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.


