Articles for tag: Aiming, Attracts, Financial, Fleet, Investors, Major, Million, Operations, Revive, Sale, , SpiceJets, Struggling, Turmoil

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SpiceJet’s 8 million share sale attracts major investors amidst financial turmoil, aiming to revive its struggling operations and fleet.

SpiceJet’s $358 million share sale attracts major investors amidst financial turmoil, aiming to revive its struggling operations and fleet.

SpiceJet Ltd. has successfully attracted bids worth $358 million for its share sale, drawing interest from notable investors such as Tata Mutual Fund and Authum Investment. This move comes as the airline, based in Gurugram near New Delhi, struggles with staff furloughs and delayed tax payments. The share sale, offered at a discounted price of ...

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