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SpiceJet gets Rs 2,250 crore fresh lifeline
Credit: IndiaTimes- Published on December 12, 2023
Struggling SpiceJet receives Rs 2,250 crore from new investors like Elara India Opportunities Fund, Aries Opportunities Fund, Nexus Global Fund, and Prabhudas Lilladher. The funding aims to ease financial stress, pay employees, and settle statutory dues. The low-cost carrier has struggled to pay stakeholders, resulting in flight...
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