By using this site, you agree to the Privacy Policy and Terms of Use.
Accept

Parami News

  • Home
  • Politics
  • India
  • World
  • Business
  • Entertainment
  • Regional
  • Sports
  • Web Stories
Search
© 2024 Parami News. All Rights Reserved.
Reading: SpiceJet shares slump over 6% as DGCA places carrier under enhanced surveillance | Parami News
Share
Sign In
Notification Show More
Font ResizerAa

Parami News

Font ResizerAa
Search
  • Home
  • Politics
  • India
  • World
  • Business
  • Entertainment
  • Regional
  • Sports
  • Web Stories
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Parami News > Blog > India > SpiceJet shares slump over 6% as DGCA places carrier under enhanced surveillance | Parami News
India

SpiceJet shares slump over 6% as DGCA places carrier under enhanced surveillance | Parami News

Atulya Shivam Pandey
Last updated: August 30, 2024 2:34 pm
Atulya Shivam Pandey
Share
2 Min Read
SpiceJet shares slump over 6% as DGCA places carrier under enhanced surveillance | Parami News
SHARE

Investors of SpiceJet saw their money loss on Friday morning as the share price fell by more than 6% owing to the decision made by the aviation regulator DGCA to put the crisis-hit company under intensified scrutiny.

The share plunged by 6.38%, which put the share at 62 on the BSE after the shares opened on a bearish note.

The Directorate General of Civil Aviation (DGCA) on Thursday made a decision for removing SpiceJet off the ground since it poses a security gap for the daily operations of the airline and it will involve a higher number of unannounced checks and monitoring at night and other measures.

Also Read: SpiceJet plans to let go of 1000 employees

Reports of delayed flights and stresses over financial matters surrounded SpiceJet so the DGCA explained how they were prompted to perform a special engineering audit on August 7-8, where certain issues were discovered in the audits that were done.

‘’Considering everything considered and the special audit conducted in August 2024, DGCA announced that SpiceJet has once again been placed under enhanced surveillance with immediate effect.’’

‘’This would involve a proportionate increase in the number of spot checks/night surveillance as the safety of the operations cannot be compromised”, said the release.

At the time Yanai was still close to being all applause for the diminutive SpiceJet looking forward, the discipline was also stern at the ground level and placed imposed restrictions on peers and hotties within their control.

The basic carrier has faced various problems such as some financial and legal issues and is currently seeking support as well.

You Might Also Like

Graduation ceremony held for university colleges of engineering students

Staff of A.P. Raj Bhavan participate in Sankranthi celebrations

Two dozen workers trapped in Kannauj railway station building collapse

Bihar’s first sports university gets UGC recognition

Singer P. Jayachandran cremated with State honours in Chendamangalam

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article Khel Khel Mein Box Office Day 15: Akshay Kumar starrer earns Rs 666 crore in second week | Parami News Khel Khel Mein Box Office Day 15: Akshay Kumar starrer earns Rs 666 crore in second week | Parami News
Next Article ‘No active shooter’: Sheriff clarifies after panic erupts at Magic Kingdom, watch video | Parami News ‘No active shooter’: Sheriff clarifies after panic erupts at Magic Kingdom, watch video | Parami News
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe
4.4kFollowersFollow

Latest News

Harry Meghan LA Fire Victims: Major outrage over Harry-Meghan’s visit to LA fire victims: ‘You are not royals…merely two nitwit celebrities’
Harry Meghan LA Fire Victims: Major outrage over Harry-Meghan’s visit to LA fire victims: ‘You are not royals…merely two nitwit celebrities’
World January 11, 2025
‘My chapter is over’: Bangladesh veteran Tamim Iqbal retires from international cricket | Cricket News
‘My chapter is over’: Bangladesh veteran Tamim Iqbal retires from international cricket | Cricket News
Sports January 11, 2025
Pakistan anti-terrorism court grants bail to more than 150 workers of Imran Khan’s party

 | Parami News
Pakistan anti-terrorism court grants bail to more than 150 workers of Imran Khan’s party | Parami News
Most Recent Stories January 11, 2025
Virat Kohli and Rohit Sharma will find form again, says England pacer Tymal Mills | Cricket News
Virat Kohli and Rohit Sharma will find form again, says England pacer Tymal Mills | Cricket News
Sports January 11, 2025
//

We influence 20 million users and is the number one business and technology news network on the planet

Quick Link

  • About Us
  • Contact Us
  • Advertise With Us
  • DNPA Code of Ethics
  • Disclaimer
  • Privacy Policy

Top Categories

  • Business
  • Entertainment
  • India
  • Politics
  • Regional
  • Sports

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Follow US
© 2024 Parami News. All Rights Reserved.
Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}
Welcome Back!

Sign in to your account

Lost your password?