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Thursday, October 31, 2024
TopicAdani airports

Topic: Adani airports

Kenyan court halts proposed 30-year Adani lease of country’s main airport

Kenya's Bar Association and Human Rights Commission oppose Adani lease for Jomo Kenyatta Airport expansion, arguing the country can independently raise funds for the project.

Indian airports currently lag behind global ones in a key revenue stream, but change is in the air

India’s major airports earned average of $4.3/customer in 2023-24 from non-aeronautical sources, much lesser than $7.2-15.9 of global ones, according to rating agency ICRA.

Adani Airports to bid for more airports in India, says CEO Arun Bansal

India is expected to privatise about a dozen more airports over the next few years and Bansal said the group would participate in the bidding.

India’s green energy firms join hands to develop carbon credit market

Adani Greens, EKI Energy Services and Hero Future Energies are some of the names that will aim to act as mediator between govt and industry and facilitate trade of carbon credits.

Flights from showpiece Navi Mumbai airport to take off by 2024, developer assures in writing

Navi Mumbai International Airport Ltd achieved a 'major milestone' two months ago, giving authorities confidence to complete much-delayed project by December 2024.

Gautam Adani seeks to raise $1 billion in bonds to refinance Mumbai Airport debt

Barclays, JPMorgan and Deutsche Bank are among banks arranging the bond sale to raise the funds. The proceeds will be used to refinance a rupee loan taken earlier this year.

Adani Group takes over operations, management of Thiruvananthapuram airport

Both LDF & UDF have been protesting against handing over it to private players. Kerala Assembly had even unanimously passed a resolution last year against the airport's privatization.

Adani Ports won’t handle cargo from Iran, Pakistan, Afghanistan after Mundra drug haul

Company says it’ll stop import and export of containers to and from these 3 countries from 15 November. Last month, heroin worth Rs 21,000 crore was seized at Mundra port.

Adani Group takes over operations, management of Guwahati airport

In 2018, the Centre included Guwahati airport among 6 other names which were set for privatisation for a period of 50 years. Adani Group had won the bid for all the airports.

Adani Group seals deal to develop Western Container Terminal at Colombo Port

Adani Group, the first-ever Indian port operator in Sri Lanka, will have a 51% stake & has signed agreement with local partner John Keells Holdings & the SLPA to build the terminal.

On Camera

Iran’s real fantasy is to take over Muslim world. Palestine is just a façade

Since 1979, Iran has used the Palestinian issue as a façade for its regional agenda to oppose American diplomacy, the Western world, and the existence of Israel.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

All about Major Bob Khathing, whose daring expedition & diplomatic parleys secured Tawang for India

The decorated Naga officer from Manipur also served as envoy to Myanmar & Nagaland chief secy. Defence Minister Rajnath Singh inaugurated a museum dedicated to the Tawang hero Thursday.

From 2004 to 2024, bad news has come wrapped as good news for Congress

Congress is silently acknowledging it over-read verdict of last general election. You can see it in easy concession to SP. It will likely be more reasonable in Maharashtra & Jharkhand.