October 15, 2009 8:39 AM
Govt. 3,000 crore bailout plan for Air India
The government is to infuse additional equity to bailout Air India. It has charted a revamp roadmap to cut costs by Rs 3,000 crore and increase revenue by Rs 2,000 annually. Talking to reporter in Mumbai, Civil Aviation Minister Praful Patel said a note for Cabinet Committee on Economic Affairs in t...