NEW DELHI: In a relief to SpiceJet , its biggest lessor Carlyle Aviation Partner has decided to convert $100-million dues to the airline into equity shares and compulsorily convertible debentures (CCDs). The cargo business transfer will be discharged by SXPL by issuing securities in the combination of equity shares and CCDs for an aggregate amount of Rs 2,556 crore. Following this transaction, Carlyle Aviation Partner will have over 7.5% equity stake in SpiceJet. "Additionally, SpiceJet will transfer CCDs of SpiceXpress and Logistics Pvt Ltd (SXPL), held by SpiceJet aggregating to $65.5 million, subject to regulatory approvals. The CCDs will be converted into equity shares of SpiceXpress at an anticipated future valuation of $1.5 billion or Rs 12,422 crore," the airline said.
And rightfully it was so for New Zealand, who scripted one of their greatest ever comebacks in a Test match. Then Ben Foakes got his act together with his valiant knock before James Anderson smashed one through the mid-wicket to put England two runs away from the win. The left-armer returned after Southee's maiden over, angled the second delivery of the over across to the leg side as Anderson went for the poke. Anderson was left gutted, murmuring words to himself as Wagner and New Zealand begun their celebration. Special mention to Kane, Tommy and Timmy the way they batted," Wagner said after the win.21 days ago Hindustan Times
It has given Left-Congress 21 seats and Tipra Motha 14.But IndiaToday-MyAxis has predicted that the BJP will get between 36 and 45 seats in the 60-member Tripura assembly and has given Left-Congress combine 6 to 11 seats with and Tipra Motha 9 to 16 seats.Tripura Congress leader Sudip Roy Barman said the exit poll results are not trustworthy. "The BJP will end up with a single digit. Also, it predicted 8-13 seats for Trinamool and 6-11 for BJP.In Nagaland, all pollsters have predicted on the same lines giving NDPP-BJP combine the edge. India Today-My Axis has given BJP 10 to 14 seats in Nagaland and Congress just one to two seats.Times Now has predicted 27-33 seats for NDPP, 12-16 seats for BJP, and 4-8 seats for NPF. While Zee News-Matrize has given 35-43 seats to NDPPBJP, it has also predicted 2-5 seats for the NPF and 1-3 seats for Congress.21 days ago Times of India
Nicaraguans in San Jose, Costa Rica, celebrate the release of 222 political prisoners on February 9, 2023. Some “stateless” Nicaraguans in the US are betting on continuing their asylum process there before accepting another nationality. Spain, Chile, Colombia, Argentina, and Mexico offered their nationality to the “stateless” Nicaraguans. Gomez, who denounced the abuses of the Ortega regime to a US congressional committee, assured that she will remain “stateless” until her asylum process progresses. This translates into generating facilities for political asylum, refuge or stateless status.21 days ago Havana Times
Lopez Obrador denies the reforms are a threat to democracy and says criticism is elitist. Few at Sunday’s demonstration had any kind words for Lopez Obrador, either. Lopez Obrador has imported coronavirus vaccines, medical workers and stone railway ballast from Cuba, but has shown little taste for socialist policies at home. Lopez Obrador remains highly popular in Mexico, with approval ratings of around 60 per cent. But Lopez Obrador has also openly criticized oversight and regulatory agencies, the courts and congress.'21 days ago India Today
“Every law enforcement officer took an oath to never betray their integrity and to enforce the law with fairness and justice when they enter this profession. and his associates avoid prosecution and law enforcement monitoring. Broumand wrote false reports after the fact to make it appear that he conducted legitimate law enforcement database inquiries. asked Broumand to query the FBI database for Levon Termendzhyan, an Armenian organized crime figure for whom E.S. to “stay away” from Solakyan, who was “trouble,” meaning that Solakyan was under law enforcement investigation.21 days ago Department of Justice
ETtechETtechETtechIt has been a tumultuous year for Sequoia Capital India . In a bull market, people need an excuse to be bullish.As for us, these three or four companies form around 1% of our portfolio ... What happens on the US boards is that a board meeting has an open session, the management team and observers attend. We have 49 unicorns, 40 companies with over $100 million in revenues currently, another 38 are $50-100 million. It's not like we got everything right, but we built a more diversified growth portfolio versus a concentrated growth portfolio.21 days ago The Economic Times
Marseille 0, PSG 3Kylian Mbappé scored twice and Lionel Messi got the other goal as the World Cup final stars combined to give French league leader Paris Saint-Germain a 3-0 win at title challenger Marseille. What better place to do it than at bitter rival Marseille, where PSG lost in the French Cup earlier this month without the injured Mbappé in the team? A win would have moved second-place Marseille within two points of defending champion PSG. Galtier is from Marseille and played for the club as a gritty defender, which means some Marseille fans are simply unable to understand why he is coaching PSG. Defeat means Marseille is now only two points ahead of third-place Monaco and fourth-place Lens, which both have 50 points.21 days ago Macau Daily Times