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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.
Samvardhana Motherson Raises Rs 2,438 Crore Via QIP, CCDs
It announced the closure of the QIP pursuant to the receipt of application forms and the funds in the escrow account from the eligible qualified institutional buyers
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.
Mining Weekly
15d
RS Group’s extensive product range continues to cater
One-stop industrial and electronic solutions provider RS South Africa sales director Erick Wessels says the company’s more ...
3h
India Requires Over Rs 3 Trillion Annually To Achieve 440 GW Renewable Energy Target By 2030: ICRA
( MENAFN - KNN India) New Delhi, Sep 21 (KNN) In a significant push towards sustainable energy, India will need annual ...
autoevolution
3d
Triumph Upgrades Speed Twins for 2025, 1200 RS Takes Center Stage
British bike maker Triumph pulled the wraps off the 2025 Speed Twin 1200 and launched the all new Speed Twin 1200 RS, both ...
2d
on MSN
Uno Minda lines up over Rs 610 cr investments on new plant in Indonesia, India capacity expansion
Auto components maker Uno Minda Ltd on Thursday announced investments of more than Rs 610 crore on setting up a new plant in ...
devdiscourse
1d
India's Ambitious Renewable Energy Roadmap: Rs 3 Lakh Crore Annual Investment Needed
India needs an annual investment exceeding Rs 3 lakh crore to achieve a renewable energy capacity of 440 gigawatts by 2030, ...
Outlook Business
12h
Rs 3 Lakh Crore Needed Annually For India's Renewable Energy Goal
By 2030, electric two-wheelers will account for 25 percent of new vehicle sales, while electric three-wheelers and buses will constitute 40 percent and 30 percent, respectively: ICRA ...
Automoto TV on MSN
1d
Audi RS e-tron GT performance – Drive and performance – Animation
This technical animation shows the drivetrain of the new Audi RS e-tron GT performance with its improved efficiency and power ...
1d
Daikin Industries invests Rs 1,400 cr in India to boost local manufacturing
According to recent regulatory filings by Daikin Airconditioning India with the Registrar of Companies (RoC), this capital ...
1d
Punjab Govt Aims Rs 83,857 Crore Investment To Generate 3.87 Lakh Jobs
( MENAFN - KNN India) Punjab, Sep 20 (KNN) In a major push to position Punjab as an industrial powerhouse, the Bhagwant Singh ...
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