{"id":22274,"date":"2020-09-16T04:36:27","date_gmt":"2020-09-16T04:36:27","guid":{"rendered":"https:\/\/bengalnewstimes.com\/?p=22274"},"modified":"2020-09-16T04:36:27","modified_gmt":"2020-09-16T04:36:27","slug":"business-live-the-hindu-5","status":"publish","type":"post","link":"https:\/\/bengalnewstimes.com\/?p=22274","title":{"rendered":"Business Live: &#8211; The Hindu"},"content":{"rendered":"<p><\/p>\n<div id=\"content-body-14266949-32617190\">\n<p>Join us as we follow the top business news through the day.<\/p>\n<p>9:30 AM<\/p>\n<h2>SpiceJet logs \u20b9593 cr. loss, revenue plunges to a sixth<\/h2>\n<p>Low-cost carrier SpiceJet on Tuesday reported a net loss of \u20b9593.4 crore in the first quarter ended June, compared with a profit of \u20b9261.7 crore in the year-earlier quarter.<\/p>\n<p>This figure includes the \u20b9195 crore as income in the form of compensation from Boeing for the 13 grounded 737 MAXs, which the airline is yet to receive.<\/p>\n<p>The airline\u2019s operating revenue shrunk to a sixth of its pre-COVID-19 levels and stood at \u20b9514.7 crore for the reported period as against \u20b93,002 crore in the same quarter last year.<\/p>\n<p>Operating expenses were reduced by half to \u20b91,303 crore, as more than half the fleet remained grounded because of government regulations for COVID-19.<\/p>\n<p>\u00a0\n<\/p><\/div>\n<p><a href=\\\"https:\/\/www.thehindu.com\/business\/businesslive-16-september-2020\/article32617190.ece\\\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Join us as we follow the top business news through the day. 9:30 AM SpiceJet logs \u20b9593 cr. loss, revenue plunges to a sixth Low-cost carrier SpiceJet on Tuesday reported a net loss of \u20b9593.4 crore in the first quarter ended June, compared with a profit of \u20b9261.7 crore in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22275,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[36],"tags":[],"class_list":["post-22274","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-business"],"jetpack_featured_media_url":"https:\/\/bengalnewstimes.com\/wp-content\/uploads\/2020\/09\/NKV-SENSEX.jpeg","_links":{"self":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/22274","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22274"}],"version-history":[{"count":0,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/22274\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/media\/22275"}],"wp:attachment":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}