Crisis-hit SpiceJet got a sigh of relief after businessman Harihara Mahapatra and his wife Preeti Mahapatra reportedly decided to invest Rs 1,100 crore in the airline for a 19 per cent stake in the companies. According to the Economic Times, which reviewed a funding proposal, Aries Opportunities Fund will hold 3 per cent while Elara Capital will hold 8 per cent after the conversion of warrants. from IndiaTV Business: Google News Feed https://ift.tt/NPOwtZq
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