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flag SpiceJet clears ₹160 crore in delayed employee funds, boosting financial stability and stock value.

flag Indian airline SpiceJet has cleared all outstanding employee provident fund dues totaling ₹160.07 crore, which had been overdue for over two years. flag The airline, following a ₹3,000 crore capital raise, has also settled all other statutory liabilities including taxes and employee salaries. flag This financial turnaround has improved SpiceJet's credit rating and financial stability, with shares rising 1.38%.

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