Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
#MarketsWithBS | #SpiceJet shares rise over 4% after the #DelhiHighCourt rejected #KALAirways and #KalanithiMaran's appeal seeking damages of over ₹1,300 crore. #Stocks #markets #stockmarketindia #marketnews #indianstockmarket https://t.co/1uae9mH36R
The #DelhiHighCourt dismissed an appeal seeking over ₹1,300 cr in damages from #spicejet , filed by KAL Airways and businessman Kalanithi Maran. @VMukherjee7 https://t.co/KsEDRmOgpH
Delhi HC dismisses an appeal seeking over ₹1,300 crore in damages from SpiceJet, filed by KAL Airways and businessman Kalanithi Maran #DelhiHighCourt #SpiceJet #KALAirways #KalanithiMaran | @VMukherjee7 https://t.co/KsEDRmOgpH
The Delhi High Court has dismissed an appeal filed by KAL Airways and businessman Kalanithi Maran seeking over ₹1,300 crore in damages from SpiceJet. The court's decision came after the petitioners claimed compensation from the airline, but the appeal was rejected. Following the ruling, SpiceJet's shares rose by more than 4% in the Indian stock market. Separately, the Court of Appeal in Kenya allowed Equity Bank to sell land owned by East Africa Cables to recover a debt of KES 2.2 billion, while cautioning that the bank could owe damages if the sale violated the law. East Africa Cables has challenged the sale as irregular and is seeking KES 5.5 billion in compensation.
