The airline’s rescue plan to infuse 15 billion rupees ($243 million) by the end of March, which was submitted by its co-founder Ajay Singh and other investors, was approved by India’s aviation ministry on Jan. 21.
India will conduct the first test of the air-launched version of the BrahMos supersonic cruise missile in March, using an Indian air force Su-30MKI fighter, according to an official involved in the project.
