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SpiceJet:'Premature' To Comment On Stake Sale

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Budget carrier SpiceJet said on Tuesday it is "premature" to comment on the possibility of selling shares to any interested investor, reiterating that some investors had shown interest after a recent rule change in the sector.

The SpiceJet statement comes after a report in the Times of India newspaper said the Indian carrier was in talks with foreign airlines, including Qatar Airways, for a possible stake sale, sending its shares as much as 8.5 per cent higher.

SpiceJet called media reports in the recent past on a possible equity infusion in the company as "speculative".

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