SpiceJet Not In Talks For Stake Sale

Low-fare Indian carrier SpiceJet says it is not in talks with private equity firm TPG Capital for a stake sale to expand its fleet size. “The company [SpiceJet] is not in discussions with TPG for [a] stake sale and further, it cannot comment on market rumors and speculative reporting,” the country’s second- largest budget airline by market share said in a filing to the Bombay Stock Exchange Tuesday ...