Business Standard

Top headlines: SpiceJet scouting for funds; markets may fund road projects

Road Transport Minister Nitin Gadkari on Tuesday said the government will approach the capital market next month to raise funds for four road projects

The Delhi-bound SpiceJet airplane following its emergency landing after it caught fire mid-air, at Jai Prakash Narayan Airport, in Patna (Photo: PTI)
Premium

SpiceJet is currently exploring multiple options, including stake sale to other airlines, to raise up to Rs 2,000 crore, its CMD Ajay Singh said on Tuesday

BS Web Team New Delhi
Govt to approach capital mkt next month to raise funds for 4 road projects

Road Transport Minister Nitin Gadkari on Tuesday said the government will approach the capital market next month to raise funds for four road projects. The money will be raised through Infrastructure Investment Trusts (InvITs), and there will be an investment limit of Rs 10 lakh for retail investors, he added. Read more

SpiceJet exploring stake sale to raise Rs 2,000 cr, says CMD Ajay Singh

SpiceJet is currently exploring multiple options, including stake sale to other airlines, to raise up to Rs 2,000 crore, its CMD

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 23 2022 | 5:27 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com