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Govt to sell remaining stake in Delhi, Mumbai, Bangalore, Hyderabad airports

Updated Mar 14, 2021 | 12:09 IST For the 13 AAI airports identified for privatisation, the possibility of clubbing of profitable and non-profitable airports will be explored to make more attractive packages, sources said Govt to sell remaining stake in Delhi, Mumbai, Bangalore, Hyderabad airports  New Delhi: The government plans to sell its residual stake in already privatised Delhi, Mumbai, Bengaluru and Hyderabad airports as part of the ambitious Rs 2.5 lakh crore asset monetisation pipeline identified to raise additional resources, sources said. Sale of Airport Authority of India s (AAI) remaining stake in the four airports as also 13 more airports have been identified for privatisation in 2021-22 fiscal, two people aware of deliberations at Empowered Committee of Secretaries last month said.

International survey names RGIA best airport

ASQ is an international airport passenger service that measures passenger satisfaction.  Share Via Email   |  A+A A- By Express News Service HYDERABAD: Rajiv Gandhi International Airport (RGIA) was named the ‘Best Airport by Size and Region’ in the Asia-Pacific region for 2020 in the category of 15-25 Million Passengers Per Annum by the Airports Council International’s annual Airport Service Quality (ASQ) survey.  ASQ is an international airport passenger service that measures passenger satisfaction.  Rajiv Gandhi International Airport Pradeep Panicker, CEO of GMR Hyderabad International Airport Ltd (GHIAL), said, “We feel honoured that our passengers have chosen us as the Best Airport.

India Inc raised $3 73 b via ECB route in January - The Hindu BusinessLine

India Inc raised $3.73 b via ECB route in January March 02, 2021 × India Inc raised $3.7316 billion via external commercial borrowings (ECBs) under the automatic route in January 2021, about 26 per cent higher than what was raised in the preceding month. In December 2020, Indian companies collectively mopped up $2.9671 billion through ECB route. External Commercial Borrowings are commercial loans raised by eligible resident entities from recognised non-resident entities and should conform to parameters such as minimum maturity, permitted and non-permitted end-uses, and maximum all-in-cost ceiling. The growth in borrowing via ECBs comes in the backdrop of non-food bank credit growth slowing to 5.7 per cent on year-on-year (y-o-y) basis in January 2021 compared to 8.5 per cent in January 2020.

GHIAL bags best airport award in Asia-Pacific region for 2020

GHIAL bags best airport award in Asia-Pacific region for 2020 Greenfield airport developed under the PPP model, Hyderabad Airport has consistently raised the bar in terms of service and operational excellence Monday March 1, 2021 6:40 PM, IANS Hyderabad: GMR Hyderabad International Airport Ltd (GHIAL) has bagged Airports Council International (ACI) Airport Service Quality (ASQ) award for 2020. Hyderabad Airport has been adjudged as the Best Airport by Size and Region in Asia-Pacific region for 2020, in its category of 15-25 Million Passengers Per Annum (MPPA). About Airport Service Quality (ASQ) ASQ is the world s leading airport passenger service and benchmarking programme measuring passengers satisfaction while they are travelling through an airport, GHIAL said in a statement on Monday.

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