home » General » Govt likely to invest Rs 25 bn in Air IndiaGovt likely to invest Rs 25 bn in Air Indiaposted by simi(27) 13 months ago (www.myiris.com) Air India, the Indian government controlled airline may receive a Rs 25 billion aid from the government to help it stay afloat in the current financial markets, reports Economic Times. Since government holds majority stake in the Airline, the government is obliged to make infusion in the company to help it weather the current global financial storm. The airline has currently merged with it`s sister concern Indian Airlines and has proposed infusion of Rs 10 to 15 billion of equity capital a read more » |
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