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NEWS|Business 
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New Delhi: Air India Ltd is seeking a bridge loan of up to $230 million for taking delivery of two Boeing 787 Dreamliner aircraft from an ongoing order, according to a tender document on the carrier's website.Air India, which is due to take delivery of two 787 aircraft in February and March, has invited offers from banks or financial institutions to arrange the bridge financing for a period of six months to one year.The state-run airline is offering the aircraft as security, and will repay the loan after it concludes a sale and leaseback arrangement, it said, adding there will be no government guarantee for the loan.The two new aircraft will take Air India's Dreamliner fleet to 14 by March. The carrier currently operates 11 of the jets and has a total 27 on order.Reuters

HSBC confirms its CEO Stuart Gulliver holds Swiss Bank account

from firstpost

HSBC confirms its CEO Stuart Gulliver holds Swiss Bank account

Europe's biggest bank, HSBC said its chief executive, Stuart Gulliver, holds a bank account in Switzerland that was set up in 1998 to hold bonus payments, responding to a report in the Guardianthat sa...


Don't expect big ticket idea this Budget: Shobhana Bhartia

from moneycontrol

Don't expect big ticket idea this Budget: Shobhana Bhartia

As Parliament gears up to discuss Budget session, Shobhna Bhartia, chairperson and editorial director at Hindustan Times assesses the current mood of the country and what can be expected ahead. The ap...

Oil min leak impact: Industry says lobbying not a dirty word, should be legalised

from firstpost

Oil min leak impact: Industry says lobbying not a dirty word, should be legalised

In the wake of this week's arrests by Delhi Police in connection with alleged corporate espionage, the Associated Chambers of Commerce of India Sunday reiterated their earlier demand for legalising lo...

Budget 2015: However good it is, market will struggle in short term on high valuations

from firstpost

Budget 2015: However good it is, market will struggle in short term on high valuations

Equity benchmarks have had a fantastic pre-Budget rally - nearly 3,000 points from the lows of mid-December - though the market knows the limitations of the Budget in fixing big problems of the econom...

Gold near seven-week low on Greek debt deal, China holiday

from Reuters

Gold near seven-week low on Greek debt deal, China holiday

By A. AnanthalakshmiSINGAPORE (Reuters) - Gold hovered around the key $1,200-an-ounce level on Monday, its lowest in seven weeks, as support for the safe-haven metal eased after a deal was struck over...

BOJ under pressure as some board members question inflation target

from Reuters

BOJ under pressure as some board members question inflation target

By Stanley WhiteTOKYO (Reuters) - Three members of the Bank of Japan's policy board expressed doubts the central bank can meet its inflation target because of a slowdown in underlying prices and falli...