SpiceJet may get a lifeline of Rs 1,000-1,500 crore equity infusion: Sources

SpiceJet, facing a severe cash crunch, may receive a lifeline from two big investors. The airline's board will meet to discuss the proposal to raise fresh capital through equity shares. The initial investor is prepared to invest Rs 1,000-1,200 crore, and a second investor has also expressed interest, potentially raising the deal...