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SpiceJet Sold to co-founder 15 January 2015
In a sign of relief to the Loss-making airlines, SpiceJet, co-founder Ajay Singh has signed an agreement with Sun Group Chairman Kalanithi Maran, who controls 53 percent stake in the airline to take over ownership, however the financial details were...
Keywords: Ajay Singh, JP Morgan and Morgan Stanley, Sun Group, KAL Airways
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