Govt may infuse â¹2,300 crore in Air India after failed sale bid
The government has sought Parliament's approval for an equity infusion of â¹2,300 crore in Air India after a failed attempt to sell the state-owned carrier. The airline, burdened with â¹55,000-crore debt, hasn't made a profit in over 10 years. Air India's turnaround strategy involves a financial package, branding refresh, governance reforms and a plan to motivate staff, government had said.