2023-12-12 09:15:37
December 12, 2023 at 10:15 a.m.
Indian budget airline SpiceJet said on Tuesday it would raise 22.5 billion rupees ($269.9 million) through the issuance of preference shares and warrants, as the airline in Difficulty is seeking to restore operations to full capacity after grounding about a quarter of its fleet. ($1 = 83.3620 Indian rupees) (Reporting by Nandan Mandayam and Varun Vyas in Bengaluru; Editing by Janane Venkatraman)
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