GMR-run Delhi airport expects hub traffic to surge to 25 per cent in three years as the now cash-strapped Air India will expand its domestic and international network under the stewardship of Tatas
Infrastructure major GMR group on Friday unveiled its plans to modernise and develop Nagpur Airport following a ruling by the Nagpur Bench of Bombay High Court.
Bombay High Court sets aside Mihan's order canceling contract
GMR Group has written to Airports Economic Regulatory Authority seeking an increase of the aeronautical tariffs including User Development Fee.
Cites second wave for invoking force majeure
Redevelopment cost pegged at Rs 1,642 cr; project to be executed on design, build, finance, operate and transfer (DBFOT)-basis
AAI had bid airports at Belagavi, Jalgaon, Kalaburagi, Khajuraho, Lilabari as part of new policy to buttress its revenue
The MoU is to explore collaboration opportunities across aviation services, technologies and innovation
GMR Hyderabad International Airport and GMR Hyderabad Air Cargo have signed a MoU with Dubai Airports for building an exclusive Vaccine Air Freight Corridor
Bengaluru airport in process of finalisng new brands for its retail and F&B zone
The stake sale is valued at Rs 2610 crore, of which Rs1,600 crores would be received on the closing date and balance Rs 1,010 crore would be received in the next two to three years
Fresh from a demerger and with a French partner, GMR Airports is readying itself to take on the Adani group for leadership in India's airports business
This will be the first airport company to be listed on the Indian stock exchanges
Also talking to airlines to see if test costs can be included in ticket price
For the full year FY20, GMR reported a total loss of Rs 2,198.49 crore against Rs 3,466.41 crore in FY19
Move could a boost for the company, as it was in the process of expanding in Railways sector by showing interest in private train project, station redevelopment and dedicated freight corridors
The French airport operator will now pay Rs 9,720 crore instead of Rs 10,780 crore which it had agreed to pay earlier
In its first tranche of investment, Groupe ADP had paid Rs 5,248 crore on February 26
GMR won the bid by offering to pay Rs 303 per passenger fee
The Bengaluru-based infrastructure major has presence in roads and highways, energy and airport sectors