A PYMNTS Company

India: Competition Commission looking into SpiceJet deal

By  |  February 18, 2015

The Competition Commission is looking into SpiceJet’s proposed deal with its original promoter Ajay Singh and a decision is yet to be finalised. Amid turbulent times, the carrier’s board has approved a deal that would see change of ownership as well as infusion of fresh funds.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The proposed deal, which has been cleared by the Civil Aviation Ministry, is awaiting certain clearances, including from the Competition Commission of India.

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    The final decision on the matter is yet to be taken.

    Full Content: The Economic Times

     

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.