SpiceJet deposits 10 months of PF dues after raising Rs 3,000 cr via QIP

SpiceJet has deposited ten months' worth of Provident Fund (PF) dues, following the recent clearance of all its Goods and Services Tax (GST) payments and employee salary arrears. The airline announced that this progress came shortly after raising ₹3,000 crore through a Qualified Institutional Placement (QIP), which attracted various institutional investors.