SpiceJet Ltd. (SJET), the budget airline controlled by Indian billionaire Kalanithi Maran, teetered on the brink of collapse after a government flip-flop over a promised state-backed rescue package.
http://www.bloomberg.com/news/2014-12-17/spicejet-struggles-amid-india-flip-flop-over-lifeline.html
http://www.bloomberg.com/news/2014-12-17/spicejet-struggles-amid-india-flip-flop-over-lifeline.html
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