THE INDIAN STOCKS' INVESTORS BLOG

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Saturday, December 17, 2011

KINGFISHER AIRLINES LIKELY TO GET LOAN

Latest wire Reports indicate that the ailing KINGFISHER AIRLINES is very likely to get a $47m loan (Rs 2.5 billion plus) from the Sahara Group, which would help it tide over its immediate financial difficulties. The reported deal would provide immense leeway to the Carrier to proceed with its current operations and give it an opportunity to carry out the mooted restructuring and operational overhaul of the Airline.

READ FULL REUTERS REPORT RIGHT HERE

READ TOI REPORT RIGHT HERE

THE INDIAN STOCKS' INVESTORS BLOG

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Saturday, December 17, 2011

KINGFISHER AIRLINES LIKELY TO GET LOAN

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