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Covered some distance on operational course correction: Spicejet

The total payables of Spicejet, including bank debt and vendor liabilities, has reduced from roughly Rs 2200 crore at the time of change in ownership to Rs 700 crore now, says Chairman, Ajay Singh, adding the plan is to reduce this further to Rs 300-400 crore over one year.

first published: Feb 23, 2016 12:45 pm

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