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SPICEJET FUNDING PLANS
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 holds annual general meetingSpiceJet shareholders on Monday sought to know about the airline's funding and expansion plans during the annual general meeting. At the 40...
- SpiceJet shares rally 6% after Rs 3,000 crore QIP attracts marquee investors like Goldman Sachs, Morgan StanleySpiceJet Share Price: SpiceJet shares surged by up to 6% after completing a Rs 3,000 crore Qualified Institutional Placement, attracting gl...
- 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 makes shocking revelation of not paying ₹350 crore in TDS and PF of employeesSpiceJet, facing severe financial strain, has admitted to not paying Rs 220 crore in TDS and Rs 135.3 crore in PF dues from April 2020 to A...
- SpiceJet is struggling to defy gravity. What are the odds?SpiceJet, once a leading airline, is grappling with severe financial distress. Grounded aircraft, unpaid dues, and a dwindling market share...
- SpiceJet delays June salaries amid pressing financial issuesSpiceJet delayed the June salaries for certain employees, citing financial commitments. The airline sought bridge funding to stabilize its ...
- 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...
- 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-...
- MHA conducting background check of new owner of SpiceJet Ajay SinghSpiceJet paid these dues after Singh infused a Rs 500 crore in the carrier late last month as part of his overall Rs 1,500-crore investment...
- SpiceJet almost regular with payments: BOC AviationAs financial crunch continues to trouble SpiceJet, aircraft leasing firm BOC Aviation today said the low-cost carrier is "almost" regular w...
- SpiceJet fails to submit cash flow planThe ministry made similar requests to oil companies regarding jet fuel supply to SpiceJet, apart from asking banks to give loans to it.
- SpiceJet needs funds, but no promoter stake sale on cards: Sun GroupSun Group said it would explore options including equity contribution from existing shareholders and raising debt.
- Bravia Cap plans $40 million investment in SpiceJetBravia Capital Partners has proposed to pump $40 million into SpiceJet, answering the country's second-largest low-cost carrier's call for ...
- SpiceJet looks to rope in new investor as Istithmar exitsGurgaon-based low-cost carrier SpiceJet has appointed the investment banking arm of financial services company Edelweiss to find a strategi...
- PE funds to keep SpiceJet airbornePE funds to keep SpiceJet airborne Spicejet’s plan to infuse private equity comes at a time when the domestic airline industry is finding i...
- SpiceJet to raise $80 mn for fleet expansionAirline has a fleet of 11 Boeing 737-800s that fly to 14 destinations. It plans to raise its fleet size to 18 by March next year.
- SpiceJet denies move to offload stakeSpiceJet denied any move to offload stake and said it has adequate funds for expansion.
- 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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