SpiceJet has told the Delhi High Court it could “collapse” if forced to immediately deposit ₹144.5 crore in its ongoing dispute with former promoter Kalanithi Maran.
The airline has sought relief from the payment deadline, citing financial stress, flight disruptions, and rising fuel costs impacting its operations.
The case is part of a long-running legal dispute over a share transfer deal between SpiceJet and Maran.
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The Centre has sharply increased export duties on diesel and aviation turbine fuel (ATF), raising diesel duty to ₹55.5/litre and ATF to ₹42/litre, effective immediately.
The move aims to curb exports and ensure adequate domestic fuel supply amid rising global oil prices and ongoing geopolitical tensions.
Export duty on petrol remains unchanged at zero.
#OilPrices #Diesel #Pakistán #EnergyNews #IndiaMarkets
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#MarketUpdate
Shapoorji Pallonji Mistry, whose family is the largest minority shareholder in Tata Sons, has backed a potential IPO of the company.
Tata Sons, which controls major Tata Group firms, is currently unlisted. Mistry said a public listing would improve transparency, governance, and help unlock value for shareholders.
However, there are differing views within the Tata Group, with some stakeholders reportedly preferring to keep the holding company privately owned.
#TataGroup #TataSons #IPO #IndiaMarkets #BusinessNews #CorporateNews #StockMarketIndia #MarketUpdate
@abhishek Some points are valid, especially on ads and pricing.
But theatres aren’t just selling content, they’re selling an experience OTT simply can’t match.
@jasveer10 Language adds friction, no doubt.
But India’s bigger bottleneck is execution, not communication.
Policies don’t slow down in translation, they slow down in implementation.
@kuttrapali26 Looks clean in theory, but markets rarely follow clean rules.
The real skill is adapting when both fundamentals and momentum start diverging