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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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SpiceJet board to meet on January 10 to finalise preferential allotment

On December 12, the company approved raising fresh capital amounting to ₹2,241.5 crore, aimed at fortifying its financial standing and facilitating investments in growth initiatives. ....

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GoFirst | GoFirst lenders to meet to decide on fresh bids from SpiceJet and two other entities

Shailendra Ajmera, the resolution professional (RP), who is overseeing the airline’s resolution process, has reportedly received interest from three parties SpiceJet, SkyOne a Sharjah-based aviation firm and Africa-focussed Safrik Investments ....

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SpiceJet board approves fundraising of INR 2,250 through issues of equity shares, warrants

SpiceJet board approves fundraising of INR 2,250 through issues of equity shares, warrants
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