NEW DELHI, Dec 19 (Reuters) - A former part-owner of India's SpiceJet Ltd is leading a 12 billion rupees ($190.5 million) bailout plan to rescue the budget carrier from collapsing, two Indian ...

Indian media baron Kalanithi Maran is acquiring 37.73% of budget carrier SpiceJet, with an open offer for another 20%, a deal that could breathe new life into the company. One of Maran’s companies, ...