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Why are private consortia of Delhi and Mumbai airports averse to CAG audit?
Sindhub •Operators of both airports also argue that the Airports Authority of India, which is seeking an audit by the CAG,has not made known any doubts nor sought any clarifications from the board of directors of either airport
Yet another Adani controversy: Co suspends 2 key contractors on biggest Aus coal project
Fp Archives •Adani Group’s 16.5 billion dollar coal mine project in Australia has hit another controversy after reports that the Indian mining giant suspended two major contractors, raising fresh speculation over funding even as the company blamed the move on delay in government approvals.
Will address employee concerns before PPP development of airports: AAI chairman
Sindhu •According to officials of the Ministry of Civil Aviation, eight-nine private developers may come forward for placing bids.
Adani's coal port expansion in Aus: Approval process rebooted to preserve Great Barrier Reef
Fp Archives •An alternative land dumping proposal near wetlands was rejected by the new Labor government. Instead it has approved plans to dump the dredge spoil at the port itself, on a site slated for another coal terminal that has been shelved.
Major relief for Adani and GVK: Australia okays new dumping site for Abbot Point dredge
Fp Archives •Minister Anthony Lynham said his government would do everything it could, short of providing funding, to promote the Galilee Basin projects
Move to privatise 4 airports catches eye of GVK, GMR, Adani, but they want easier norms
Fp Staff •The Government's move to privatise airports at Jaipur, Ahmedabad, Kolkata and Chennai has generated interest among some well known developers even as protests from Airports Authority of India employees gather steam.
Coal Block Auction: Vedanta bid for 14 blocks; Birla, Adani, Jindal also in fray
Fp Archives •Mining baron Anil Agarwal-led Vedanta Group has bid for the most number of 14 coal mines out of 23 on offer in the first round of auction which also have aggressive bids by Aditya Birla Group, Adani and Naveen Jindal group, but was shunned by foreign players.
GVK leases out Mumbai airport's land parcel for Rs 580 cr to Oasis Realty
Fp Archives •This transaction is part of the process of overall commercial development of 22 million square feet of the airport in phases over a period of ten years.
India lifts ban on A380, but global airlines unlikely to bite the bait now
Sindhub •India today allowed operation of the world's largest aircraft, Airbus 380, at four of its airports but imposed several conditions before global airlines can fly in the big birds. But global airlines are unlikely to rush in. Till now, the Government has been resisting A380 landings into the country.
Debt, gas problems knock stuffing out of GVK
Fp Archives •GVK's problems are compounded by debt taken in more bullish times to increase its stake in Mumbai and Bangalore airports.