Carlyle set to acquire 5.91% stake in SpiceJet

The stake sale against SpiceJet’s outstanding dues is expected to significantly reduce the cash-strapped airline’s debt burden

3 August, 20231 min
0
Carlyle set to acquire 5.91% stake in SpiceJet

You may also like

Business
Story image

Banking on growth in 2026

A tumultuous year comes to a close for Indian banks, as they await a revival in borrowing in the new year.

Business
Story image

India’s oldest biscuit brand dwells on consumption trends

After a year of inflation, GST resets and uneven demand, Parle reflects on what still drives India’s mass market consumption.

Business
Story image

2025: A terrific year for macroeconomic management of the economy

The economy grew strongly despite several headwinds, with the policy responses mostly fitting the need. How sustainable is the growth rate, though?