https://www.channelnewsasia.com/business/air-india-seeking-fresh-equity-sia-tata-sons-6340186?cid=FBcna   Air India is seeking about US$1.5 billion in fresh equity from its owners Tata Sons and Singapore Airlines (SIA), months after the second-largest Indian airline posted a record annual loss, two people familiar with the matter told Reuters. "Air India wants the funds immediately, though the infusion is likely to happen in tranches. SIA would need to contribute its share of the proposed infusion for the investment to go through," one of the sources said. Singapore Airlines, which owns around 25 per cent of Air India, said it was working closely with Tata Sons to support Air India's transformation programme, but declined to comment on the airline's finances.           LOL  

Little rifle boy is GUARDS wor.. 

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