Airport Privatisation

Mumbai airport recorded 32% increase in passenger traffic in August

The airport noted that it had observed a 108 per cent recovery in passenger traffic in August 2023 compared to the pre-pandemic level in August 2019

Tamil Nadu govt wants equity in privatised airports in return for land

State makes revenue sharing a must; move comes amid Centre's shortlisting of four key airports in TN for privatisation between 2022 and 2025

LS members seeks to punch holes in UDAN, question privatisation of airports

Lok Sabha members lauded government's efforts to rescue students stranded in war-torn Ukraine even as opposition members slammed sale of national carrier Air India and the move to privatise airports.

Govt spending Rs 14,500 crore on airports before 'privatising' them

The government had earlier stated that it would be spending Rs 25,000 crore on all airports across India

13 airports get approval for privatisation through clubbing model

AAI board okays merging major airports with smaller ones to attract investors

GMR, Groupe ADP likely to jointly bid for future airport projects

Two companies have finalised a business agreement under which both will collaborate on multiple sectors

Cairn dispute: Govt sees no threat to privatisation of Air India

Once Air India is sold to private buyer, Cairn's claim will be defeated: Official

Adani group set to centre airport business around Mumbai & Ahmedabad

In conversation with foreign institutional investors, the company has also expressed its intent to bid for six airports in the upcoming round of privatisation.

Adani Group likely to bid through MIAL in next round of privatisation

The group is reshuffling top management of Mumbai Airport after acquiring 74 per cent stake last year

Centre's plan to club unviable airports unlikely to enthuse investors

Airport monetisation is a crucial component of the Centre's aggressive asset monetisation plan unveiled by Union Finance Minister Nirmala Sitharaman in the Budget for 2021-22

Top headlines: Coronaviurs vaccine, IDBI Bank stake sale, and more

Here are the top business headlines on Friday

Govt likely to drop proposals to cap bids for airport privatisation

A panel for PPP projects had recommended restricting airport projects to 2 to check monopoly

Grounded airports

Govt plan for privatisation has flaws

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

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

Review airport auction

Kerala has no case, but avoid a defective process

Trade unions condemn proposal to privatise more airports, IRCTC stake sale

As many as 10 trade unions on Tuesday condemned the government's proposal to privatise more airports and stake sale in Indian Railways Catering and Tourism Corporation (IRCTC)

Kerala HC refuses to stay privatisation of Thiruvananthapuram airport

The Kerala High Court on Tuesday The Kerala High Court on Tuesday declined to stay the further proceedings in leasing out Thiruvananthapuram international airport to Adani Enterprises

Top headlines: Future Retails averts default, airport privatisation, more

Business Standard brings to you a snapshot of top events which made the headlines today

Airport privatisation will expand potential, attract investors: Tharoor

The congress MP had faced flak not only from the Left parties but even from his own party for his stand favouring privatisation of the Trivandrum airport