Last Updated: Monday, April 20, 2015, 18:32
The government has received more than Rs 5,814 crore from the Airports Authority of India (AAI) in the last four financial years, Lok Sabha was informed Monday.
Last Updated: Thursday, April 2, 2015, 00:05
GMR Infrastructure will acquire shares from investors in its subsidiary GMR Airports as the company looks to consolidate its holdings.
Last Updated: Wednesday, March 25, 2015, 17:38
Hiking its stake in Delhi International Airport to 64 percent, GMR Infrastructure will acquire an additional 10 percent equity for USD 79 million from Malaysia Airports Holdings Berhad (MAHB), which is exiting the venture.
Last Updated: Monday, March 23, 2015, 20:45
With more and more high-density traffic airports going into the hands of private players, the state-run Airports Authority of India (AAI) is now looking at focusing on the cargo segment to boost its revenues.
Last Updated: Tuesday, March 17, 2015, 19:08
The state-run airport operators earlier had March 26 as the last date for submitting the RFQ.
Last Updated: Tuesday, February 24, 2015, 19:16
Five private carriers, including the grounded Kingfisher, had to pay dues worth over Rs 664 crore to the Airports Authority of India (AAI) at the end of December 2014, the government said Tuesday.
Last Updated: Tuesday, February 24, 2015, 18:26
The government on Tuesday said it has initiated the process of developing four airports through public private partnership mode but there was no move to privatise them as of now.
Last Updated: Monday, February 16, 2015, 20:12
Employees union of state-run airports Monday called an all-India strike on March 11 to protest against the Government's move to hand over airports, in which it has already invested Rs 5,000 crore public money, to private operators.
Last Updated: Monday, February 16, 2015, 18:35
The Airports Authority Employees Union (AAEU) has called for a nationwide strike on March 11 to protest against the privatisation of airports by the government.
Last Updated: Saturday, February 14, 2015, 23:55
GMR Infrastructure on Saturday reported a consolidated net loss of Rs 638.33 crore for the third quarter ended on December 31 due to higher finance cost.
Last Updated: Friday, February 13, 2015, 20:01
The Centre of Indian Trade Unions (CITU) Friday opposed the central government's attempts to hand over management of vital infrastructure like airports to private corporates and called upon all the trade unions to come together and resist the move.
Last Updated: Tuesday, February 10, 2015, 17:22
AAI in this regard signed a memorandum of understanding with IATA on Monday.
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