Tata Group checks into airport business with Rs 8,000-cr deal
After the purchase, Tata will hold 20% in the airport unit, while GIC will get 15% and SSG will own 10%.
GVK taps NIIF-ADIA for Rs 6,500 crore to prevent Adani’s landing at MIAL
GVK’s promoters took the loans to finance an Australia project and t...
GIC, Mitsubishi in talks with GMR Infra to buy minority stake in Airport Hold Company
GMR has for the last couple of years made efforts to di...
Adani Group in race to buy 23.5% in Mumbai Airport
The Adani Group has sought to buy the stakes of Airports Company South Africa and Bidvest at a valuation of Rs 9,500 cr.
Singapore’s Changi to be first foreign company to manage an Indian airport
The operator of Singapore’s Changi Airport is set to become the first foreign company to manage an Indian airport.
JSW Steel eyes Italian long products company Aferpi
The Italian firm is owned by Algerian group Cevital which is looking to find possible solutions for it and submit an industrial plan to Italian government by end of October.
Stocks in the news: Grasim, Emami, Ambuja Cements, Cipla and IOC
Meanwhile, Infy has settled a case pertaining to the severance package for former CFO.
Regulator wants BAA breakup
BAA, the owner of Heathrow, may be ordered by antitrust regulators to sell two London airports and one in Scotland.
BAA agrees sale of Britain's Gatwick airport: Report
Airport operator BAA has agreed to sell Gatwick, Britain's second busiest airport, for 1.5 billion pounds (2.5 billion dollars, 1.6 billion euros), the Financial Times reported late Tuesday.
Goldman Sachs plans $19bn bid for BAA
A consortium led by US investment bank Goldman Sachs Group is preparing a £10bn ($18.7bn) bid for UK airport operator BAA.
Navi Mumbai airport: CIDCO can take non-aeronautical revenue share
The Ministry has approved 'the shared till' model, a request made by CIDCO, after the bidders sought clarification on the matter.
BAA may be ordered to sell off some airports: chairman
The chairman of BAA said he expected Britain's biggest airport operator to be ordered to break up the company.
New airport: Cidco extends bid deadline yet again to Sept 2
Last week, a Cidco delegation had presented a revised tender document draft to aviation minister, which he approved immediately.
Maharashtra government may complete land buy for Navi Mumbai Airport by January 15
“Total 2,268 hectares of land was to be acquired for this new airport. Though the process took time, it is now almost over," said a senior bureaucrat.
Relief likely for Navi Mumbai airport aspirants
The airport will span an area of 2,867 acres with a terminal building covering 5,23,000 square meters and two parallel runways.
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