Adanis close to acquiring GVK's 51% in Mumbai International Airport
By MYBRANDBOOK
The tussle between Adani Group and GVK Group over management of Mumbai airport appears to be heading in direction of a decision with the previous proposing to amass a majority stake in Mumbai Worldwide Airport (MIAL). Adani Group may purchase a controlling 51 per cent stake within the airport, which will result in GVK exiting the distinguished Mumbai airport enterprise.
The tussle between Adani Group and GVK Group over control of Mumbai airport seems to be heading towards a resolution with the former proposing to acquire a majority stake in Mumbai International Airport (MIAL).
GVK Airport Holdings owns 50.5 per cent in MIAL. Airport Firm South Africa (ACSA) owns 10 per cent and one other South African firm, Bidvest, owns 13.5 per cent.
Adani Group had earlier provided to purchase the stake held by the 2 South African corporations. It might put the supply again on the desk if the take care of GVK is finalised, supply mentioned.
Singapore to remove One-Time Passwords from Bank Accounts
According to the Monetary Authority of Singapore, clients who utilise secur...
Is 375 million Airtel subscribers database breached?
When a hacker claims to have accessed and put up for sale a customer databa...
The government of India intends to construct a single portal f
A single portal will be launched by the Indian government to list all of it...
OpenAI offers GPT-4o, a faster model available to all users at
GPT-4o, a faster and more sophisticated AI model, is made available to all...
Icons Of India : NATARAJAN CHANDRASEKARAN
Natarajan Chandrasekaran (Chandra) is the Chairman of Tata Sons, the h...
ICONS OF INDIA : RAJESH NAMBIAR
Rajesh leads the company’s India associates and enhances relationshi...
Icons Of India : NANDAN NILEKANI
Nandan Nilekani is the Co-Founder and Chairman of Infosys Technologies...
DRDO - Defence Research and Development Organisation
DRDO responsible for the development of technology for use by the mili...
TCIL - Telecommunications Consultants India Limited
TCIL is a government-owned engineering and consultancy company...
NSE - National Stock Exchange
NSE is the leading stock exchange in India....
Indian Tech Talent Excelling The Tech World - ANJALI SUD, CEO – Tubi
Anjali Sud, the former CEO of Vimeo, now leads Tubi, Fox Corporation...
Indian Tech Talent Excelling The Tech World - JAYASHREE ULLAL, President and CEO - Arista Network
Jayshree V. Ullal is a British-American billionaire businesswoman, ser...
Indian Tech Talent Excelling The Tech World - Vinod Dham, Founder & Executive Managing Partner, IndoUS Venture Partners
Vinod Dham, known as the “Father of the Pentium Chip,” has left an...