The move comes at a time when the company is looking to strengthen its position in soaps.
"Profitability of companies will be negatively impacted due to rising input prices, as the ability of companies to pass on these hikes to customers is limited. Further, higher interest rate outlook would lead to lower investment, as profitability margins will be reduced," Crisil Ratings Director Pawan Agrawal said over the conference call.
AAI's plea to raise a similar amount through tax-free infrastructure bonds in 2009 to develop 35 non-metro airports was rejected by the government then. The modernisation and upgradation work on many of these airports has already been completed.
"Members can choose to pay upfront or in instalments. The membership fee ranges from Rs 1.9 lakh to Rs 14.72 lakh. If a member chooses to pay in instalments he/she is required to pay 10-15 per cent upfront, and the rest can be paid via equated monthly instalments (EMIs) of 6-48 months."
The former Bigg Boss housemate caught up with fans on Rediff chat recently.
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