December 30, 2010 / 4:49 PM / 9 years ago

Cabinet OKs 12-bln-rupee infusion into Air India

Air India's Airbus A321 and Boeing 777-200 LR aircrafts are on display at the tarmac of Mumbai airport July 30, 2007. The Cabinet has approved an equity infusion of 12 billion rupees into state-run Air India, Civil Aviation Minister Praful Patel told reporters on Thursday. REUTERS/Punit Paranjpe/Files

NEW DELHI (Reuters) - The Cabinet has approved an equity infusion of 12 billion rupees into state-run Air India, Civil Aviation Minister Praful Patel told reporters on Thursday.

The carrier has also sought an additional 20 billion rupees from the government for FY12, Patel had said earlier this week.

Reporting by Nigam Prusty; Editing by Rajesh Pandathil

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