AIRPORT INFRASTRUCTURE
Fund on tourism theme ‘narrow’, may not suit all investor profiles Unleash your high-risk appetite with the new Tata Nifty India Tourism Index Fund! This fund offers a unique opportunity for bold investors to dive into the world of tourism stocks. But beware, experts warn that this fund may not be for the faint-hea...
12 Jul, 2024, 07.47 AM ISTBengaluru second airport: 3 new locations added. Here is the list of 7 sites under review Karnataka plans a second Bengaluru airport by 2033 to handle 100 million passengers. An area of about 4,500-5,000 acres will be needed for the new Bengaluru project and it should have good connectivity from the city. Kempegowda International Airport...
11 Jul, 2024, 07.31 PM ISTSecond international airport needed near Bengaluru; 4,500 acres land required: K'taka minister Karnataka Minister M B Patil emphasized the need for a second international airport near Bengaluru to handle 100 million passengers annually, requiring 4,500-5,000 acres of land. He plans to consult technical experts and move the proposal to the sta...
10 Jul, 2024, 05.10 PM IST- ADVERTISEMENT
Bengaluru second airport: Four potential locations announced by minister Karnataka Infrastructure Minister plans to decide Bengaluru's second airport location based on passenger load and connectivity. Lawmakers lobby for their constituencies. The minister said that the Sarjapur, Kanakapura Road, Tumakuru and Dabaspet are...
10 Jul, 2024, 10.55 AM ISTThese 5 stocks closed crossing above VWAP on July 8 On July 8th, the closing prices of five stocks in the Nifty500 pack surged by more than 1.5% compared to the VWAP. This move above the VWAP indicates a potential bullish trend.
09 Jul, 2024, 09.39 AM ISTBengaluru Airport cargo volumes may rise 20% in FY25 Bengaluru's Kempegowda International Airport anticipates a 20% rise in cargo volume this fiscal, driven by enhanced connectivity and increased demand for perishable goods, according to sources familiar with the matter.
08 Jul, 2024, 12.44 AM ISTPassenger load, proximity to present airport would influence decision on site of second airport in Bengaluru, says Minister MB Patil Industry and Infrastructure Minister MB Patil announced that he will soon hold a meeting with officials to decide on the location for Bengaluru's second civilian airport. The decision will be influenced by passenger load and connectivity to the exis...
07 Jul, 2024, 07.50 PM ISTIndia-Russia joint venture to get to run Mattala airport in Sri Lanka soon: Aviation minister Sri Lanka strategically partners with India and Russia amidst 2022 financial turmoil, entrusting Mattala Airport's management for sustainable growth. The joint venture marks a pivotal step towards economic recovery, reflecting the nation's resilienc...
03 Jul, 2024, 10.25 PM ISTDigi Yatra policy should spell out all rules on passenger info deletion, suggests study A study by NITI Aayog recommends that the Digi Yatra policy clearly outline rules for deleting passenger information post-travel, amid privacy concerns over user data. The policy states that facial biometrics are deleted 24 hours after the passenger...
01 Jul, 2024, 04.49 PM ISTCrumbling roofs are very far from Viksit Delhi airport's infrastructure challenges highlight the urgent need for efficient planning and resource allocation in India by 2024.
28 Jun, 2024, 11.02 PM ISTCriminal negligence responsible for shoddy infrastructure: Congress on Delhi airport roof collapse In addition to highlighting infrastructure failures, Mallikarjun Kharge and Priyanka Gandhi Vadra criticized the Modi government for corruption. They emphasized the need for accountability and questioned the Prime Minister's responsibility in the wa...
28 Jun, 2024, 12.53 PM ISTUS trade body approves funding to develop integrated aviation hub in Hissar The US Trade and Development Agency supports the establishment of an integrated aviation hub at Hisar Airport in Haryana, aiming to strengthen India's supply chain network through enhanced cargo and logistics infrastructure. The agency's collaborati...
26 Jun, 2024, 10.02 AM ISTAdani Airports to chart next decade with $21 billion infusion The business is housed under wholly owned subsidiary Adani Airport Holdings, which currently owns seven operational airports, in Mumbai, Lucknow, Ahmedabad, Jaipur, Guwahati, Thiruvananthapuram and Mangalore. Phase I of city-side development across ...
26 Jun, 2024, 05.31 AM ISTNoida Airport faces six-month delay, likely to be completed by next year The Noida International Airport (NIA) completion has been delayed until at least April 2025, primarily due to slow progress on the terminal building, which faces a shortage of special-grade steel. Initially set to open earlier, this delay impacts th...
25 Jun, 2024, 01.58 PM ISTKarnataka's industries minister MB Patil asks his team to prepare blueprint for Bengaluru's second airport to deal with future growth With Bengaluru’s international airport breaching projections in traffic volumes, the State Government has set the ball rolling on planning a second airport to deal with the future growth. Industry & Infrastructure Minister MB Patil, who chaired a me...
21 Jun, 2024, 06.17 PM ISTChris Wood of Jefferies picks GMR Airports, trims stake in 3 bank stocks Jefferies' Global Head of Equity Strategy Chris Wood has added GMR Airports Infrastructure to India portfolio and reduced stakes in ICICI Bank, HDFC Bank, and Axis Bank.
14 Jun, 2024, 09.48 PM ISTBuy GMR Airports Infrastructure, target price Rs 112: Anand Rathi GMR Airports Infrastructure Ltd., incorporated in the year 1996, is a Mid Cap company (having a market cap of Rs 54401.97 Crore) operating in Infrastructure sector.
13 Jun, 2024, 09.36 AM ISTIndia a big aviation market; good to have stronger Lufthansa-Air India partnership: Star Alliance CEO CEO Theo Panagiotoulias highlights the importance of a strong partnership between Air India and Lufthansa within the Star Alliance to offer a unique value proposition for passengers in the Indian aviation market.
09 Jun, 2024, 12.10 PM ISTAir India ties up with Delhi Metro, DIAL to facilitate check-in for international passengers Air India on Tuesday said it has partnered with Delhi Metro and Delhi airport to facilitate check-in for international air passengers at two metro stations in Delhi. The check-in and baggage drop facility at the Delhi airport allows passengers to ch...
04 Jun, 2024, 02.05 PM ISTGMR Airports Infra to buy stake in WAISL for Rs 57 crore GMR Airports Infrastructure has acquired an 8.4% stake in WAISL, a digital infrastructure services provider at airports, to enhance its airport-related businesses. The company purchased 4,60,000 shares from Utthishta Virat Fund for Rs 56.66 crore, a...
30 Apr, 2024, 03.40 PM IST