Aircel's parent infuses â¹95 crore to help pay staff salaries
Maxis Communications, the Malaysian parent company of Aircel, has reportedly provided â¹95 crore to enable the bankrupt mobile phone operator to pay salaries of around 5,000 employees. Maxis was not obligated to fund Aircel but did so as a "goodwill" gesture, reports added. Owned by billionaire Ananda Krishnan, Maxis holds close to 74% stake in Aircel.