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Air India gets loan for paying salaries
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http://www.ndtv.com/convergence/ndtv/processarchive.aspx?id=...
Submitted by
indiastocks
2 weeks, 4 days, 10 hours agoNational carrier Air India got a breather when a consortium of banks agreed to give it Rs 500 crore as working capital loan. The cash-strapped carrier will use the loan to pay salaries and allowances to its staff.
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