Nov 21, 2012, 11.35 AM | Source: Moneycontrol.com
Shares of SpiceJet rose around 2.29% to Rs 35.75 on reports of a likely stake sale by the company.
However, S.L. Narayanan, the group CFO of Sun underplayed reports that a stake sale of SpiceJet is on cards. He told a television channel that Maran quit Kal Airways to only reduce the number of directorship he holds and potential sale talks are not even at an exploratory stage.
Kal Airways along with Marans hold over a 48 percent stake in SpiceJet
According to the report, airfares in domestic circ
An MoU was signed by Air India Engineering Service
No-frills carrier SpiceJet, which is in discussion
Mehraboon Irani of Nirmal Bang Securities is of th