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AIR INDIA’S EQUITY INJECTION APPROVED IN PRINCIPLE

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AIR INDIA’S EQUITY INJECTION APPROVED IN PRINCIPLE

The Indian Group of Ministers (GoM), headed by Finance Minister Pranab Mukherjee, has approved in principle an additional equity infusion of Rs1, 200 crore for Air India as well as a payment of Rs532 crore for operating VVIP and rescue flights. Civil Aviation Minister Vayalar Ravi confirmed that the...

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