{"id":577050,"date":"2023-05-16T11:11:45","date_gmt":"2023-05-16T05:41:45","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=577050"},"modified":"2023-05-16T12:53:54","modified_gmt":"2023-05-16T07:23:54","slug":"uks-sram-mram-group-to-invest-100-million-in-spicexpress-signs-mou-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/uks-sram-mram-group-to-invest-100-million-in-spicexpress-signs-mou-2\/","title":{"rendered":"UK\u2019s SRAM &amp; MRAM Group to invest $100 million in SpiceXpress; signs MoU"},"content":{"rendered":"<p>SpiceXpress, the cargo division of SpiceJet, on Monday announced that UK-based SRAM &amp; MRAM Group will invest $100 million in SpiceXpress and Logistics Pvt. Limited. The airline said that both sides have signed a Memorandum of understanding (MoU) as part of the investment deal. <\/p>\n<p>In a filing with the stock exchanges, SpiceXpress said, \u201cThe MoU with SRAM &amp; MRAM Group follows a restructuring agreement with aircraft lessor Carlyle Aviation Partner wherein the latter picked up a stake in SpiceXpress at an anticipated future valuation of $1.5 billion or Rs 12,422 crore.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SpiceXpress, the cargo division of SpiceJet, on Monday announced that UK-based SRAM &amp; MRAM Group will invest $100 million in SpiceXpress and Logistics Pvt. Limited. The airline said that both sides have signed a Memorandum of understanding (MoU) as part of the investment deal. In a filing with the stock exchanges, SpiceXpress said, \u201cThe MoU with SRAM &amp; MRAM Group follows a restructuring agreement with aircraft lessor Carlyle Aviation Partner wherein the latter picked up a stake in SpiceXpress at an anticipated future valuation of $1.5 billion or Rs 12,422 crore.\u201d<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-577050","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/577050","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=577050"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/577050\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=577050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=577050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=577050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}