{"id":511794,"date":"2022-08-04T12:22:01","date_gmt":"2022-08-04T06:52:01","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=511794"},"modified":"2022-08-04T12:22:01","modified_gmt":"2022-08-04T06:52:01","slug":"spicejet-shares-surge-nearly-18-per-cent-to-hit-over-two-month-high","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejet-shares-surge-nearly-18-per-cent-to-hit-over-two-month-high\/","title":{"rendered":"SpiceJet shares surge nearly 18 per cent to hit over two-month high"},"content":{"rendered":"<p>Shares of SpiceJet Ltd surged nearly 18 per cent on Wednesday to hit a more than two-month high following reports that promoter Ajay Singh was exploring the possibility of selling a part of his 59.4 per cent stake to raise funds for the troubled airline.<\/p>\n<p>Industry sources said the cash-strapped carrier was in talks with a West Asian airline, which has expressed interest to pick up a 24 per cent stake and a board seat in SpiceJet.<\/p>\n<p>The budget carrier has also been approached by a big Indian conglomerate for a stake in the airline.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of SpiceJet Ltd surged nearly 18 per cent on Wednesday to hit a more than two-month high following reports that promoter Ajay Singh was exploring the possibility of selling a part of his 59.4 per cent stake to raise funds for the troubled airline. Industry sources said the cash-strapped carrier was in talks with a West Asian airline, which has expressed interest to pick up a 24 per cent stake and a board seat in SpiceJet. The budget carrier has also been approached by a big Indian conglomerate for a stake in the airline.<\/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":[216,130,148],"tags":[],"class_list":["post-511794","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-telegraph","category-newspapers","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/511794","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=511794"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/511794\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=511794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=511794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=511794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}