The company said that the first nine months of the year were quite challenging, especially in Q3, as the system confronted a liquidity issue on the NBFC front. The third quarter has been particularly challenging for the financial sector with the liquidity challenges affecting overall borrowing activity.

Tax relief for startups: Govt may exempt DPIIT-certified startups from angel taxThe government is considering giving complete exemption to startups from angel tax once they are certified by the Commerce and Industry Ministry, a move aimed at helping budding entrepreneurs, official sources said. Various startups have raised concerns on notices sent to them under the Section 56 of Income Tax Act to pay taxes on angel funds received by them. I-T Department unearths Rs 20,000 crore hawala, m...

Total income stood at Rs 2,530.8 crore as against Rs 2,096.1 crore in the same quarter last year. Between October and December 2018, SpiceJet added 12 new planes -nine Boeing 737 MAX 8 aircraft and three Q400s.

While around 100 flights could be affected due to the runway closure at the Bengaluru airport, the number could go up to 5,000 at Mumbai airport due to the restoration work.

Industrial production data is scheduled for Tuesday, while WPI inflation number will be released on Thursday

With the maintenance work on at the two runways of the airport, airlines have been quick in increasing airfares on key routes.

SpiceJet's dues stood at Rs 105.71 crore against security deposit of Rs 124.22 crore, while that of GoAir was Rs 19.35 crore against security deposit of Rs 73.12 crore.

The dues from the three parties were Rs 5,838.04 crore and the amount overdue by 60 days was Rs 4,228.39 crore.

SpiceJet has launched Rs 1.75 per km sale for domestic and Rs 2.5 per km sale for international flights; travellers can get an additional 10% off on flight tickets and free priority check-in on booking through selected credit card.

On November 1 last year, the Directorate General of Civil Aviation (DGCA) put an end to its rule which made it compulsory to have one \"home base\" or \"permanent base\" for pilots.