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SpiceJet completes SpiceXpress hive off; Cargo and logistics business transferred to SpiceXpress - Vimarsana News

SpiceJet completes SpiceXpress hive off; Cargo and logistics business transferred to SpiceXpress

SpiceJet Ltd. has completed the hive off of its cargo and logistics division ‘SpiceXpress’ into a separate entity, SpiceXpress and Logistics Private Limited, the company said via an exchange filing. The hive off is effective April 1, 2023 and paves the way for SpiceXpress to raise funds independently.

'Finolex may hive off divisions into separate entities in future' - Vimarsana News

'Finolex may hive off divisions into separate entities in future'

Finolex Cables, one of India’s oldest electrical and telecom cable makers, plans to expand into consumer electrical and telecommunications, aiming to double revenue in the coming years