GST, SpiceJet
SpiceJet QIP: Rs 3000 crore in, GST dues out, salaries settled! Details
Low-cost carrier SpiceJet is on the path to recovery, clearing all GST dues and settling employee salary arrears. Following a successful Rs 3,000 crore QIP, the airline attracted major investors like Goldman Sachs and Morgan Stanley,
SpiceJet clears all GST dues after raising Rs 3,000 crore via QIP
Beleaguered carrier SpiceJet has successfully cleared all its outstanding Goods and Services Tax (GST) dues, demonstrating its commitment to financial discipline and regulatory compliance. The airline’s statement on Friday highlighted that this milestone was achieved following SpiceJet’s recent Qualified Institutional Placement (QIP),
SpiceJet shares rise as airline clears all GST dues after raising Rs 3k cr via QIP
On September 26, the airline had said it cleared pending salary dues worth Rs 80 crore; the QIP attracted a diverse range of top-tier institutional investors and funds
SpiceJet says it has cleared all GST dues post raising Rs 3,000 crore
Domestic airline SpiceJet said here on Friday that it has cleared all GST dues of around Rs 71 crore, days after raising Rs 3,000 crore through Qualified Institutional Placement (QIP).
Debt-ridden SpiceJet clears all its Goods and Services Tax dues
The airline, which raised Rs 3,000 crore through the Qualified Institutional Placement (QIP) route last week, had GST dues worth over Rs 145 crore
SpiceJet Cleared All GST Dues Worth Over Rs 145 Cr
Debt-ridden SpiceJet on Friday said it has cleared all its Goods and Services Tax (GST) dues. The airline, which raised Rs 3,000 crore through the Qualified Institutional Placement (QIP) route last week,
Cleared all GST dues, says SpiceJet
New Delhi: Debt-ridden SpiceJet on Friday said it has cleared all its Goods and Services Tax (GST) dues. The airline, which raised Rs 3,000 crore through the Qualified Institutional Placement (QIP) route last week, had GST dues worth over Rs 145 crore. In a release, the carrier said it has cleared all the GST dues.
SpiceJet shares rise as airline clears GST dues and salaries after raising Rs 3,000 crore via QIP
Mumbai/IBNS: Shares of budget airline SpiceJet surged on Friday (Sept. 27) following the announcement that the low-cost carrier has cleared its Goods and Services Tax (GST) dues amounting to approximately Rs 71 crore.
SpiceJet settles salary dues following successful Rs 3,000 crore QIP
SpiceJet's financial woes have been compounded by its inability to secure additional funding, resulting in defaults on lease payments for its aircraft
SpiceJet Clears Pending Salaries After Rs 3,000 Crore Capital Infusion: Report
SpiceJet has cleared all pending salary dues after securing a Rs 3,000 crore capital infusion, along with an additional Rs 736 crore from a prior funding round. The airline, which had delayed salaries due to a liquidity crunch,
SpiceJet clears pending salaries, say sources
Days after raising ₹3000 crore through Qualified Institutional Placement (QIP), SpiceJet has cleared all pending salary dues for June, July and August, sources told CNBC-TV18 on September 26. The airline had ₹80 crore in pending salary dues.
SpiceJet Aims to Add 75 Jets in Next Two Years, Some Secondhand
SpiceJet Ltd., which raised 30 billion rupees ($359 million) last week in an institutional share sale, plans to add 75 ...
The Pioneer18h
Fixing SpiceJet’s broken wings
Days after low-cost carrier SpiceJet raised Rs 3000 crore from institutional investors, the airline promptly cleared pending ...
The Financial Express8h
SpiceJet clears all GST dues; CMD says it shows ‘commitment to financial discipline, regulatory compliance’
Ajay Singh, Chairman & Managing Director of SpiceJet, said, “We are proud to have cleared all GST dues, a significant step ...
Why SpiceJet’s ₹3,000-crore investor lifeline must be taken with a pinch of salt?
The market is now divided between two large groups, and there is no guarantee that these players will not undercut pricing to ...
SpiceJet stock edges up even as Carlyle Aviation offloads 1.4% stake
SpiceJet shares rose despite Carlyle Aviation Management offloading 1.42 percent of its stake, reflecting ongoing recovery ...
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SpiceJet to SBI: Stocks to watch on September 26, 2024
Markets had a tumultuous session on Wednesday, but they managed to prolong their upward trend with a powerful rise at the ...
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SpiceJet Block Deal: Equities worth Rs 3000 cr exchange hands - Check major sellers
The low-cost airline has completed its Rs 3,000 crore qualified institutional placement (QIP), which attracted global ...
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Flight Disruptions Due To Mumbai Rains: SpiceJet Warns Of Delays Due To Heavy Rains, Vistara Reroutes Flights
The India Meteorological Department issued a 'red alert' for Mumbai, Thane, Pune, and Raigad on Wednesday, warning of intense ...