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  Brothels rescue cash-strapped Greek soccer team

  Football | October 18, 2012 18:25 IST

  Larissa, Oct 18: The world's oldest profession is giving a whole new meaning to love of the game. Players on a cash-strapped Greek soccer team now wear pink practice jerseys with the logos "Villa Erotica"

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  Govt Owes Rs 574 Crore To Cash-Strapped Air India, Says Ajit Singh

  March 28, 2012 21:40 IST

  New Delhi, Mar 28: Government owes over Rs 574 crore to cash-strapped Air India with Prime Minister's Office having an outstanding of more than Rs 200 crore, Civil Aviation Minister Ajit Singh today said.“The outstanding

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  Kingfisher Seeks More Time To Pay Service Tax Dues

  March 23, 2012 18:39 IST

  New Delhi, Mar 23: Cash-strapped Kingfisher Airlines has sought more time from the revenue department to pay its Service Tax dues of about Rs 76 crore, a finance ministry official said today.“They want some more

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  Govt To Launch Process Of Allowing Foreign Airlines 49% Stake In Indian Carriers

  January 17, 2012 20:27 IST

  New Delhi, Jan 17: Accepting a major demand of the cash-strapped aviation industry, the government today said it would soon launch the process to allow foreign airlines 49 per cent stake in Indian carriers.A meeting

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  Air India Floats Tender To Sell Boeing-737 Freighters

  January 06, 2012 18:36 IST

  New Delhi, Jan 6: In a major bid to shore up its falling revenues, cash-strapped Air India has floated a global tender for the sale of six Boeing 737 freighters, virtually bringing the curtains down

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  RBI Approves Extension Of AI Loan Tenures

  November 24, 2011 20:04 IST

  Mumbai/New Delhi, Nov 24: Cash-strapped Air India today got a boost with Reserve Bank of India approving extension of its loan tenures from 10 to 15 years.“Yes, RBI has cleared our loan restructuring proposal today,”

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  AI Faces Whopping Debt Of Rs 43,777 Crore

  November 24, 2011 19:53 IST

  New Delhi, Nov 24: The total debt of cash-strapped Air India, consisting of aircraft and working capital loans, is Rs 43,777 crore and the governnment has infused Rs 3,200 crore equity to help the airline,

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  Kingfisher To Restore Normal Flight Schedule In 3-4 Months

  November 19, 2011 19:09 IST

  New Delhi, Nov 19: Cash-strapped Kingfisher Airlines, which has drastically reduced its services for the past one week, today said it would normalize the entire flight schedule in the next three to four months.Top Kingfisher