Low-cost carrier SpiceJet is on the path to recovery, clearing all GST dues and settling employee salary arrears. Following a successful Rs 3,000 crore QIP, the airline attracted major investors like Goldman Sachs and Morgan Stanley,

Maintaining financial discipline and regulatory compliance, domestic airline SpiceJet has cleared all its Goods and Services Tax (GST) dues.

This comes shortly after Spicjet settled all salary arrears for its employees, marking a series of positive developments for the airline

On September 26, the airline had said it cleared pending salary dues worth Rs 80 crore; the QIP attracted a diverse range of top-tier institutional investors and funds

Troubled airline SpiceJet has settled all outstanding salary dues for its employees following a recent capital infusion of Rs 3,000 crore, PTI reported quoting sources. Salaries for July and August, as well as the remaining June wages for partially paid employees, were credited to their accounts on Wednesday evening.

The airline, which raised Rs 3,000 crore through the Qualified Institutional Placement (QIP) route last week, had GST dues worth over Rs 145 crore

Mumbai/IBNS: Shares of budget airline SpiceJet surged on Friday (Sept. 27) following the announcement that the low-cost carrier has cleared its Goods and Services Tax (GST) dues amounting to approximately Rs 71 crore.

SpiceJet has cleared all pending salary dues after securing a Rs 3,000 crore capital infusion, along with an additional Rs 736 crore from a prior funding round. The airline, which had delayed salaries due to a liquidity crunch,

Days after raising ₹3000 crore through Qualified Institutional Placement (QIP), SpiceJet has cleared all pending salary dues for June, July and August, sources told CNBC-TV18 on September 26. The airline had ₹80 crore in pending salary dues.

Cash-strapped airline SpiceJet has cleared all salary dues for its employees, covering payments for July, August, and outstanding June salaries, following its recent ₹3,000 crore fundraising through an oversubscribed Qualified Institutional Placement (QIP).