Auditors cast doubts on SpiceJet's survival

Amid continuing difficulties in airline space to generate profits and raise funds, independent auditors of at least two Indian carriers have raised red-flags over their 'going concern' status......

Qatar Airways looks to grow India reach, eyes SpiceJet stake

Qatar Airways is in talks with SpiceJet for the possible acquisition of 24 per cent stake in the Indian airline. Recently, the two airlines signed a non-disclosure agreement, but due diligence in......

SpiceJet hits air pocket as losses mount

On a full year basis, SpiceJet made a loss of Rs 934.8 crore. The company has incurred a net loss during the current and previous year and, the its current liabilities exceeded its current assets.......

57% investors say Big-4 auditors have no credibility: Survey

It can be noted that ever since Satyam Computers scandal came out in January 2009, the audit world, especially the Big Four, have been under fire from the regulators. Illustration: Dominic......