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Blue Star Launches QIP Offer To Raise Rs 1,000 Cr For Expansion

Leading cooling products manufacturer, Blue Star, has initiated its Qualified Institutions Placement (QIP) offer with a floor price set at Rs 784.55 per equity share, aiming to raise Rs 1,000 crore to support its expansion strategies. The Executive Management Committee at its meeting on Monday to approve the opening of the offering, scheduled for 18 […]

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SpiceJet Promoter Ajay Singh Infuses Rs 500 Cr Into Airline To Strengthen Financial Position

SpiceJet promoter Ajay Singh has decided to infuse Rs 500 crore into the airline by way of subscribing to fresh equity shares and through convertible instruments, or both, the airline said in a release on Wednesday. The infusion of fresh capital is expected to substantially strengthen the airline operator’s financial position and its journey towards […]

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