Hectic parleys on as SpiceJet awaits investment; shares soar


As SpiceJet awaits the much-needed fund infusion to tide over its financial crunch, there was intense speculation tonight that its senior executives and potential investors met top government officials to discuss the future of the carrier. 

The talks gained further currency in the wake of SpiceJet shares soaring by a huge 10 per cent in the stock market, after getting a huge battering in the recent past. 

While officials in the ministry as also in the airline remained tight-lipped about any meetings, the market was abuzz with talks about discussions held by SpiceJet's original co- founder Ajay Singh with the Civil Aviation Ministry's top officials. 

Besides, there was also a speculation that SpiceJet's Chief Operating Officer Sanjiv Kapoor met top Ministry officials. 


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