Cash-strapped SpiceJet has delayed payment of salaries, EPFO deposits amid the buzz that it is planning to lay off 1,400 employees in a bid to cut operational costs, a news report said.

Days after raising Rs 3,000 crore through a Qualified Institutional Placement (QIP), budget carrier SpiceJet has started crediting the pending salaries of its employees for June, July and August.

Two former pilots have moved the NCLT, seeking insolvency proceedings against SpiceJet over unpaid dues. The tribunal, ...

SpiceJet announced a 20 per cent salary hike for pilots from October onwards. This follows last month's 6 per cent hike in salaries. Sources said that while the first tranche of Emergency Credit ...

The Delhi high court on Thursday ordered budget airline SpiceJet to pay $2.67 million to Team France within a week for using the aircraft lessor's three engines. The payment is part of a larger ...

The Delhi High Court on Thursday directed budget airline SpiceJet to pay $2.67 million to aircraft engine lessor Team France 01 SAS within one week for using its three engines. The payment is part ...

"We absolutely despise the manner in which the court is being taken for a ride," Justice Anish Dayal told SpiceJet's counsel Amit Sibal, and directed them to pay USD 2.67 million to the French ...