Operators developing greenfield airports (built from scratch on undeveloped land) are likely to face increased competition, with the Ministry of Civil Aviation considering tweaking the norms to allow such airports to be developed within 150-km radii ... Smart Investor, 2 weeks ago
New Delhi: Builders are gold plating airports with unnecessary and expensive fittings, using Italian instead of cheaper Rajasthani marble, for example, bumping up costs that are passed on to passengers and airlines, the airports regulator has said, ...Livemint.com, 2 weeks ago
Low-cost airline IndiGo is planning to launch an initial public offering (IPO) to raise $250-300 million, an investment banker familiar with the development said. At least 13 investment banks have pitched for the mandate, said the banker, who ...Financial Express, 3 weeks ago IndiGo said to plan USD300-mn IPO Financial Express, 3 weeks ago
Indian aviation companies are headed for another turbulent and a loss-making year as rising fuel costs and increasing competition is expected to hit profitability for most airlines. As per the estimates by the global aviation consultancy firm - ...DNA India, 4 weeks ago
Intl tribunal upholds validity of GMR's Male airport pact, Maldives liable to pay damages for loss from termination
, 10:03 pm By S Venkat Narayan Our Special Correspondent NEW DELHI, June 20: India's GMR Infrastructure Ltd has said an international tribunal has declared that its concession agreement to upgrade Male international airport in the Maldives ...Sri Lanka Island, 1 month ago
Narendra Modi Narendra Modi's concept of minimum government and maximum governance is said to have changed the way the government functions in his home state of Gujarat , making it more efficient. Modi himself describes the model as 'more of ...Business Today India, 2 months ago
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