- The Central Government has approved the infusion of Rs.1,200-crore as equity in Air India Limited and directed the management of the public sector carrier to work towards rationalisation of its wage structure.
- Government had earlier released Rs.800 crore in February this year as equity induction in the National Aviation Company of India Limited (NACIL), now Air India Limited, for its revival plan.
Sunday, January 2, 2011
Centre approves Rs.1,200 crore equity infusion in Air India
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