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
Google Preferred Source Badge
Share
Getting your Trinity Audio player ready...
Carlyle set to acquire 5.91% stake in SpiceJet

You may also like

Business
Story image

Registered investment advisers face an existential threat

Fewer than 1,000 of them remain, hobbled by fee caps, high compliance costs, and an uneven playing field with MF distributors

Business
Story image

The Gulf Report: Abu Dhabi National Hotels takes a hit as war chills tourism

The listed hospitality group sees a drop in revenue and profit in the first quarter. Separately, China steps up engagement with Saudi Arabia and the UAE.

Business
Story image

Yes Bank’s comeback is real, but incomplete

The beleaguered lender outperformed larger rivals—and itself—on several metrics in FY26, but one-offs and a still weak retail engine keep its investors on edge.