{"id":635972,"date":"2024-02-23T10:26:58","date_gmt":"2024-02-23T04:56:58","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=635972"},"modified":"2024-02-23T12:19:21","modified_gmt":"2024-02-23T06:49:21","slug":"spicejet-boosts-finances-with-rs-316-crore-infusion-amidst-workforce-reduction","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejet-boosts-finances-with-rs-316-crore-infusion-amidst-workforce-reduction\/","title":{"rendered":"SpiceJet boosts finances with Rs 316 Crore infusion amidst workforce reduction"},"content":{"rendered":"<p>SpiceJet on Thursday announced that it has successfully raised an additional Rs 316 crore, bringing its total raised funds to Rs 1,060 crore through a preferential share issue. This development follows the company\u2019s recent decision to reduce its workforce by 10-15%. <\/p>\n<p>In January, SpiceJet received the first tranche of funds amounting to Rs 744 crore through the allotment of securities on a preferential basis. This initial investment marked the beginning of SpiceJet\u2019s efforts to raise fresh capital of Rs 2,250 crore through the issuance of securities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SpiceJet on Thursday announced that it has successfully raised an additional Rs 316 crore, bringing its total raised funds to Rs 1,060 crore through a preferential share issue. This development follows the company\u2019s recent decision to reduce its workforce by 10-15%. In January, SpiceJet received the first tranche of funds amounting to Rs 744 crore through the allotment of securities on a preferential basis. This initial investment marked the beginning of SpiceJet\u2019s efforts to raise fresh capital of Rs 2,250 crore through the issuance of securities.<\/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":[196,130,138],"tags":[],"class_list":["post-635972","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/635972","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=635972"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/635972\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=635972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=635972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=635972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}