Airline SpiceJet plans to convert about $97 million of its dues to Carlyle Group into equity and debentures. The restructuring aims to address the airline’s financial challenges and follows enhanced surveillance by the aviation watchdog due to operational deficiencies. The agreement includes issuing shares and transferring debentures to Carlyle.
Sebi mulls allowing only electronic mode for payment of dividend, interest
Markets regulator Sebi on Friday proposed that listed entities should make all payments, such as dividends, interests and redemptions, through electronic mode only. The proposal