Maxis' $1.2 Bn Lifeline For Aircel
  • Prabha Hedge
  • Apr 04 2014

April 4: Aircel is set to get some relief from its Rs.20,000 crore debt burden. Bloomberg TV India has learnt that promoter - Maxis has decided to infuse about $1.2 billion into the telecom company. Also, State Bank of India-led consortium has agreed to lend about $3 billion over the next two years. Priya Sheth shares a detailed report on the same.