Kalanithi Maran loses Rs 1,323-crore arbitration against Spicejet, but gets Rs 571 crore refund

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An arbitration tribunal has rejected the Rs 1,323-crore damages claim from SpiceJet and a bid to take control of the airline by its previous owner Kalanithi Maran and his company Kal Airways, after a bitter share transfer dispute.
Read more at Hindustan Times.

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