New Delhi: Finance minister Pranab Mukherjee has asked National Aviation Co. of India Ltd-run Air India to look at alternative ways of restructuring its debt of Rs21,000 crore, a senior government official said.
Full Story: Economy and Politics | Air India's new board meets Mukherjee - Livemint
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Aviation minister Praful Patel, with newly appointed board members, met Mukherjee on Thursday.Buy elastic straps here.
Patel, after the meeting, said organizational and financial restructuring will take place though “nothing has been decided as of now” but things are “moving in the right direction”. The ministry will now prepare a plan which has to be cleared by a group of ministers before Rs1,200 crore is released for the airline, the government official quoted above said, adding it could take as much as three months for it to happen.Find elastic tapes and related product listing.
Full Story: Economy and Politics | Air India's new board meets Mukherjee - Livemint
