Govt to infuse 20 billion rupees into Air India

NEW DELHI Fri Dec 7, 2012 12:25pm IST

The Air India's Dreamliner Boeing 787 is given a traditional water cannon salute by the fire tenders upon its arrival at the airport in New Delhi September 8, 2012. REUTERS/Mansi Thapliyal/Files

The Air India's Dreamliner Boeing 787 is given a traditional water cannon salute by the fire tenders upon its arrival at the airport in New Delhi September 8, 2012.

Credit: Reuters/Mansi Thapliyal/Files

Related Topics

NEW DELHI (Reuters) - India will infuse 20 billion rupees in equity into ailing state-run carrier Air India as part of a turnaround and financial restructuring plan, a government statement said on Friday.

Last year, the government approved a $5.8 billion bailout plan for the national carrier. The latest equity infusion is part of that plan.

(Reporting by Manoj Kumar; Editing by Anand Basu)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Fuelling Change

REUTERS SHOWCASE

No West Indies Tour

No West Indies Tour

India suspends all future tours with West Indies  Full Article 

Pistorius Sentenced

Pistorius Sentenced

Oscar Pistorius jailed for five years for Steenkamp killing  Full Article 

Ebola Outbreak

Ebola Outbreak

Nigeria declared Ebola-free, holds lessons for others.  Full Article 

Inside Kobani

Inside Kobani

Turkey to let Iraqi Kurds reinforce Kobani as U.S. drops arms to defenders.  Full Article 

Apple Earnings

Apple Earnings

Apple's iPhone sales beat Street but iPad volumes slide.  Full Article 

Lingering Issue

Lingering Issue

Unfinished war in Sri Lanka threatens paradise regained.  Full Article 

De la Renta Dead

De la Renta Dead

Fashion designer Oscar de la Renta dead at 82   Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage