adani managed airports

The managed portfolio agreement will add close to 1,500 hotel rooms across India, with Mangaluru among cities planned for hospitality-led airport development

Himanta Biswa Sarma is set to take oath for his second consecutive term as Assam's Chief Minister, joining an elite group of BJP leaders with multiple terms. Prime Minister Narendra Modi will attend the swearing-in ceremony, highlighting the significance of Sarma's re-election and the BJP's strengthened position in the Northeast.

Senior Vice President Dino Bekis explains the architecture behind a partnership that doubles as the opening move in Qualcomm's broader India ambition

Analysts are bullish on Adani Enterprises, HAL, and Trent, citing growth drivers like new energy and engine co-production. Aurobindo Pharma's biologics expansion shows promise but financial gains are distant. Aditya Birla Capital's housing finance arm impresses with strong loan growth and improved asset quality, despite minor revenue misses.

The Adani Group will take over the operation and management of Mangaluru, Lucknow and Ahmedabad airports on October 31 and November 2 and 7, respectively, the Airports Authority of India (AAI) announced on Thursday. Citing the pandemic, the group had sight time to take over the airports and AAI had asked it to do so by November 12.

Adani group on Friday signed agreements for operating the airports at Ahmedabad, Lucknow and Mangaluru with the Airports Authority of India (AAI). The group had earlier won the bids for operating 6 AAI airports and will take over at these three places.

Adani Group's airport business, managed by Adani Airport Holdings, a wholly owned subsidiary, currently operates seven airports across India, including those in Mumbai, Lucknow, Ahmedabad, Jaipur, Guwahati, Thiruvananthapuram, and Mangalore.

The Kerala government did not qualify in Thiruvananthapuram airport's bidding process that was carried out in a transparent manner, civil aviation minister Hardeep Singh Puri said on Thursday. The Kerala government has opposed the Union Cabinet's approval on Wednesday to lease out the Thiruvananthapuram airport to Adani Enterprises through public private partnership.

New Delhi, Feb 25 () The Adani group has won the bid to operate five out of six airports that were put for privatisation by the central government, a senior official of the Airports Authority of India (AAI) said Monday.

Following controversy over the renaming Mumbai airport, Maharashtra Cabinet Minister and Nationalist Congress Party leader Nawab Malik slammed the proposed name change.

The government had decided to lease out six airports for 50 years to run them the public-private way last year. AAI had invited bids in December 2018 and Gautam Adani’s infra major Adani Group had emerged as the highest bidder in all these six airports. As of now, Ahmedabad, Lucknow and Mangaluru airports will start to be run by the Adani group while the rest will follow soon.

Airports in Mangaluru, Ahmedabad and Lucknow will now be run by the Adani Group in publicprivate partnership (PPP), like the airports in Mumbai and Delhi, for the next 50 years, a government statement said on Wednesday.

The Adani Group has emerged as the highest bidder for five of the six airports government plans to run public-private way like the mega-hubs at Delhi and Mumbai. The Gautam Adani-led infra major has won the bids to operate Ahmedabad, Jaipur, Mangalore, Trivandrum and Lucknow airports for next 50 years

New Delhi, Feb 26 () Adani Group has emerged as the highest bidder to operate Guwahati airport, a senior AAI official said Tuesday. This comes a day after the group emerged as the highest bidder for five other state-owned airports.

The Adani Group won the bid for Jaipur International Airport on Monday amid protests by the employees’ union. The employees started a relay hunger strike on Monday against privatization of the airport and claimed that the move raised serious concerns regarding their job security.

Adani Airport’s flagship Mumbai International Airport Ltd (MIAL) has raised $750 million from Apollo-managed credit funds which will be used to refinance existing debt and for new capital expenditure requirements.