Modi Is Said to Keep Out $4.7 Billion Debt Before Air India Sale – Bloomberg
By Siddhartha Singh and Archana Chaudhary November 29, 2017, 5:17 AM EST India plans to exclude more than half of the $7.6 billion debt owed by the struggling national airline to help burnish its appeal as Prime Minister Narendra Modi presses ahead with a sale, people with knowledge of the matter said. The government proposes to…