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Total 341 results found. Search for [ bailout package ]

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New Delhi, April 25, 2016
The national carrier, which is surviving on a staggered Rs 30,000 crore bailout package, has around 19,000 employees, including over 1,500 pilots and about 6,000 people on contract.

New Delhi, April 5, 2016
Civil Aviation Secretary R N Choubey said Air India's performance has improved in recent time. His assertion comes amid reports suggesting that the govt might offload stake in Air India, which is in the red.

Mail Today Bureau
New Delhi, February 26, 2016
Till date, the government has pumped Rs 22,280 crore into the airline, which is expected to report an operating profit to the tune of Rs 6.20 crore in the current fiscal.

Mumbai, January 4, 2016
In an all-cash deal, SBI is all set to buy four premium flats in the city's tony Peddar Road area from the loss-making Air India for Rs 90 crore.

New Delhi, November 23, 2015
A major chunk of these funds will go into repayment of the bridge loan availed earlier for purchasing these Boeing 787-800s, airline sources said.

New Delhi, November 18, 2015
Air India would be selling four residential flats to SBI in Mumbai soon and the sale is expected to fetch around Rs 90 crore.

Mumbai, November 10, 2015
The union power minister also claims that the restructuring will bring down SEBs' interest cost to 8-9 per cent from a high 14-15 per cent now.

Mumbai, November 6, 2015
The nation's largest lender has the lowest exposure among large banks to the troubled SEBs with its overall outstanding debt to them being only around Rs 16,000 crore, out of which only around Rs 7,000 crore are to the eight of the deeply distressed SEBs, Arundhati Bhattacharya, chairperson of SBI said.

Paritosh Bansal and Tommy Wilkes
New Delhi, October 7, 2015
State-run electricity distributors are running out of cash and struggling to repay loans, squeezing banks' ability to spur credit growth and undermining Modi's campaign to attract more energy-hungry manufacturers to build new factories.

New Delhi, September 14, 2015
The combined debt of power distribution companies (discoms) stands at over Rs 3 lakh crore. Faced with acute financial stress, many of these are unable to buy power.

New Delhi, September 6, 2015
The air carrier's wage bill will rise to Rs 3,200 crore this fiscal due to the hiring of cabin crew, pilots and employees of other categories besides other factors.

New Delhi, August 23, 2015
The debt-laden national carrier would borrow $300 million in eight tranches in the current financial year ending March 31, 2016.

Berlin, August 19, 2015
While the approval was virtually guaranteed given the dominance of Merkel's left-right grand coalition,the key question was whether the chancellor would face damaging dissent within her own camp.

Berlin, August 17, 2015
The German Chancellor Angela Merkel said while repayment periods may be extended and interest rates can be tweaked, a so-called debt cut is ruled out.

Mumbai, August 11, 2015
A massive rout in currency and financial markets worldwide spooked by Chinese central bank's policy move along side heightened concerns about capital outflows in the face of imminent US interest rate hike predominantly weighed on the local currency, a forex dealer said.

Naveen Mathur
July 27, 2015
In the past fortnight, spot gold prices plunged 5.6 per cent to close below $1,000/oz levels while MCX gold prices declined 5.1 per cent to close at Rs 24,731/10 gms.

Renee Maltezou and Lefteris Papadimas
Athens, July 23, 2015
The bill covers rules for dealing with failed banks and speeding up the justice system - two more conditions set by the euro zone and IMF to open negotiations on an 86 billion euros rescue loan.

New Delhi, July 22, 2015
The debt-laden airline will mainly utilise the proceeds for maintenance of aircraft and working capital requirements, among others.

Tatiana Jancarikova
Slovakia, July 21, 2015
Countries like Slovakia question why nations like them who are worse-off than Greece help it pay it's debt.

Dina Kyriakidou
Athens, July 20, 2015
PM Tsipras' inability to cut a deal in early July, which forced Greek banks to close their doors and sent the economy plunging, has pushed up the cost of the latest bailout to 86 billion euros, from the 53 billion euros Greece was requesting only a few weeks ago.

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