India's SpiceJet likely to raise $120 mln-$144 mln fresh capital - ET Now
07/12/2023 07:53
BENGALURU, Dec 7 (Reuters) - India's troubled domestic airline SpiceJet SPJT.NS is likely to raise 10 billion rupees-12 billion rupees ($120 million-$144 million) in fresh capital through issue of equity shares to meet pending salary payments and revive its grounded fleet of 25 aircrafts, ET Now reported on Thursday. (Reporting by Manvi Pant in Bengaluru; Editing by Mrigank Dhaniwala) ((Manvi.Pant@thomsonreuters.com; +918447554364;))
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