320-x-100_uti_gold.jpg" alt="Advertisement">
10-06-2022 09:45 AM | Source: Reuters
India`s SpiceJet jumps on report of likely 10 billion rupees government loan
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Shares of SpiceJet Ltd surged about 9% on Thursday after a report said that the Indian budget airline carrier is expected to receive an additional 10 billion Indian rupees ($122.7 million) loan under the government's modified Emergency Credit Line Guarantee Scheme.
The funds will help the airline clear its dues, pay lessors on time and induct new Boeing 737 Max planes, Business Standard newspaper reported, citing sources. ($1 = 81.5150 Indian rupees)
Latest News
Ravi Kishan distributes fruits at Gorakhpur hospital...
Ahmedabad (Gujarat): Ramashray Yadav (Scientist, Met...
Gujarat CM Bhupendra Patel launches several key init...
BJP chief JP Nadda chairs NDA meet at his residence,...
Madhya Pradesh CM Mohan Yadav presents lord Rama?s i...
PM Narendra Modi holds massive roadshow in Madhya Pr...
Reforms must begin at grassroot level for long-lasti...
Defence Min Rajnath Singh, UP CM Yogi and Dy CMs pay...
Union Minister JP Nadda visits Sacred Heart Cathedra...
UP: Governor of Japan's Yamanashi Prefecture, Kotaro...
