Bharat Petroleum and Air India Debt Crisis

IN NEW DELHI: By March in upcoming year, the government plans to sell the two indebted companies, Air India (AI) and Bharat Petroleum Corporation Limited (BPCL). This news was broken by Nirmala Sitharaman, Finance Minister of India, in a talk with Times of India, at a time when ailing national carrier is confronted with a groundbreaking debt of approximately Rs. 60,000 crore.  She told the daily news that the government is expecting to co....