State-run airline Air India is going through a cash crisis. Due to this, oil companies have stopped supplying fuel many times. Now, this crisis is again looming over Air India. State-run oil companies said Air India was not fulfilling its commitment to pay Rs 100 crore per month. Air India owes fuel payment of Rs 5,000 crore to the three major state-run oil companies, the company had talked about paying these amounts.
Oil companies say that if no solution is found to this problem, they will have no other option but to stop the company’s fuel supply at the six major airports from Friday. IOC Finance Director Sandeep Kumar Gupta said, Read More
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