The country s busiest airport is the largest cargo hub airport of south Asia region, with two integrated cargo terminals having an annual handling capacity of 1. 8 million MT, which is scalable to 2. 3 million MT.
BW Businessworld
Delhi International Airport Handles 100 COVID-19 Relief Flights In Last Month
Delhi International Airport handled 100 COVID-19 relief flights between April 27 and May 25 this year with 1,750 metric tonnes of relief material from over 36 countries. The 100th flight carrying 10 metric tonnes of medical aid from Russia arrived on Tuesday
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GMR group-run Delhi International Airport has handled 100 COVID-19 relief flights in the last one month, which have carried 1,750 metric tonnes (MT) of relief cargo from over 36 international destinations.
During the second wave of the pandemic, the airport ensured efficient and swift handling of medical aid being received from across the world, with active support from its stakeholders, Delhi International Airport Ltd (DIAL) said in a release on Tuesday.
RBI cash, yields draw investors to dollar bonds
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Last Updated: May 06, 2021, 07:49 AM IST
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The RBI will inject 500 billion rupees of liquidity and allow new loan-relief for small businesses, Governor Shaktikanta Das said in surprise statement on Wednesday.
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Indian dollar bonds gained 0.7% in the two weeks to May 5, more than the 0.3% rise in a broader Asian dollar bond gauge, according to Bloomberg Barclays indexes.
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By Rahul Satija
Bargain-hunting investors are increasingly moving into Indian dollar bonds, and central bank support unveiled Wednesday may further that trend even as the nation grapples with a tragic surge in Covid cases.
S&P affirms DIAL B-minus rating, outlook positive ANI | Updated: May 04, 2021 11:08 IST
It said DIAL funds from operations cash interest coverage could recover by fiscal 2023. The view is based on its receipt of long-delayed regulatory approval for commercial property development (CPD), extension of the CPD contract with Bharti Realty Ltd till end-June and passenger traffic recovery.
DIAL now has adequate liquidity following the refinancing of its February 2022 senior secured bonds with a recent notes issuance large enough to fund capital expenditure, and deferral of Airport Authority of India s (AAI) concession fees, said S&P.
On April 28, S&P Global Ratings affirmed its B-minus long-term issuer credit rating on DIAL and long-term issue rating on the company s senior secured notes.