Qualified institutional placement QIP

SpiceJet to furlough 150 cabin crew members for 3 months

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Dealing with monetary headwinds, SpiceJet has determined to furlough 150 cabin crew members for 3 months. The funds provider is working with a lowered variety of planes amid monetary, authorized and lessor woes. At present, it has an operational fleet of round 22 plane. A complete of 150 cabin crew members can be despatched on … Read more

Zen Applied sciences raises ₹1,000 crore by way of QIP

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Zen Applied sciences Ltd, a Defence simulation coaching gear and counter-drone options firm, has raised ₹1,000 crore by means of Certified Institutional Placement (QIP). Key buyers collaborating on this QIP embrace Kotak Mutual Fund, White Oak Offshore Fund, White Oak Mutual Fund, Motilal Oswal Mutual Fund, and Bandhan Mutual Fund. The QIP, launched on August … Read more