Adani Group to pick 74 per cent stake in Mumbai airport
NEW DELHI:Billionaire Gautam Adani’s Adani Group on Monday said it has reached an agreement to acquire GVK Group’s shareholding and control of Mumbai airport. Adani Airport Holdings has “entered into an agreement to acquire the debt of GVK Airport Developers,” Adani Enterprise said in a regulatory filing. GVK Group holds 50.50 per cent equity stake […]
Mumbai airport stake: Adanis move High Court against GVK bid to stall its deal
NEW DELHI: The Adani Group has dragged the shareholders of the GVK Group-run Mumbai airport (MIAL) and the aviation ministry to the Bombay High Court, seeking a direction to them to allow buying out the minority stake held by South African firm Bidvest in the airport. The South African firm Bid Services Division Mauritius or […]
Naresh Goyal, wife stopped from going abroad at Mumbai airport: Sources
MUMBAI: Former chairman of Jet Airways Naresh Goyal and his wife Anita Goyal were denied permission to travel abroad on Saturday by the immigration authority at Mumbai airport, sources said. The couple was to travel by Dubai-bound Emirates flight EK 507 when the immigration authority denied them permission to fly, they said. The checked in […]