Friday, July 06, 2018

Government mulls infusing fresh capital in Air India

Hyderabad: With debt-laden Air India finding no takers, the Central government is now mulling to infuse fresh capital into the state-owned carrier, a top official said on Thursday. Civil Aviation Secretary R. N. Choubey said a decision on infusing fresh capital would be taken very soon. Stressing that the government has not given up the disinvestment plan, he said the same would be taken up once the conditions become favourable. Talking to reporters on the sidelines of an event here, Choubey hinted that while putting in fresh capital, a timeline would be set for Air India to deliver.
06/07/18 IANS/Sify Finance

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