The first canister-based trial of India’s Agni-V intercontinental ballistic missile was successfully carried out for the missile’s full range of more than 5,000 km from Wheeler Island off the eastern Odisha coast on Jan. 31.

The carrier has invited offers from banks and other financial institutions to arrange the bridge financing for a 12-18-month period.

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.