Air India posts highest-ever net loss of Rs 8,556 cr in 2018-19; receives Rs 30,520-cr equity infusion from FY'12
Puri said that the crisis-hit Air India has received an equity infusion of Rs 30,520.21 crore from financial year 2011-12 till date.
Debt-ridden Air India expects to pay lenders, jet leasing firms in two weeks; eyes fresh capital from government
Three banks and two aircraft leasing companies have reportedly served default notices on Air India over the past few weeks.
Tapping smartphones on high-tech contactless cash machines, bank customers will now be able to withdraw 100 pounds (around Rs 8,414) in cash, reports said.
Govt has pumped in Rs 22,280 cr of taxpayer money into Air India, but where is the plan to disinvest?
Of the Rs 30,000 crore planned to be spend on Air India's turnaround plan over a 10-year period, over 70% of the promised support been given in first three-and-a-half years itself
Nokia only recently showcased their smartphones equipped with the NFC technology. Now one of the country's leading wireless transactions...