Second runway & more; that's what Watsa funds can do to BIALFairfax's entry does not mean infusion of any fresh funds as equity into airport development, officials clarified.
18 Jan, 2017, 11.37 AM IST
Watsa's Bangalore International Airport investment plan gets government nodA GVK spokesman confirmed the development and said this will pave the way for the deal “to be concluded very soon”.
17 Jan, 2017, 11.17 AM IST
Prem Watsa's BIAL investment on PM Narendra Modi's tableIndian-origin Prem Watsa's investment is stuck with the Ministry of Civil Aviation awaiting security clearance, and the delay is holding up...
05 Jan, 2017, 01.32 PM IST
Bangalore International Airport: State seeks security nodThe state had declined an opinion in the past, but has now chosen to advise the MoCA to communicate the MHA nod to BIAL.
03 Jan, 2017, 11.02 AM IST
Prem Watsa's BIAL stake buy still stuck at security clearanceKarnataka has declined to get involved in the process of granting security clearance for the transaction after the Ministry of Civil Aviati...
14 Nov, 2016, 11.18 AM IST
AERA turns down GVK proposal to hike UDF at Bengaluru airportThe AERA has turned down BIAL's proposal to increase UDF by 239% for domestic and 79% for international departing passengers from the airpo...
03 Jul, 2013, 10.55 AM IST
- GVK Power and Infrastructure buys BIAL stake for Rs 614 crore, threat from Changi & Tatas forces co to pay premium for Siemens' 14%
GVK, which was given time till Aug 20 to exercise its right to buy Siemens shares, said it had agreed to ttransaction for Rs 614 cr.
23 Aug, 2011, 08.51 AM IST
- Rift widens, Siemens may not sell BIAL stake to GVK
Hyderabad-based power and infrastructure company GVK's plan to run Bangalore International Airport Ltd as the single largest shareholder ha...
15 Jul, 2011, 04.18 AM IST
- GVK eyes management control of B’lore airport
The GVK group is likely to take management control of the Bangalore International Airport (BIAL), five months after buying L&T and Zurich A...
02 Mar, 2010, 12.00 AM IST
- GVK buys L&T's 17% stake in BIAL for Rs 686 crore
GVK Power & Infrastructure has increased its stake in BIAL by acquiring 17% stake of L&T Infrastructure Development Projects for Rs 686 cro...
07 Dec, 2009, 01.38 AM IST
- Zurich Airport to sell 12% in BIAL for $96 m
Bangalore International Airport operator Zurich Airport is divesting 12% stake in greenfield venture for $96 million.
07 Oct, 2009, 01.39 AM IST
- BIAL to raise $200 mn, eyes valuation of $2-2.5 bn
The operator of the newly-opened Bengaluru International Airport is seeking a valuation of up to $2.5 billion to raise about $200 million i...
26 Jun, 2008, 02.06 AM IST
- HAL airport may fly at low altitude
Responding to popular sentiment and Karnataka High Court’s suggestion to consider the possibility of keeping the HAL airport in Bangalore o...
30 Apr, 2008, 02.31 AM IST
- BIAL may get relief on special entry tax
Trail operations are expected to commence at the country’s first private sector greenfield Bangalore international airport coming up at Dev...
31 Jan, 2007, 05.00 PM IST
- It’s halfway for BIAL
BIAL is also ramping up its headcount. Mr Brunner said, “With four private airports in India the task of finding people is becoming difficu...
22 Dec, 2006, 03.26 AM IST
- Multi-brand MNC outlets at airports under watch
The plans of multinationals like the Nuance Group, the DFS Group, Alpha Airports Group, Dufry Group and Gebr Heinemann to set up retail fac...
29 Sep, 2006, 02.56 AM IST
- Retail MNCs rush to run outlets at new B'lore airport
A large number of multinationals like the Nuance Group, the DFS Group, Alpha Airports Group, Dufry Group and Gebr Heinemann have lined up t...
15 Sep, 2006, 02.51 AM IST