Indian government budgets higher equity infusion into Air India

Credit: By Rob Finlayson
India’s government has budgeted for Rs 65 billion ($1.8 billion), as equity infusion for flag carrier Air India during the financial year 2014-15. Provision for the amount has been made in the union budget, unveiled by India’s finance minister Arun Jaitley in Delhi on Thursday. This year’s provision...

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