As a part of the infrastructural development and smooth connectivity, the central government has given their approval for the expansion of three airports in Jammu and Kashmir. The government has sanctioned Rs 1000 crore for the same and the work is likely to be completed by 2022. According to Govt. officials, the move will help […]
Continue ReadingIn a recent development, leading business conglomerate Tata Group along with Singapore based sovereign wealth fund GIC Ltd and Hong Kong based asset management firm SSG Capital has announced to co-invest in GMR Infrastructure Ltd’s airport business. The three will together invest Rs 8000 crore in the ratio of 44:33:22. According to GMR Infrastructure, out […]
Continue ReadingThe Maharashtra Chief Minister Devendra Fadnavis has recently announced that the proposed Navi Mumbai Airport will start serving passengers by early or mid-2020. The announcement has been made in a global aviation summit held in Mumbai. Earlier the deadline for the airport was 2019 but it misses due to many constraints. The foundation stone for […]
Continue ReadingAs a part of plans to improve airport infrastructure of the country, the government has approved a proposal, to build new terminals at three airports of Chennai, Guwahati, and Lucknow at a total cost of Rs 5,082 crores. In a meeting which held on May 2, the Cabinet Committee on Economic Affairs (CCEA) chaired […]
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