Category: Aviation & Airports

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PSA consortium highest bidder at JNPT

PSA consortium highest bidder at JNPT

A consortium led by PSA International, the world's second biggest container port operator, has emerged the highest bidder to build India's largest container terminal yet, by capacity and cost, at the Jawaharlal Nehru Port (JNPT).

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Govt allows FDI FOR GMR

Govt allows FDI FOR GMR

The Cabinet Committee on Economic Affairs has cleared GMR Airports Holdings' proposal to raise further foreign investment of $200 million from Mauritius-based entities.

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NE to be better connected

NE to be better connected

The Ministry of Civil Aviation will introduce more flights to the Lilabari and Tezpur Airports in Assam, which are within the vicinity of Itanagar, the state capital of Arunachal Pradesh.

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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.