{"id":511438,"date":"2022-08-03T11:46:24","date_gmt":"2022-08-03T06:16:24","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=511438"},"modified":"2022-08-03T11:46:24","modified_gmt":"2022-08-03T06:16:24","slug":"spicejets-ajay-singh-in-talks-with-middle-eastern-carrier-indian-co-for-partial-stake-sale","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejets-ajay-singh-in-talks-with-middle-eastern-carrier-indian-co-for-partial-stake-sale\/","title":{"rendered":"SpiceJet&#8217;s Ajay Singh in talks with Middle Eastern carrier, Indian co for partial stake sale"},"content":{"rendered":"<p>SpiceJet NSE 16.23 % promoter Ajay Singh is exploring a partial stake sale in the cash-strapped carrier and is in talks with a Middle Eastern carrier and a big Indian conglomerate as the company needs recapitalisation urgently to keep flying, reports said on Tuesday.<\/p>\n<p>&#8220;The company continues to be in discussions with various investors to secure sustainable financing and will make appropriate disclosures in accordance with applicable regulations,\u201d a SpiceJet spokesperson said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SpiceJet NSE 16.23 % promoter Ajay Singh is exploring a partial stake sale in the cash-strapped carrier and is in talks with a Middle Eastern carrier and a big Indian conglomerate as the company needs recapitalisation urgently to keep flying, reports said on Tuesday. &#8220;The company continues to be in discussions with various investors to secure sustainable financing and will make appropriate disclosures in accordance with applicable regulations,\u201d a SpiceJet spokesperson said.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-511438","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/511438","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=511438"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/511438\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=511438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=511438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=511438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}