Spicejet claims it has cleared pending employee provident fund dues; shares recover 5% from day’s low
Budget carrier SpiceJet has said that it has cleared all the pending employee provident fund (PF) dues amounting to ₹160.07 crore for over two years. In the past three months, SpiceJet said in a statement on Friday, December 13, the airline raised ₹3,000 crore through qualified institutional placement (QIP), which has helped to clear pending…