Tags:AI, Air India, business, CDR, ECB, external commercial borrowing, Featured, financial restructuring plan, FRP, NCDs, non-convertible debentures, NTN
The debt laden airline Air India tracks on the external commercial borrowing (ECB) route, raising funds as acted upon just after two days of the government recommendation over turnaround and a financial restructuring plan (FRP).
As per report, around $ 1 billion cash annually in form of loans has allowed it to borrow across the nation or oversea markets to raise liquidity as working capital.
The Indian Premier League is at its full swing and today two matches will be played in the IPL 5. The fist match is on and two teams are Kolkata Knight Riders and Kings XI Punjab at Eden Gardens in Kolkata.
The skipper of the Kolkata Knight Riders, Gautam Gambhir has won the toss and elected to bowl first. His decision proved to be right so far, as four top order batsmen from the KXIP are out on just 87 runs on the board in 15 overs of the play.
Once again there is a big shameful slap made on Pakistan authorities regarding security and safety of people.
According to Police, at least 380 prisoners, 20 are very dangerous rebel prisoners and several are suspected militants have been succeed to be free from Pakistan’s north-west jail during attacked by Taliban militants.
Bollywood news reveals that Dabangg Salman Khan is flying high these days. And he must be, as he is the most demanding actor in the industry now, he is doing all the leading projects under his belt and giving back-to-back hits to the Hindi film Industry.
Now, actor Salman Khan is busy doing shooting of his upcoming film and most awaited film Dabangg 2 in Mumbai.
In a very high voltage match at Pune, the Pune Warriors beats Chennai Super Kings by seven wickets in a match played in the 5th season of Indian Premier League.
The batsmen’s from the Pune team finish the things off nicely but the skipper Sourav Ganguly thinks that the best role played in teams win is Bowlers. The bowlers bowled out the MS Dhoni lead Super Kings to just 155 runs in the limited 20 overs play.