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SpiceJet raises Rs 3,000 cr from institutional investors
SpiceJet has raised Rs 3,000 crore through sale of shares to qualified institutional buyers, providing a much-needed tailwind for the struggling airline
SpiceJet raises Rs 3,000 cr
SpiceJet has raised Rs 3,000 crore through the sale of shares to qualified institutional buyers, including major foreign entities. The funds will help the airline clear various dues and liabilities. This financial boost comes as SpiceJet faces multiple challenges and aims to stabilize its operations in a competitive market.
SpiceJet raises Rs 3,000 cr from institutional investors via share sale
SpiceJet has raised Rs 3,000 crore through sale of shares to qualified institutional buyers, providing a much-needed tailwind for the struggling airline.
SpiceJet QIP: Board okays 48.7 crore share allotment to raise Rs 3,000 crore
With this allotment, the airline's paid-up equity share capital will increase from Rs 794.67 crore, representing 79.46 crore equity shares, to Rs 1,281.68 crore, representing 128.16 crore equity shares.
SpiceJet approves 48.7 crore share issue for Rs 3,000 crore QIP at Rs 61.60 apiece
SpiceJet has received shareholder approval to raise up to Rs 3,000 crore through a special resolution. The airline intends to use the funds to improve its financial situation and return to full operational capacity.
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Rs 12 Per Child To Tackle Malnutrition In Madhya Pradesh. Is It Enough?
Over 1.36 lakh children are currently malnourished in Madhya Pradesh, but the state government's daily allocation for ...
Deccan Herald
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BRS flags over Rs 8,500 crore 'corruption' in AMRUT tender process; Revanth Reddy's family got work contracts, alleges K T Rama Rao
BRS working president, K T Rama Rao, on Saturday alleged a massive Rs 8,888 crore corruption scandal involving Telangana ...
13h
This successful South Indian superstar, who delivered blockbusters but failed in Bollywood, has now bought a Rs 30 Crore duplex in Mumbai. Guess who?
Despite appearing in multiple Hindi projects, Prithviraj Sukumaran, who has an estimated net worth of $6.5 million ...
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FBR to Face Shortfall of Rs. 275 Billion in Q1 FY 2025
FBR is expected to face a shortfall of Rs. 275 billion in the first quarter of the current fiscal year. A shortfall of Rs.
TopSpeed on MSN
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Why The New Triumph Speed Twin RS Will Make You Forget The Thruxton
To match the added performance, Triumph has also updated the underpinnings. The standard Speed Twin now rides on new ...
Team-BHP.com
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MG Windsor EV with battery priced from Rs 13.50 lakh
MG recently launched its third pure EV, the Windsor, in the Indian market. The carmaker has now announced the prices of all ...
10h
With Rs 1,000 in assets, BJP J&K chief among ‘poorest’ in fray, shows decline from 2014
Ravinder Raina, who is contesting from Nowshera, donated his salary and now gives his pension to the Shri Mata Vaishno Devi ...
Motor Trend
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2025 Chevrolet Equinox RS AWD First Test: Quite Good, But Not as Hot as We’d Like
Chevy packs the Equinox RS full of features, including several nice tech upgrades. But can it measure up to compact SUV heavies like the Honda CR-V?
4d
on MSN
Audi RS e-Tron GT Performance unveiled as a 912-hp electric sedan
Audi unveiled a new electric sedan called the RS E-Tron GT Performance. With 912 horsepower, it's the brand's most powerful model.
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Centre has allocated ₹994cr for Punjab, says RS MP Sahney
Chandigarh: Rajya Sabha MP Vikramjit Singh Sahney announced on Saturday that the Union ministry of finance has allocated Rs ...
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