The State Bank of India (SBI) is objecting to the proposal of Captain Gopinath to float a budget airline due to the fact that he still needs to repay loans of about Rs 500 crore to various banks outstanding from Deccan Cargo and Express Logistics which ran Deccan 360. SBI has written to the Director...
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AIR INDIA TO RAISE CASH THROUGH PROPERTY SELL OFF
By
Dino D'Amore
16th May 2011