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SpiceJet clears GST dues days after raising Rs 3,000 cr via QIP

By Economic Times - 2 months ago
Low-cost airline SpiceJet announced on Friday that it has cleared all its Goods and Services Tax (GST) dues, just one day after settling salary arrears for its employees. This follows the airline's successful fundraising of Rs 3,000 crore through a Qualified Institutional Placement (QIP), attracting various institutional investors, including Goldman Sachs and Tata Mutual Fund.

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