• മലയാളം | Malayalam
Tuesday, January 19, 2021
  • Login
Bignews English
  • News
    • Regional
    • Kerala
    • India
    • World
    • Pravasam
    • Crime
  • Entertainment
    • Movies
    • Music
    • Television
    • Hollywood
    • Bollywood
    • Mollywood
    • Kollywood
    • Tollywood
    • Malayalam
    • Tamil
    • Celebrity
  • Business
    • Corporate World
    • Economy
    • Personal finance
    • Trade
    • Jobs
    • Entrepreneurship
    • Markets
  • Culture
    • Art
    • Literature
    • Books
    • Travel
    • Blog
  • Life
    • Life&Style
    • Men
    • Women
    • Kids
    • Relationships
    • Yuva
    • Health
    • Food & Drinks
    • Fashion
  • Sports
    • Cricket
    • Football
    • Tennis
    • Hockey
    • Basketball
    • Badminton
    • Kabbadi
    • Women’s Cricket
    • Asian Games
    • Fifa world cup
  • Technology
    • Social Media
    • Mobile
    • Internet
    • Gadgets
    • Artificial Intelligence
    • Virtual Reality
  • Science
    • Environment
    • Space
    • Genetics
    • Physics
    • Wildlife
  • Videos
    • Video Songs
    • Trending Videos
    • Video Gallery
    • Film Trailers
  • More
    • Autos
    • Features
    • Editor’s Picks
    • Education
    • Articles
    • Stories
    • General
    • Weird
No Result
View All Result
  • News
    • Regional
    • Kerala
    • India
    • World
    • Pravasam
    • Crime
  • Entertainment
    • Movies
    • Music
    • Television
    • Hollywood
    • Bollywood
    • Mollywood
    • Kollywood
    • Tollywood
    • Malayalam
    • Tamil
    • Celebrity
  • Business
    • Corporate World
    • Economy
    • Personal finance
    • Trade
    • Jobs
    • Entrepreneurship
    • Markets
  • Culture
    • Art
    • Literature
    • Books
    • Travel
    • Blog
  • Life
    • Life&Style
    • Men
    • Women
    • Kids
    • Relationships
    • Yuva
    • Health
    • Food & Drinks
    • Fashion
  • Sports
    • Cricket
    • Football
    • Tennis
    • Hockey
    • Basketball
    • Badminton
    • Kabbadi
    • Women’s Cricket
    • Asian Games
    • Fifa world cup
  • Technology
    • Social Media
    • Mobile
    • Internet
    • Gadgets
    • Artificial Intelligence
    • Virtual Reality
  • Science
    • Environment
    • Space
    • Genetics
    • Physics
    • Wildlife
  • Videos
    • Video Songs
    • Trending Videos
    • Video Gallery
    • Film Trailers
  • More
    • Autos
    • Features
    • Editor’s Picks
    • Education
    • Articles
    • Stories
    • General
    • Weird
No Result
View All Result
Bignews English
No Result
View All Result
Home Kerala

Air India Extends deadline for bids awaiting Rs 500 crore loans

by Online Reporter
October 9, 2018
in Kerala, News
0
Air hostess complaints against Air India senior executive of sexual harassment
12
SHARES
20
VIEWS
Share on FacebookShare on Twitter

With lukewarm response from lenders, debt-laden Air India has extended the deadline for submitting bids for loans worth Rs 500 crore to meet “urgent working capital requirements”.

Senior airline officials said the deadline for bids has been extended to October 31 but it could be closed earlier in case there are minimum three bids for providing the loans. The initial deadline for submission of bids was October 10.

The national carrier, whose debt burden is estimated to be more than Rs 50,000 crore, is looking to raise Rs 500 crore loans to meet “urgent working capital requirement”, as per a tender document. The tenure of these government-guaranteed loans would be for one year.

After efforts for strategic disinvestment of the airline did not take off in May, the government has been working on ways to boost the carrier’s fortunes. Meanwhile, Air India on Monday paid Rs 100 crore to state-owned oil marketing companies to partly clear dues related to purchase of jet fuel, a senior official had said.

In September, the companies asked debt-laden Air India to clear its dues towards daily billing amid rising oil prices. Air India group, which comprises Air India, Air India Express and Alliance Air, operates 475 flights per day to 78 domestic and 44 international destinations.

Tags: air indiaairlinebiddeadlineLoanworking capital
Next Post
Zareen Khan dating Pakistan batsman Fakhar Zaman; Here is the reply

Zareen Khan dating Pakistan batsman Fakhar Zaman; Here is the reply

#MeToo movement in India wrong, can be used for blackmailing, says BJP MP

#MeToo movement in India wrong, can be used for blackmailing, says BJP MP

Aishwarya Rai Bachchan On #MeToo In India: God bless and strength to the voices

Aishwarya Rai Bachchan On #MeToo In India: God bless and strength to the voices

Discussion about this post

RECENT NEWS

SBI introduces a new rule for savings accounts,short-term loans from tomorrow

SBI introduces a new rule for savings accounts,short-term loans from tomorrow

April 30, 2019
Patanjali to get a ₹4,325 crore bid for Ruchi Soya from lenders

Patanjali to get a ₹4,325 crore bid for Ruchi Soya from lenders

April 30, 2019
CEO showing partiality,no bogus voting;says Kodiyeri

CEO showing partiality,no bogus voting;says Kodiyeri

April 30, 2019
Shashi Tharoor gets permission to travel abroad

Shashi Tharoor gets permission to travel abroad

April 30, 2019
Hook up song of ‘Student of the year 2’; The stunning looks of a colourful date grabs all eyes

Hook up song of ‘Student of the year 2’; The stunning looks of a colourful date grabs all eyes

April 30, 2019
Housr enters India’s fast growing co-living market backed by real estate giants

Housr enters India’s fast growing co-living market backed by real estate giants

April 30, 2019
  • Privacy Policy

© 2018 Bignews - Developed by Bigsoft.

No Result
View All Result
  • News
    • Regional
    • Kerala
    • India
    • World
    • Pravasam
    • Crime
  • Entertainment
    • Movies
    • Music
    • Television
    • Hollywood
    • Bollywood
    • Mollywood
    • Kollywood
    • Tollywood
    • Malayalam
    • Tamil
    • Celebrity
  • Business
    • Corporate World
    • Economy
    • Personal finance
    • Trade
    • Jobs
    • Entrepreneurship
    • Markets
  • Culture
    • Art
    • Literature
    • Books
    • Travel
    • Blog
  • Life
    • Life&Style
    • Men
    • Women
    • Kids
    • Relationships
    • Yuva
    • Health
    • Food & Drinks
    • Fashion
  • Sports
    • Cricket
    • Football
    • Tennis
    • Hockey
    • Basketball
    • Badminton
    • Kabbadi
    • Women’s Cricket
    • Asian Games
    • Fifa world cup
  • Technology
    • Social Media
    • Mobile
    • Internet
    • Gadgets
    • Artificial Intelligence
    • Virtual Reality
  • Science
    • Environment
    • Space
    • Genetics
    • Physics
    • Wildlife
  • Videos
    • Video Songs
    • Trending Videos
    • Video Gallery
    • Film Trailers
  • More
    • Autos
    • Features
    • Editor’s Picks
    • Education
    • Articles
    • Stories
    • General
    • Weird

© 2018 Bignews - Developed by Bigsoft.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In