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SPICEJET FUND RAISING
Jio Financial, ITC Hotels and Manappuram Finance among stocks bought and sold by mutual funds in AprilMutual funds injected Rs 30,600 crore into Indian equities in April, with significant buying in ICICI Bank, SBI, and Sun Pharma. Key reduct...- Centre offers to bail out airlines with Rs 4,000-crore loanIndia plans a ₹4,000 crore emergency credit scheme for airlines, offering sovereign guarantees of up to ₹1,000 crore per carrier to ease st...
- Stocks in news: RIL, TCS, IDFC First Bank, BPCL, SpiceJetIndian equity markets saw profit booking on April 9, ending a five-day rally. Several companies like RIL, TCS, and IDFC First Bank are in f...
- 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 ...
- Madhu Kela among top investors leading SpiceJet's Rs 3,000 crore QIP responseSpiceJet's QIP received strong investor response, with marquee investors like Madhu Kela's family office participating. The company aims to...
- SpiceJet delays June salaries, says disbursing in 'phased way'SpiceJet in Mumbai has delayed June salary payments and previously defaulted on provident fund contributions. Despite the situation, SpiceJ...
- Delhi High Court seeks SpiceJet's response on lessor's plea for attachment of assetsDelhi High Court seeks response from SpiceJet regarding attachment of assets to enforce UK court decrees for $13.82 million payment to a ai...
- 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 improves financial position with another Rs 316 crore fundraisingSpiceJet has secured Rs 316 crore in investments, allocated equity shares and issued warrants to investors. The funding strengthens their f...
- SpiceJet gets shareholders' nod for equity fundraisingThe airline hopes the capital infusion will help revive its grounded planes that continue to weigh on the financial results of the company....
- 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 ...
- SpiceJet to consider options for raising fresh capital on February 24"The board of directors of the company in its meeting scheduled to be held on February 24, 2023 (Friday), will discuss and consider, inter-...
- SpiceJet stock up 6% on Rs 2,000 crore-fundraising planSpiceJet board had recently passed a resolution to raise the funds for its sustainability and future expansion, reports said adding that th...
- SpiceJet gets shareholders’ nod to transfer cargo and logistics biz to subsidiary“The transfer of the logistics business will result in a one-time gain of Rs 2,555.77 crore for SpiceJet wiping out a substantial portion o...
- SpiceJet looks to raise Rs 400 crore through a share offeringPromoter Kalanithi Maran pledged a large chunk of his holding 10 days back to raise Rs 200 crore for the cash-strapped airline.
- SpiceJet promoter Kalanithi Maran pledges 86.17% shares in the airlineAccording to industry sources, the heavily cash strapped airline is looking for funding its aircraft acquisition for regional operations.
- SpiceJet denies move to offload stakeSpiceJet denied any move to offload stake and said it has adequate funds for expansion.
- Budget airlines set for massive expansionLow-cost carriers are on a fund raising spree. New Delhi-based SpiceJet and Bangalore’s Air Deccan are in the process of raising funds to b...
- Tatas may double stake in SpiceJetTata Group is to double its stake in SpiceJet to around 14% and involve itself in the management.
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