Page 11 - Mumbai Airport

Mumbai airport starts Covid express test facility for departing passengers

The city airport on Saturday said it has extended the availability of its express coronavirus infection test facility also to departing passengers and non-passengers

SITA plans to augment manpower as it sees more opportunities in India

Currently, the centre employs around 400-500 workforce, excluding the ones working with its various offshore partners here

Govt to club unviable airports with main ones in next privatisation round

Facing criticism that privatising profit-making airports is saddling the AAI with economically unviable airports and fostering monopoly in the sector, the Centre is planning to rewrite policy

Adani's acquisition of Mumbai Airport from GVK gets CCI green signal

The Competition Commission has approved Adani Group's proposed acquisition of controlling stake in Mumbai airport from GVK Airport Developers under the green channel route

Covid-19 impact: AAI likely to slip into red for first time in FY21

However, Miniratna firm won't cut planned capex of Rs 5,000 cr for FY21

Mumbai airport delays salary and vendor dues, says no access to funds

MIAL cites court's status quo order on escrow account for situation

Mumbai airport rolls out contactless check-in system for passengers

Mumbai airport has put in place a QR code-enabled contactless check-in mechanism for passengers, which allows them the use of their mobile phones to remotely operate check-in and self-bag drop kiosks

Six out of top 10 infrastructure companies struggling to stay afloat

These companies have lost 70 per cent of their market capitalisation in the past six years and four of them are down 90 per cent or more during the period

ED probe 'finds diversion' of Rs 310 cr from MIAL through shell companies

A portion of this was routed back to the promoters of the GVK Group in the joint venture company through multiple complex transactions, according to the federal agency

Adani to integrate smaller airports with Mumbai, play hub-and-spoke game

Gautam Adani says the company will bid for upcoming second airports built across cities

Terminal decline: How GVK group's infra bets cost it Mumbai airport biz

While the group hadn't built on its airport assets, its entry into coal, power and roads was the proverbial last straw that saw its lose its crown jewel in Mumbai

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

PSP, ADIA and NIIF breached airport agreement, says GVK group

The move led arbitral tribunal to vacate the order of injunction that had restrained Bidvest and ACSA from selling their shares to any third party, firm says in response to legal notice

Best of BS Opinion: Journey of economic reforms, ease of doing biz & more

Here's a selection of Business Standard opinion pieces for the day

Govt should not be running airports and airlines, says Hardeep Singh Puri

"If the government runs an airport or an airline, then they have to follow the government rules like L1 and L2, and that is not how commercial entities can run," Puri said

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

Big gets bigger

Is dominance of big players necessarily a bad thing?

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