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SpiceJet settles ₹763-cr EDC dispute for ₹200 cr, shares jump 6%
short by Debaroti Adhikary / on 14 Nov 2024,Thursday
SpiceJet on Thursday said it has fully settled a ₹763-crore dispute with Export Development Canada (EDC) for around ₹200 crore, making a significant saving of ₹574 crore. SpiceJet further said that it has gained ownership of 13 new aircraft. Notably, SpiceJet has called the agreement "one of the largest settlements" in its history.
short by Debaroti Adhikary / 01:35 pm on 14 Nov
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