Loss-laden national carrier Air India is seeking a bridge loan of $500 million ahead of its planned sale of three Boeing 777s to raise funds for trimming its huge liabilities. Air India is o…

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Digital ad spending would make up just over one-quarter of all paid media spending globally, projects a new report

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Emerging economies like China, India, Russia and Brazil will be the propellers of civil aviation over the next decade as incomes and travel aspirations rise in these countries, a new study of the a…

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Piramal Enterprises Ltd has acquired a 20-per cent stake in financial services firm Shriram Capital Ltd for Rs2,014 crore (about $335 million), the two companies said in a joint release. Pir…

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Private equity firm The Blackstone Group and Goldman Sachs merchant banking unit yesterday struck a deal to buy capital markets software specialist Ipreo Holdings from Kohlberg Kravis Roberts (KKR)…

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A consortium comprising Canadian private equity firm Onex Corp and entertainment company Cineplex Inc have emerged in the lead to buy US restaurant and arcade chain Dave & Buster’s Inc, The Wal…

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Teams searching for the missing Malaysia Airlines plane would, for the first time, press into service, a robotic submarine

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The state-owned Bank of India (BoI) has become the first Indian bank to extend a bridge loan of $200 million to national carrier Air India to finance the purchase of two Boeing 787 Dreamliner aircr…

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The battle for control for Canadian gold miner Osisko Mining Corp heated up yesterday after Goldcorp Inc raised its hostile bid to $3.3-billion, trumping a friendly offer agreed to by Yamana Gold I…

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Flint is one of the world?s leading suppliers of inks and other print consumables like flexographic printing plates, blankets, image transfer products and chemicals for press rooms, to the packaging a…

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