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SpiceJet clears pending salaries after Rs 3,000 crore capital infusion

Business Standard LogoBusiness Standard1d ago

SpiceJet clears pending salaries after Rs 3,000 crore capital infusion - Business Standard

Quick Summary:

The salaries for July and August for all employees, as well as the remaining June salaries for those who were partially paid, were deposited into their accounts on Wednesday evening, according to the source.

"Pending salaries of employees were disbursed on Wednesday evening," the spokesperson said on Thursday without divulging further details.

Domestic carrier SpiceJet has cleared all pending salary dues of its employees after securing a fresh capital infusion of Rs 3,000 crore, a source has said.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-26 @ 15:59:30 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 224 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22721899

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 298 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 5 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Publisher ID: #49

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