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Indian carrier SpiceJet to raise $360m in latest bid to restore normalcy

Indian carrier SpiceJet to raise $360m in latest bid to restore normalcy

Visual from SpiceJet website

India’s SpiceJet said on Tuesday it plans to raise 30 billion rupees (around $360 million) by selling securities, including shares, marking the troubled budget carrier’s latest attempt to shore up funds to restore full operations.

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