Air India has demanded an up front equity infusion of Rs. 6,600 crore (Rs. 66 billion), including the Rs. 1,200 crore (Rs. 12 billion) announced in this year's budget, during this financial......
Major progress has been made in Air India's attempts to cut costs, with the Committee of Secretaries (CoS) giving its board permission to rework wage agreements and the airline's dozen-odd unions......