Page 2 - Mial

Adani Group acquires 74 per cent stake in Mumbai International Airport

The deal has been finalised even though a consortium of foreign investors which had earlier signed a binding agreement with GVK group for buying the asset has legally challenged it

A tale of jittery bankers, a stalled deal and GVK's Adani embrace

August-end loan deadline brought GVK to negotiating table

Grounded in Mumbai

Issues related to airport deal raise questions

Battle for MIAL: Foreign investors serve legal notice on GVK group

Call Mumbai airport stake sale to Adani a breach of agreement

Covid-19: MIAL headed for debt restructuring under RBI's special window

RBI has formed a panel under the chairmanship of K V Kamath to advise on debt restructuring of corporate borrowers facing stress due to the pandemic.

Adani Enterprises shines on bourses as it closes in on Mumbai airport

The company is aiming to become the leading airport operator in the country after getting access to the key Mumbai airport and that has driven investor sentiment and confidence, say experts

Lenders jittery over Mumbai International Airport's falling financials

After CRISIL downgrades company debt, bankers ask GVK group to come out with repayment plan

Delhi, Mumbai airports to partner firms for on-arrival Covid-19 testing

Also talking to airlines to see if test costs can be included in ticket price

From controversy to delay, an airport's endless quest for take-off

The CBI investigation of money laundering by GVK Airport Holdings adds another chapter to the long saga of controversy and delay that have bedevilled airport privatisation since inception

Mumbai airport scam: ED searches GVK promoters' residences, offices

ED sleuths are at nine locations in Mumbai, Hyderabad

MIAL scam: ED files money laundering case against GVK group co, promoters

Action follows criminal case by CBI on July 27 against GVK Group Chairman Sanjay Reddy and MIAL Managing Director GV Sanjay Reddy

CBI books GVK Group chairman, son for siphoning off Rs 705 cr from MIAL

Airport Authority of India Ltd had formed a Joint venture with GVK Airports Holdings Limited, promoted by GVK group under public private partnership firm Mumbai International Airport

Protracted litigation sets bad precedent, says Bid Services' Rory Mackey

In a Q&A, Rory Mackey, says India's long-drawn litigious process could impact one of its key infra assets and doesn't set a good precedent for the country as the preferred FDI

Bombay HC refuses to block Bidvest from selling off 13.5% stake in MIAL

GVK, which owns 50.5 per cent in the airport, had exercised its right of first refusal to acquire Bidvest shares earlier in the year, but failed to conclude the deal

Adani Group chalks up plan to invest Rs 18,000 crore in airport business

Sets aside Rs 10,000 cr to buy Mumbai airport stake

Adani takes Bidvest to HC over Mumbai International Airport stake sale

The South African company has a 13.5% stake in Mumbai International Airport (MIAL)

Lenders face higher risks from MIAL exposure, Crisil downgrades ratings

It was earlier expected that 20-25 acres of real estate monetisation would be near closure which will help shore up the liquidity levels within the first half of fiscal 2020

Delhi High Court dismisses GVK plea to stop stake sale in Mumbai Airport

Court slams GVK, says firm had no genuine exhibition of readiness to show it could pay off Bidvest to stop stake sale

MIAL defers Rs 2,000-crore bond offering over unfavourable market

The market is unfavourable so far as credit is concerned

Mial's new bonded cargo terminal to up capacity by 3,00,000 tonne

Spread over 7,500 sq m, the new facility provides exclusive handling for heavy, odd size and bonded cargo, the airport said in a release