 "SpiceJet secures Rs 3,736 crore funding to regain market share and restore its reputation amidst ongoing financial struggles.")
SpiceJet secures Rs 3,736 crore funding to regain market share and restore its reputation amidst ongoing financial struggles.
SpiceJet, the low-cost airline, has successfully raised Rs 3,000 crore through a Qualified Institutional Placement (QIP) from global investors to improve its efficiency and reliability. The airline also plans to receive an additional Rs 736 crore from past funding to bolster its financial stability and support growth initiatives. With this investment, SpiceJet aims to strengthen ...
