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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 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.
ET Now on MSN
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Multibagger stock under Rs 70: 991% returns and now share split - Ratio, record date
Shares of the small cap company have delivered massive returns in the past, rising massive 991.37 per cent in the last 2 ...
Deccan Herald
14h
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 ...
15h
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 ...
12h
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.
15h
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 ...
2h
How Aishwarya Rai Bachchan enjoys a net worth of over Rs 800 crore, four times more than husband Abhishek Bachchan
Abhishek Bachchan has a reported net worth of $ 250 million, and charges in the range of Rs 5-10 crore per film ...
TopSpeed on MSN
4d
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 ...
1h
Solan police seize Rs 1.25 crore assets of five drug peddlers
The Solan police have seized property worth Rs 1.25 crore of five drug peddlers involved in two cases. “The four accused and ...
Autocar India
5m
Buy new Mercedes E-Class or opt for outgoing model with Rs 10 lakh off?
A dealer has offered me nearly Rs 10 lakh off on the outgoing Mercedes E-Class (E200). Since my car will be chauffeur-driven ...
Motor Trend
1d
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?
3h
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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