{"id":344386,"date":"2020-03-31T11:34:14","date_gmt":"2020-03-31T06:04:14","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=344386"},"modified":"2020-03-31T11:34:14","modified_gmt":"2020-03-31T06:04:14","slug":"hdfc-trustee-company-picks-up-5-45-stake-in-spicejet","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hdfc-trustee-company-picks-up-5-45-stake-in-spicejet\/","title":{"rendered":"HDFC Trustee Company picks up 5.45% stake in SpiceJet"},"content":{"rendered":"<p>NEW DELHI : HDFC Trustee Company Ltd. has bought 3.4 crore shares of SpiceJet Ltd. from the open market, thus picking up 5.45% stake in the airline, a source with direct knowledge of the matter told Mint on Monday.<\/p>\n<p>HDFC Trustee Company Limited, arm of HDFC Mutual Fund &#8212; country\u2019s largest mutual fund &#8212; is wholly owned subsidiary of Housing Development Finance Corporation Limited.<\/p>\n<p>&#8220;This act shows that companies such as HDFC, which owns the country&#8217;s largest mutual fund, has confidence in the airline to come out of the current crisis,&#8221; the source mentioned above added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI : HDFC Trustee Company Ltd. has bought 3.4 crore shares of SpiceJet Ltd. from the open market, thus picking up 5.45% stake in the airline, a source with direct knowledge of the matter told Mint on Monday. HDFC Trustee Company Limited, arm of HDFC Mutual Fund &#8212; country\u2019s largest mutual fund &#8212; is wholly owned subsidiary of Housing Development Finance Corporation Limited. &#8220;This act shows that companies such as HDFC, which owns the country&#8217;s largest mutual fund, has confidence in the airline to come out of the current crisis,&#8221; the source mentioned above added.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-344386","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/344386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=344386"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/344386\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=344386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=344386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=344386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}