Adani prepares SBI funding of ₹15,000 cr for Navi Mumbai airport

The construction of a second airport in India’s commercial capital is finally taking shape with Adani Airport Holdings framing up to ₹15,000 crore from State Bank of India for a proposed airport in Navi Mumbai. The group is said to have secured one of the largest project financing loans from India’s largest lender, State Bank … Read more

Yogi Adityanath rakes up Jinnah at Jewar airport event

Targeting Samajwadi Party chief Akhilesh Yadav, Uttar Pradesh Chief Minister Yogi Adityanath raised Jinnah’s issue at a program organized to lay the foundation stone of the Noida International Airport in Jewar. Yogi said that the western UP region is known for the sweetness of its sugarcane, but some people earlier changed it to frequent riots. … Read more

Adani pays ₹2,440 crore to AAI to capture 6 airports

The Adani Group has made a one-time payment to the Airports Authority of India (AAI) for six airports that the state-owned airport operator has transferred to an Ahmedabad-based company after winning the bid for the six airports. The top official told ET. AAI President Sanjeev Kumar said, “The payment has been made against capital work … Read more