Multi Modal Journal

AI debt recast to cripple banks: Finance Ministry

AI debt recast to cripple banks: Finance Ministry The Finance Ministry of India has raised a red flag over restructuring of over US$ 4.2 billion of Air India's debt and stated that unsecured loans could not be part of the recast plan as banks would be crippled by a hit of US$ 2 billion.

Canadian Pacific to take its long train strategy to new lengths in 2012

Canadian Pacific to take its long train strategy to new lengths in 2012 Canadian Pacific (CP) will further develop its long train strategy in 2012. As part of CP's previously announced 2011 capital expansion program, the Company's installation of new and extended sidings in several key regions throughout its network will allow CP to further benefit from current double ...