Category: Aviation & Airports

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GMR Airports gets breather

GMR Airports gets breather

Bangalore-based GMR Group, which has been battling a high debt of around Rs 15,300 crore is all set to raise approximately Rs 645 crore from three private equity (PE) firms.

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Elevated

Elevated

The Board of Directors of Larsen & Toubro (L&T) recently approved the elevation of SN Subrahmanyan as a Whole-time Director, with effect from 1 July.

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Airport maintenance gets iffy

Airport maintenance gets iffy

Commercial activities at regional airports have been delayed as the Planning Commission does not agree with the Airports Authority of India's (AAI) view of keeping the airports' terminal building out of the scope of commercial development.