Saturday 23 November 2024
 
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Cash Crunch

SBI to bail out Kingfisher: Report

India's State Bank of India (SBI) has decided on Rs16.5 billion ($334.62 million) loan package to help troubled Kingfisher Airlines overcome a cash crunch, the Hindustan Times newspaper reported on Wednesday. The newspaper quoted an unide

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Qaeda faces cash crunch after bin Laden loss

Deprived of Osama bin Laden's fundraising starpower, Al Qaeda's commanders face the prospect of a cash crunch that would complicate the task of evading capture by their US pursuers. The likely successor to Osama bin Laden is Ayman al-Zawah

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