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MIAL INFRASTRUCTURE UPGRADES
Mumbai airport rejects IATA claim on slot cuts, halt in cargo flightsMumbai Airport refutes IATA's claim that halting cargo flights and cutting passenger slots aims to push airlines to Navi Mumbai Airport. MI...
MIAL case: CBI court sets aside summoning order against 58 accusedAdvocate Vijay Aggarwal appearing for the MIAL and its officials and directors argued that the summoning order was passed in a mechanical m...
Mumbai Airport scam: PMLA court grants bail to ex-MIAL MD GV Sanjay ReddyThe court here today took cognisance of the prosecution complaint (PC) filed by the Enforcement Directorate (ED) against 21 including accus...
Mumbai Airport money laundering scam: ED carries out searches in Mumbai & HyderabadIn June, the CBI had booked the promoters of Hyderabad-based leading infrastructure conglomerate, the GVK group and the Mumbai Internationa...
Mumbai airport development scam: ED registers money laundering caseAccording to the CBI FIR , the promoters of GVK group in connivance with unknown officials from Airport Authority of India (AAI) adopted va...
CBI registers FIR against promoters of GVK Group, MIALThe promoters of GVK group allegedly misused reserve funds of MIAL to the tune of Rs 395 crore to finance their group companies, the CBI ha...
GVK should prove ability to buy stake, Bidvest tells courtThe debt-laden GVK is seeking to stave off a possible challenge for control after reports that Adani Group had also sought to acquire Bidve...
AAI now wants its branding on Delhi Airport wallsAfter getting its branding both inside and outside Delhi airport terminal, the AAI now wants its logo over the airport's boundary walls too.
CAG report on Mumbai airport: Officials make submissions to PAC"The PAC viewed that there is a need to formulate a clear- cut policy on how to carry out the PPP model in view of the recurring complaints...
- JP Morgan upgrades GVK Power to ‘overweight’; sees sharp price upmove
JP Morgan has upgraded GVK Power & Infrastructure from ‘neutral’ rating to ‘overweight’ and increased the target price to 19 from Rs 12 ear...
- GVK buys 13.5% more in Mumbai International Airport
The transaction, formalised on Tuesday and subject to regulatory approvals, values MIAL at $1.7 billion. BSDM is a subsidiary of South Afri...
- Ground reality: Delhi and Mumbai airports up on upgradation
It’s been around two years since GMR and GVK were handed over Delhi and Mumbai airports for their upgradation.
- L&T close to bag Rs 5k-cr city airport revamp deal
Engineering and Construction major Larsen & Toubro (L&T) has bagged the master contract for the redevelopment of the Mumbai airport, the la...
Indian skies set for new highsIndian sky is expected to be one of the hottest spots for investors as the country is expecting over $150-billion investment in the sector ...
- MIAL to invest Rs 6000 cr for Mumbai airport facelift
Mumbai International Airport (MIAL), joint venture of GVK Industries and Airports Authority of India (AAI) has proposed to invest Rs 6,000 ...
- Trade unhappy with govt plan to reduce air cargo free time
The reduction will help in reducing congestion and upgrade the airports, believe officials.
- MIAL makes first set of job offers to AAI staff
Mumbai International Airport Pvt Ltd (MIAL) on Tuesday made its first set of job offers to employees of the Airports Authority of India (AA...