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AI to spin off MRO

AI to spin off MRO

National carrier Air India (AI) plans to spin off maintenance, repair and overhaul (MRO) engineering operations by April to earn about Rs 3,000 crore annually through the engineering division.

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NHAI's new financial plan

NHAI's new financial plan

The National Highways Authority of India (NHAI) is in the process of preparing a new draft plan as its earlier proposals were rejected by the Planning Commission citing that NHAI would find it difficult to borrow funds from the market.