SpiceJet, with statutory dues exceeding Rs 601 crore, has successfully oversubscribed its Rs 3,000 crore share sale to qualified institutional buyers. The funds will help the airline address financial and legal challenges, including clearing dues and settling liabilities with creditors and vendors.
Short-term volatility may persist, but financials still the go-to sector: Rohit Srivastava
Rohit Srivastava suggests navigating short-term market noise and viewing dips as buying opportunities, particularly within the outperforming financials sector, including insurance companies and NBFCs. Nifty
April 16, 2025