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SPICEJET FRESH FUNDS
SpiceJet Promoter Ajay Singh completes ₹500 crore equity infusion into airlineSpiceJet's founder Ajay Singh has infused ₹294.09 crore into the airline by converting warrants to equity shares, raising the promoter grou...
Ajay Singh injects Rs 294 crore into SpiceJet, promoter stake rises to 33%SpiceJet will receive approximately Rs 294 crore from founder Ajay Singh, boosting the promoter group shareholding to over 33%. Singh's cap...
SpiceJet founder Ajay Singh to infuse Rs 294 crore into airline boosting promoter stake to 33.47%Ajay Singh, the Founder of SpiceJet, will invest Rs 294.09 crore into the airline by converting warrants into equity shares, increasing his...
SpiceJet to add 10 more planes to expand its fleetSpiceJet plans to expand its fleet by adding 10 planes by the end of November, following a successful Rs 3,000 crore capital raise through ...
SpiceJet board to consider fund raise via QIP on July 23SpiceJet's board meeting on Tuesday, July 23, aims to raise funds via a qualified institutional placement. Shares initially rose 5%, closin...
SpiceJet to consider raising fresh capital via QIP on July 23SpiceJet Capital Raising: SpiceJet announced plans to raise fresh capital through a Qualified Institutional Placement (QIP), subject to reg...
SpiceJet returns to profit, aims to raise fresh fundsSpicejet’s net profit had stood at Rs 17 crore in the corresponding period last year, according to the company’s statement. Ajay Singh, cha...
SpiceJet settles Rs 93 cr dispute with Cross Ocean PartnersSpiceJet informed the Delhi High Court about settling its Rs 93 crore dispute with aircraft leasing firm Cross Ocean Partners. As part of t...
SpiceJet promoter Ajay Singh on how the Rs 2,254 crore lifeline will help the airline expand capacityInvestment will help the airline to induct fresh capacity and reduce liabilities, thereby reducing cost of capital, said SpiceJet promoter ...
SpiceJet to raise Rs 2,250 crore via equity routeSpiceJet's proposed preferential issue will have investors like Elara India Opportunities Fund, Aries Opportunities Fund, Mahapatra Univers...
SpiceJet to list on NSE; may get Rs 1,300 cr lifeline from two 'big investors'; stock up 35% in 3 daysSpiceJet may receive a crucial boost as the airline's board prepares to convene on Monday to explore fundraising initiatives. According to ...
Carlyle to acquire 5.91% stake in SpiceJet at Rs 48 per shareSpiceJet is seeking shareholder approval to grant a 5.91% stake in the company to Carlyle Aviation Partners, which is the aircraft financin...
Carlyle Aviation Partners to pick up 7.5% stake in SpiceJetCarlyle Aviation Partners is the commercial aviation investment and servicing arm of Carlyle's USD 143 billion Global Credit platform
SpiceJet may issue fresh shares; funding required for proposed expansion: Ajay SinghSingh adds that he plans to order planes for the airline this fiscal and funding will be required for the proposed expansion.
Ajay Singh struck SpiceJet deal at a throwaway price of around Rs 200 crSources indicate that Ajay Singh has struck the deal to buy Maran’s 58% stake in SpiceJet at a throwaway price of around Rs 200 crores.
Competition Commission of India looking into SpiceJet deal; final decision awaitedThe proposed deal, which has been cleared by the Civil Aviation Ministry, is awaiting certain clearances, including from the Competition Co...
SpiceJet’s decision to reduce its fleet size and cut down on flights not alike Kingfisher’sSpiceJet’s decision to reduce fleet size and cut flights to address capital woes has led to its comparison with the now-defunct Kingfisher.
Troubled times for SpiceJet; seeks six weeks time from AAI to find strategic investorAccording to ET Now, SpiceJet management met the Aviation Minister and Secretary last week and asked for time to find an investor.
- Texas Pacific drops plan to invest $30 mn in SpiceJet
The US-based private equity fund Texas Pacific Group, which had recently decided to invest $30 million in low-cost carrier SpiceJet, has de...
- SpiceJet to raise $60 million to consolidate
Low-cost carrier SpiceJet is close to raising around $60 million to strengthen its operations over the next two years.