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Thai media has reported the airline was seeking a multi-billion baht loan. The document seen by Reuters reveals the carrier’s detailed plan for the first time.(Unsplash)

Thai Airways to seek $1.8 billion emergency loan to navigate virus impact

By Reuters | Bangkok
UPDATED ON APR 30, 2020 03:18 PM IST
Thai Airways International PCL plans to seek a 58.1 billion baht ($1.80 billion) emergency loan to maintain liquidity and see it through a coronavirus-induced drop in demand, showed a document from the airline detailing the plan.
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In Chennai, the search operations are underway at SNJ’s head office at Nandanam and its other premises in Thiyagaraya Nagar and Triplicane. Around 100 IT officials are involved in these simultaneous raids. (Image used for representational purpose).(PTI PHOTO.)
In Chennai, the search operations are underway at SNJ’s head office at Nandanam and its other premises in Thiyagaraya Nagar and Triplicane. Around 100 IT officials are involved in these simultaneous raids. (Image used for representational purpose).(PTI PHOTO.)

IT raids at 40 locations owned by Tamil Nadu’s SNJ Group

By M Manikandan | Hindustan Times, Chennai
UPDATED ON AUG 07, 2019 05:54 PM IST
The sources said that IT officials had seized Rs 4 crore of unaccounted cash and documents on Wednesday.
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Devendra Deshmukh, founder, e-Zest Solutions, a company that helps others digitise their business.(HT PHOTO)
Devendra Deshmukh, founder, e-Zest Solutions, a company that helps others digitise their business.(HT PHOTO)

Scaling up is absolutely necessary for any profitable start-up, says Devendra Deshmukh, founder, e-Zest Solutions

By Namita Shibad | Hindustan Times, Pune
UPDATED ON DEC 19, 2018 04:27 PM IST
In the early days founders do everything themselves, but if you have to grow you have to delegate, you have to have processes without which you cannot grow, he says
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Chinese e-commerce giant Alibaba Group Holding Ltd smashed the 2017 record on Sunday, surpassing 168 billion yuan ($24.15 billion) sales in under sixteen hours.(Bloomberg)
Chinese e-commerce giant Alibaba Group Holding Ltd smashed the 2017 record on Sunday, surpassing 168 billion yuan ($24.15 billion) sales in under sixteen hours.(Bloomberg)

Alibaba Singles’ Day smashes $25 bln sales record in under 16 hours

By Reuters | Shanghai
UPDATED ON NOV 11, 2018 06:42 PM IST
Chinese e-commerce giant Alibaba Group Holding Ltd smashed the 2017 record for its Singles’ Day sales event on Sunday, surpassing 168 billion yuan sales in under sixteen hours.Singles’ Day, also called “Double 11” is the world’s biggest online sales event, outstripping U.S. shopping holiday Black Friday.
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