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Thursday 29 November 2018

Home / Business News: Latest News on Business / Financial News / India Business & World Business News / Stock Markets / Rs 30,000 crore Air India debt to be transferred to new company

Rs 30,000 crore Air India debt to be transferred to new company

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Air India will need to seek approval of lenders to transfer the debt. If that is hard to or does not come by, the government could even look at asking the SPV to raise the sum and pay off lenders, said a senior aviation ministry official.

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