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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

Net neutrality: Stop Airtel Zero from doing 'hafta vasooli' or it will kill your business

from firstpost

Net neutrality: Stop Airtel Zero from doing 'hafta vasooli' or it will kill your business

Some of you may remember the huge hype around VAS (Value Added Services) startups in India less than a decade years ago - remember SMSing to get your horoscope for the day, or a cricket score update? ...


Chinese hackers target Southeast Asia, India, researchers say

from firstpost

Chinese hackers target Southeast Asia, India, researchers say

Hackers, most likely from China, have been spying on governments and businesses in Southeast Asia and India uninterrupted for a decade, researchers at internet security company FireEye Inc said.In a r...

No sell-off in Coal India for next 6 mnths: Divestment Secy

from moneycontrol

No sell-off in Coal India for next 6 mnths: Divestment Secy

The government will fast track the approval process for divestment in select PSU bluechips, Disinvestment Secretary Aradhana Johri said in an interview to CNBC-TV18 Monday.The government has set a di...

SBI, HDFC rate war is all tokenism; customers are unlikely to benefit hugely

from firstpost

SBI, HDFC rate war is all tokenism; customers are unlikely to benefit hugely

India's top home loan lenders are engaged in a rate war and it is a joke of a rate war.State Bank of India, the country's largest lender, yesterday announced a cut in home loan interest rate by up to ...

Stocks in news: ONGC, L&T, Jet, JSPL, HDFC, SBI, HDIL, GMR

from moneycontrol

Stocks in news: ONGC, L&T, Jet, JSPL, HDFC, SBI, HDIL, GMR

Here are stocks that are in news today:Reliance Industries Commissions 650 KTA PET Resin Plant At DahejWith The Plant Commissioning, Co’s Total PET Capacity Will Increase To 3.2 MMTPAJet Airwa...

Air Pegasus begins commercial operations

from moneycontrol

Air Pegasus begins commercial operations

Air Pegasus, promoted by Decor Aviation Private Limited, today commenced its commercial operation with a daily to and fro flight to Hubballi and Thiruvananthapuram from here."Commercial operation with...

'Net neutrality:India should not let telecos charge more'

from moneycontrol

'Net neutrality:India should not let telecos charge more'

Amid the raging debate over net neutrality in India, a leading daily here has said India's policy makers should not allow telecom companies to charge users extra fees for internet services as such a m...