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Cash-strapped SpiceJet raises Rs 316 crore as part of funding plan

Budget carrier SpiceJet raised Rs 1,060 crore through its preferential issue, with investors including Aries Opportunities Fund Ltd. and Elara India Opportunities Fund Ltd. The funding will help the airline induct fresh capacity, reduce liabilities, and lower the cost of capital.

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SpiceJet s Ajay Singh Wants To Bite Off More Than He Can Chew Can He Work It Out In The End?

SpiceJet s Ajay Singh Wants To Bite Off More Than He Can Chew Can He Work It Out In The End?
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India generalNew delhiUnited statesSatyendra pandeyIndranil mukherjeeSaloni jesal shahAmit vermaHarihara mahapatraAjay singhSpicejet ajay singhMonika garwareKapil sibalPreeti mahapatraAlok anandRajya sabhaIndia group

SpiceJet to use funds to cut liabilities

The board of SpiceJet Ltd had decided in December to raise over ₹2,250 crore through a preferential issue of shares and warrants.

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Harihara mahapatraJustice rekha palliNational company law tribunalTeam franceMahapatra universalMumbai internationalDelhi internationalBombay stock exchangeDelhi high courtRekha palliSunbird franceMoney controlDelhi highMahapatra universal limited

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Harihara mahapatraJustice rekha palliDelhi internationalBombay stock exchangeDelhi high courtNational company law tribunalTeam franceMahapatra universalMumbai internationalRekha palliSunbird franceMoney controlDelhi highMahapatra universal limited