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FLUGHAFEN ZURICH AG LTD
Jewar airport achieves financial closure; raises Rs 3725 crore as debt from SBI“YIAPL has raised Rs 3,725 crore in debt from the State Bank of India (SBI) to be repaid over a period of 20 year with one-year moratorium ...- Zurich airport signs shareholder agreement with NIAL for development of Noida airportArun Vir Singh, CEO, Noida International Airport Limited (NIAL), and Christoph Schnellmann, CEO, Yamuna International Airport Pvt Ltd (YIAP...
- Yamuna body secures Rs 3,725 crore loan from SBI for development of airport in JewarYIAPL is a 100 per cent subsidiary of Zurich Airport International and has been incorporated to develop the airport in Jewar, which is arou...
- Zurich Airports win bid to build, operate Jewar airport for 40 yearsSources said that the company defeated all the other three bidders by far by offering a revenue share of Rs 400.97 per passenger to the aut...
- Zurich AG outbids Adani, Dial for Jewar airportZurich AG (FZ) said, "it will be back" while exiting Bengaluru airport (KIA), where it had 17% stake, in early 2017. True to its word, it i...
- Karnataka Minister seeks to block GVK Group's stake sale in Bengaluru airport to FairfaxWhile seeking the CM's intervention to "put on hold" the GVK Group's proposal to sell its balance equity, Shivakumar urged govt to get cont...
- GVK exits BIAL with 10 per cent sale to Fairfax India for Rs 1,290 croreOn March 24, GVK had sold 33% in the airport to Fairfax, the Indian unit of billionaire Prem Watsa's investment company, for Rs 2,202 crore.
- Fairfax completes 38% stake purchase in Bangalore AirportFairfax now holds 38% in the Bangalore airport, it said in a separate statement from its headquarters in Toronto.
- 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.
- 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”.
- 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...
- 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.
- 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...
- GVK Power up over 6% as company to sell stake in Bangalore AirportThe transaction, expected to be completed by mid-2016, would also help the diversified entity save around Rs 300 crore annually on interest...
- GVK to sell stake in Bangalore Airport for Rs 2,149 croreGVK Power and Infrastructure will sell 33 per cent of total stake in Bangalore International Airport Ltd to Fairfax India for Rs 2,149 cror...
- 8 companies including GVK Group, Adani Ports keen on airport modernisation planEight firms, including GMR, GVK and Adani Ports, have shown interest in the plan to modernise Kolkata, Chennai, Ahmedabad and Jaipur airpor...
- MoEF recommends EC for 2nd stage expansion of Bangalore airportMoEF has recommended Environment Clearance (EC) for the second stage expansion of international airport in Bangalore, being developed by a ...
- GVK Group may sell part of its Bangalore airport stakeGVK Group, the majority shareholder in both Mumbai and Bangalore airports, is planning to sell a part of its 43% stake in Bangalore Airport.
- $360 mn venture: 3 Indian cos to bid for Male airportTwo leading private airport operators and the Anil Dhirubhai Ambani Group (ADAG), that has been keen to be a big player in airport developm...
- Stocks to watch: Reliance Industries, BIAL, WiproThe Indian stock market is seen extending earlier day's recovery on Friday with global markets showing a positive streak.
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