Government may issue NCDs of up to Rs 29,000 cr to repay Air India's outstanding working capital loans

Air India's problems have defied a solution despite generous doles from the government. Potential suitors are scared of its debt burden and huge employee base. The government is keen to separate good assets from the bad in the hope that this will help the carrier break free.

from Industry-Economic Times http://bit.ly/2Czwavr