Page 12 - Mumbai Airport

Stalled Navi Mumbai airport to take off with fresh fund infusion by Adani

Project has been under planning for past 15 years but failed to close financially as GVK group, from whom Adani is taking over, is neck deep in problems

Adani Group stocks rally on Mumbai International Airport stake buy buzz

According to report, the transaction under which Adani Group will acquire 50.5 per cent of GVK Group could be announced before next week

Top headlines: Telcos for waving off AGR service tax; Hotels see recovery

From Adani Group eyeing 74% stake in Mumbai International Airport to decline in tax mop up in metros, here are top headlines this morning

Adani Group to acquire 74% stake in Mumbai International Airport

Makes group second-largest private airport operator

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

Domestic air traffic rises 6% in July as aviation sector tries to take off

Airlines flew 2.1 mn passengers in July, against 1.9 mn in June

Mumbai Airport runs 21 flights to US, Germany, France under bubble pacts

Under the pacts, airlines such as Air India, Air France, and Lufthansa are operating on these routes, MIAL said

Top headlines: Mumbai airport scam, Mittal on AGR dues and more

Here are the top headlines of the day

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

ED sleuths are at nine locations in Mumbai, Hyderabad

Bidvest moves Delhi HC against GVK, investors in airports holding firm

The lawsuit, filed on Monday, comes at a time when the Union government is seeking foreign direct investment in India, promising ease of doing business to overseas investors.

Kolkata bans flights from 6 cities including Delhi, Mumbai and Chennai

Flights cancelled between July 6 to July 19

After CBI, ED set to charge GVK Group for Mumbai airport 'irregularities'

GVK group chairman GVK Reddy and his business associates allegedly siphoned off funds belonging to Mumbai International Airport Ltd

CBI probe, funds crunch, ratings downgrade: The many troubles of GVK Group

This comes at a time when the GVK group is already fighting multiple battles.

Top headlines: CBI, ED to charge GVK Group, Biden promises on H1-B & more

Here are the top headlines of the day

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

Covid-19: Mumbai Airport to handle 100 departure, arrivals from Tuesday

The operations of international services remain suspended since late March when the government imposed a nationwide lockdown on March 25

Lockdown: Footballer stuck at Mumbai airport for 74 days, shifted to hotel

On Saturday, Muller thanked Thackeray and Kanal for their help

IndiGo aircraft hit by step ladder at Mumbai airport due to strong winds

IndiGo said SpiceJet's step ladder got detached from its parked position and hit its parked aircraft - the incident, which took place Saturday morning, is being probed by the authorities

Cycline Nisarga: Flight operations at Mumbai airport resume after 6 pm

A GVK-led consortium in partnership with AAI runs the Mumbai airport under a joint venture MIAL