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Why Goldman, Morgan Stanley are betting on SpiceJet despite all its troubles

By Economic Times - 2 months ago
SpiceJet has raised Rs 3,000 crore through a share sale to institutional investors, including Goldman Sachs and Nomura Singapore. The funds will help the airline address its financial challenges and expand its fleet. Despite recent struggles, investors are optimistic about SpiceJet's potential in India's growing aviation sector.

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