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Govt to infuse Rs 2,000 crore into Air India

New Delhi, Dec 8, 2012, Reuters:

India will infuse Rs 2,000 crore in equity into ailing state-run carrier Air India as part of a turnaround and financial restructuring plan, a government statement said on Friday.

Last year, the government approved a $5.8-billion bailout plan for the national carrier. The latest equity infusion is part of that plan.


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