AAI to Raise Rs 1200 Cr.

The Airports Authority of India is in the process of raising Rs 1200 crore by the end of this financial year to meet its financial requirements for developing airports across the country.
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While its proposal to raise Rs 5000 crore through tax free infrastructure bonds has not found favour with the Government, the state owned airports operator plans to borrow Rs 2000 crore to meet its requirement for funds the official sources said.
By this AAI would decrease its loss.

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