1 FY26), against a net profit of Rs 150 crore in the year-ago period.
Donald Trump’s return and creation of high tariff barriers have raised concerns globally. What does it mean for India’s trade future? Ajay Srivastava, Founder, GTRI; Dr Ajay Sahai, DG & CEO, FIEO; Agneshwar Sen, Trade Policy Leader, EY India; and Dr Harsha Vardhana Singh, Chairman, IKDHVAJ Advisers join Consulting Anchor Aabha Bakaya and Business Today Economy Editor Surabhi to decode the impact of protectionism, WTO reforms, and strategic trade realignments. The panel discusses India’s response, supply chain diversification, FTAs, and how businesses can navigate global volatility. A must-watch for exporters, policymakers, and economists. Event sponsored by Adani, Government of Goa, Kone, Fortinet, and ARTHAUS & ZOYA.
Join Business Today for an in-depth look at the groundbreaking Malegaon Blast Verdict 2025, delivered today, July 31, 2025, by a special NIA court, acquitting all seven accused after 17 years of legal battles. On September 29, 2008, a devastating blast rocked Malegaon town in Nashik, Maharashtra, near a local mosque, claiming 6 lives and injuring over 100 people. The explosion, triggered by an explosive device strapped to an LML Freedom motorcycle, sparked the controversial "Hindu terror" narrative under the then Congress-led UPA government. The seven key accused—Pragya Singh Thakur, Lt Col Prasad Purohit, Major Ramesh Upadhyay, Ajay Rahirkar, Sudhakar Dwivedi, Sudhakar Chaturvedi, and Sameer Kulkarni—faced serious charges of terrorism and murder, a label fiercely contested by them and their families. After 17 years of twists and turns, the NIA court acquitted all seven, citing a lack of concrete evidence. The court highlighted the failure of probe agencies to prove that Col Purohit brought the RDX or assembled the bomb, and there was no solid link between the blast vehicle and Pragya Singh Thakur. In a powerful statement, the court declared, "Terror has no religion," emphasizing that strong narratives must be backed by proof—a critique of the investigation’s shortcomings. The acquitted, including former BJP MP Pragya Thakur, who broke down in court alleging a plot to malign Hinduism, and Purohit, who called himself a wronged patriot, hailed the verdict as the end of a witch hunt. However, the victims’ families, dissatisfied with the outcome, are planning to appeal in the High Court, seeking justice for the lost lives.
Earlier this month, US President Donald Trump claimed that he had brokered a ceasefire between India and Pakistan during the conflict.
SpiceJet shares surged 7% in Wednesday’s afternoon trade, snapping a three-day losing streak, after the Supreme Court dismissed a ₹1,300 crore damages appeal filed by Kalanidhi Maran and Kal Airways. The appeal had challenged a Delhi High Court order that rejected their claim due to significant delays in filing and refiling. The Supreme Court's decision provided a sentiment boost for investors, reinforcing SpiceJet’s legal position in the long-standing dispute. The case dates back to 2015, when Maran and Kal Airways transferred their stake in the airline to Ajay Singh, who took over liabilities of around ₹1,500 crore. With this ruling, SpiceJet gains both legal clarity and investor confidence.
SpiceJet founder Ajay Singh will infuse Rs 294 crore into the airline to strengthen its financial position and long-term stability
In today's episode of Business Today TV, anchor Shailendra Bhatnagar delves into the recent fluctuations in the Indian stock markets. Despite opening 200 points down in the pre-open session, both Nifty and Sensex rebounded during the opening trade. Nifty is trading at 22,478.50, up 81.30 points (0.36%), while Sensex stands at 74,117.75, an increase of 288.84 points (0.39%). Sector-wise, Nifty Pharma and Healthcare lead with 1.5% gains, followed by Nifty Financial Services up 0.9%, and Nifty Bank mirroring this trend. Conversely, Nifty IT and FMCG sectors are down by 0.6% and 0.31%, respectively. This positive sentiment aligns with global markets, as indices like Nikkei 224 and Hang Seng have risen over 1%. Foreign Institutional Investors (FIIs) net sold shares worth ₹792.90 crore, whereas Domestic Institutional Investors (DIIs) net bought shares totaling ₹1,723.82 crore on March 13. Key stocks in focus Today: 1. Apollo Hospitals: The board has approved a ₹742.5 crore investment by Rasmeli Limited into Apollo Healthco Limited. 2. Zydus Life: Received USFDA approval for Eluxadoline Tablets with 180 days of exclusivity, targeting a $243.7 million market. 3. Maharashtra Seamless: Secured a ₹298 crore order for seamless pipes. 4. Ceigall India: Awarded a project worth ₹923 crore. 5. GSPL: Received approval for the Anjar-Palanpur pipeline expansion. 6. MTNL: Defaulted on principal and interest payments to banks. 7. Infosys: Proposed a $17.5 million settlement for class action lawsuits. 8. Alkem Laboratories: Alkem Medtech acquired a 100% stake in Bombay Ortho. 9. Muthoot Finance: Gold Loan AUM surpassed ₹1 lakh crore. 10. IndusInd Bank: The lender is well-capitalized, with a Capital Adequacy Ratio of 16.46% and a Provision Coverage Ratio of 70.20% as of December 31, 2024. The bank's Liquidity Coverage Ratio stands at 113% as of March 9, 2025, exceeding the regulatory requirement of 100%. 11. Tata Motors: The board will meet on March 19 to consider a fundraising proposal up to ₹2,000 crore. 12.Ola Electric: Rosmerta Digital Services Ltd has taken Ola Electric to court for defaulting on a payment of approximately ₹18-20 crore. 13. SpiceJet: Chairman Ajay Singh sold 1.15 crore shares, amounting to 0.89% of total equity, via block deals totaling ₹52 crore. 14. Vishal Mega Mart: The shareholder lock-in period ends on March 17, warranting investor attention. 15. Shilpa Medicare: The US FDA issued Form 483 with zero observations for its Raichur-based unit-2. Join us as we analyze these developments, offering insights to help you navigate the current market landscape. Disclaimer: This video is for informational purposes only and does not constitute financial advice or stock recommendations. Please consult your financial advisor before making any investment decisions.In today's episode of Business Today TV, anchor Shailendra Bhatnagar delves into the recent fluctuations in the Indian stock markets. Despite opening 200 points down in the pre-open session, both Nifty and Sensex rebounded during the opening trade. Nifty is trading at 22,478.50, up 81.30 points (0.36%), while Sensex stands at 74,117.75, an increase of 288.84 points (0.39%). Sector-wise, Nifty Pharma and Healthcare lead with 1.5% gains, followed by Nifty Financial Services up 0.9%, and Nifty Bank mirroring this trend. Conversely, Nifty IT and FMCG sectors are down by 0.6% and 0.31%, respectively. This positive sentiment aligns with global markets, as indices like Nikkei 224 and Hang Seng have risen over 1%. Foreign Institutional Investors (FIIs) net sold shares worth ₹792.90 crore, whereas Domestic Institutional Investors (DIIs) net bought shares totaling ₹1,723.82 crore on March 13. Key stocks in focus Today: 1. Apollo Hospitals: The board has approved a ₹742.5 crore investment by Rasmeli Limited into Apollo Healthco Limited. 2. Zydus Life: Received USFDA approval for Eluxadoline Tablets with 180 days of exclusivity, targeting a $243.7 million market. 3. Maharashtra Seamless: Secured a ₹298 crore order for seamless pipes. 4. Ceigall India: Awarded a project worth ₹923 crore. 5. GSPL: Received approval for the Anjar-Palanpur pipeline expansion. 6. MTNL: Defaulted on principal and interest payments to banks. 7. Infosys: Proposed a $17.5 million settlement for class action lawsuits. 8. Alkem Laboratories: Alkem Medtech acquired a 100% stake in Bombay Ortho. 9. Muthoot Finance: Gold Loan AUM surpassed ₹1 lakh crore. 10. IndusInd Bank: The lender is well-capitalized, with a Capital Adequacy Ratio of 16.46% and a Provision Coverage Ratio of 70.20% as of December 31, 2024. The bank's Liquidity Coverage Ratio stands at 113% as of March 9, 2025, exceeding the regulatory requirement of 100%. 11. Tata Motors: The board will meet on March 19 to consider a fundraising proposal up to ₹2,000 crore. 12.Ola Electric: Rosmerta Digital Services Ltd has taken Ola Electric to court for defaulting on a payment of approximately ₹18-20 crore. 13. SpiceJet: Chairman Ajay Singh sold 1.15 crore shares, amounting to 0.89% of total equity, via block deals totaling ₹52 crore. 14. Vishal Mega Mart: The shareholder lock-in period ends on March 17, warranting investor attention. 15. Shilpa Medicare: The US FDA issued Form 483 with zero observations for its Raichur-based unit-2. Join us as we analyze these developments, offering insights to help you navigate the current market landscape. Disclaimer: This video is for informational purposes only and does not constitute financial advice or stock recommendations. Please consult your financial advisor before making any investment decisions.
Delhi Chief Minister Atishi and Rajya Sabha MP Sanjay Singh accused Congress leaders Ajay Maken and Sandeep Dixit of targeting AAP instead of focusing on the BJP.
He is survived by his two sons and three daughters including Abhay Singh Chautala and Ajay Singh Chautala.
Kartik Aaryan's Bhool Bhulaiyaa 3 continues to cruise ahead of Ajay Devgn's Singham Again. Here's how much both the films have earned so far
MGNREGA Replaced: Govt’s VB-G-RAM-G Bill Promises More Workdays, Triggers Welfare Debate
Bondi Beach Mass Shooting Explained: How Did It Happen Despite Australia’s Strict Gun Laws?
National Herald Case Explained: Court Relief For Gandhis, ED Pushes Back In High-Stakes Probe
Oneweb 2027 Plans: New Tech, New Features
Vinit Bolinjkar's 2026 Market Strategy: Be Selective And Valuation-Driven
