Parliament's Monsoon Session: Opposition to oppose four legislations that 'take away rights of states', says Jairam Ramesh
The legislation will be brought in to replace four ordinances — three related to the farm sector and the amendment to the Banking Regulation Act
The move was announced a day after Kerala CM Pinarayi Vijayan demanded withdrawal of the Union cabinet decision to lease out Thiruvananthapuram airport to the Adani group
Adani Airports Ltd is incorporated in India and registered with the Registrar of Companies at Ahmedabad in Gujarat on 2 August.
Adani Group wins bid to operate six airports: Why Gautam Adani will continue to consolidate hold on logistics sector
For Adani anything that has to do with logistics is of immense interest. Airports represent not merely passengers. They represent cargo as well.
Govt to allow 100% privatisation of six airports in terms of operation, development and management; will offer 50-year lease
The government is mulling to offer a 50-year lease for these airports and has said that the turnover and net worth of the bidders will be the key criteria
So as per the new scheme of things, AAI will not divest any equity in any of these four projects.