SpiceJet's Ajay Singh in talks with Middle Eastern carrier, Indian co for partial stake sale - The Economic Times

SpiceJet promoter Ajay Singh is exploring a partial stake sale in the cash-strapped carrier and is in talks with a Middle Eastern carrier and a big Indian conglomerate as the company needs recapitalisation urgently to keep flying, reports said on Tuesday.

promoter Ajay Singh is exploring a partial stake sale in the cash-strapped carrier and is in talks with a Middle Eastern carrier and a big Indian conglomerate as the company needs recapitalisation ur… [+2084 chars]

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