GMR Airports to acquire 10% stake in Delhi International Airport at estimated $126 millionGMR Airports Infrastructure will acquire a 10% stake in Delhi International Airport Limited (DIAL) from Fraport AG for $126 million. GMR, w...
GMR Airports to acquire 10% stake in Delhi Airport from FraportGMR Airports Infrastructure Limited has signed a Share Purchase Agreement with Fraport AG to acquire its 10 per cent stake in Delhi Interna...
DIAL plans to tap overseas, domestic debt marketsAs of now, the GMR Group has not finalised the date for the bond issue. It is in the preliminary stages of discussions with bankers, includ...
Delhi Airport raises Rs 1K-cr debt from Barclays, NIIF Fund, Aditya Birla FinanceThe trio invested in five-year bonds of the GMR Group-promoted company wherein 9.52% coupon would be paid for the first three years and 9.9...
Fraport makes fresh attempt to exit Delhi Airport consortiumFraport has also approached the state-run National Investment and Infrastructure Fund (NIIF) to buy its stake. NIIF, along with Gulf sovere...
IGI Airport's Twitter account hackedThe incident happened at 11 am when a derogatory message was posted. The post was removed within 10 minutes. An internal inquiry has also b...
Updated plan aims 109 million passenger capacity at Delhi airport: GovtThe Indira Gandhi International Airport (IGIA) is operated by Delhi International Airport Ltd (DIAL) -- a joint venture between GMR, AAI an...
PAC seeks details of DIAL's revenueDelhi International Airport Ltd (DIAL) is a joint venture in which GMR group holds 64 per cent while Airports Authority of India (AAI) has ...
Flying from IGI Airport gets cheaperFlying out of IGI Airport here has got cheaper from today with the discontinuation of the development fee being charged from each passenger...
Fraport looks to exit Delhi International Airport ventureGermany's Fraport is looking to sell its entire stake in DIAL, a joint venture that operates the Indira Gandhi International Airport in the...
GMR inks pact to sell entire 40% stake in Istanbul Airport JV for Rs 2,500 croreMalaysia Airports Holdings owns 20% in the Istanbul Airport while Limak Holdings has 40% stake. Both hold rights of refusal over GMR’s hold...
- GMR Group not in talks to buy out Fraport stake in DIAL
GMR Group is majority stakeholder in the consortium, DIAL, while Fraport holds 10 per cent.
Faith lost in UPA-II, Fraport AG may sell 10% stake in Delhi airportFraport AG has decided to shut its India ops this month, signalling its lack of confidence in govt's ability to push ahead with infrastruct...
- Delhi, Mumbai airports bag global awards
The international airports here and at New Delhi have secured global rankings at the Airport Council International's airport service qualit...
- Delhi airport: Rs.1,199 crore in development fee
Delhi International Airport Limited (DIAL) which operates the Indira Gandhi International Airport here has collected Rs.1,199 crore in deve...
- Fraport 2Q net profit up 3 pc to euro69 million
Airport operator Fraport AG's second quarter net profit rose 3.3% and that it would maintain its 2008 outlook.
- Era in talks with global players to enter airport upgrade biz
Infrastructure player Era Group is talking to international companies to form a consortium to foray into airport construction and modernisa...