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HC reserves order on plea to ground 5 leased SpiceJet planes

HC reserves order on plea to ground 5 leased SpiceJet planes

B&B has sought directions to DGCA to cancel Certificate of Registration (CoR) of five Boeing 737 aircraft, leased by it to the no-frill airline, and grounding them.

Srei Infra to raise $500 mn from infrastructure debt fund

Srei Infrastructure is planning to raise USD 500 million through its infrastructure debt fund which is likely to be launched as early as January next year.