SpiceJet gets good response for share sale; statutory dues at over Rs 600 cr

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.

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Insurers may get to put more in REITs, InvITs

India’s insurance regulator, IRDAI, is proposing to double investment limits for insurers in REITs and InvITs, aiming to channel more long-term capital into infrastructure and

July 16, 2025

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