SpiceJet resolves issues with EDC; pays ₹755 crore

[ad_1] SpiceJet has reached a settlement with Export Development Canada (EDC) to settle liabilities worth ₹755 crore.“SpiceJet and Export Development Canada (EDC) have reached an agreement that will help SpiceJet clear its major debts, giving a boost to its financial...

SpiceJet’s shares rise after resolving $49.8 million dispute with Echelon Ireland Madison One

[ad_1] SpiceJet has resolved the $49.8 million (₹413 crore) dispute with Echelon Ireland Madison One Ltd, the company said in a regulatory filing. It is stated that the settlement with Echelon Ireland Madison One Ltd will result in savings of...