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staggering loans

Kingfisher to sell properties to pay off debts

Kingfisher to sell properties to pay off debts
Beleaguered Kingfisher Airlines has planned to sell two of its unused properties in Mumbai and Goa to partly repay staggering loans of about Rs 7,500 crore. The Mumbai property is likely to fetch Rs 120-90 crore and Rs 30 crore for the Goan villa by the current market value. Prakash Mirpuri, an airline staff, said [...] Continue Reading »



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