Articles for tag: Ambitious, Cleanup, Demolishing, Development, Dreams, Gujarats, Outcry, Plans, Religious, Site, Small, Sparks, Survival, Traders

Market News

Demolishing Dreams: Gujarat’s Religious Site Cleanup Sparks Outcry Over Small Traders’ Survival Amid Ambitious ‘Development’ Plans

Gujarat’s Banaskantha MP Geniben Thakor has voiced concerns about the ongoing demolition drive near the Somnath temple, which is part of a project to clear illegal structures in the area. While she supports removing encroachments at holy sites, Thakor emphasized the need to address the impact on small traders who depend on their businesses for ...

Market News

SpiceJet secures Rs 3,000 crore through shares, aiding its survival amidst financial turmoil and mounting statutory dues.

SpiceJet secures Rs 3,000 crore through shares, aiding its survival amidst financial turmoil and mounting statutory dues.

SpiceJet has successfully raised Rs 3,000 crore through the sale of shares to institutional investors, providing crucial support for the airline, which has been facing financial challenges. The Qualified Institutional Placement (QIP) was oversubscribed, attracting notable foreign investors like Goldman Sachs and Societe Generale. Following the share allotment, the company’s equity share capital has increased ...

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