A significant investment is set to bolster airport infrastructure. The funds will be used to support expansion and modernization efforts. A large amount of primary equity capital, equivalent to $1 billion, has been secured from global investors.
This investment values the airport holdings company at a substantial pre-money equity valuation. The company plans to increase its capacity to handle a large number of passengers annually.
Further details about the investment and expansion plans are available, including the identities of the investors and the company's growth strategy.
Mumbai: Larsen & Toubro (L&T) has secured a large offshore order from Oil and Natural Gas Corporation (ONGC) for developing energy infrastructure off India’s west coast. L&T did not disclose the exact contract value. However, the company classifies a “large” order as one valued b...
Bollywood veteran actor Amitabh Bachchan has been hosting Kaun Banega Crorepati (KBC) for decades. The actor recently opened up on his Tumblr about how difficult it can be to sit in the host’s chair and listen to the “grave” personal stories of contestants. Amitabh described the ...
New Delhi: India should use the upcoming 18th BRICS Summit to convert its growing engagement with the Global South into stronger exports, investment, technology partnerships and resilient supply chains, the Federation of Indian Export Organisations (FIEO) said on Wednesday. The B...
New Delhi: The Insurance Regulatory and Development Authority of India (IRDAI) has warned policyholders about a fraudulent website allegedly impersonating its official insurance grievance redressal platform, Bima Bharosa. In a public notice, the regulator identified “igmsirdai.on...
A technical failure in the UK’s air traffic control system disrupted flight operations across Britain on Tuesday, September 8, forcing airlines to cancel, delay and divert services at several major airports. The disruption affected airports including Heathrow, Gatwick, Manchester...
Mumbai: Raymond Limited shares surged more than 8% on Tuesday to touch a lifetime high of ₹847.30, as its growing aerospace and defence businesses drew investor attention following the company's restructuring. The Raymond share price broke past its previous adjusted record high o...
The countdown to Ganesh Chaturthi 2026 has entered its final days, and Mumbai is already buzzing with Bappa celebrations. While several prominent Ganpati mandals have completed their Aagman Sohlas over the past few weeks, one of the city's most awaited reveals is still under wrap...
Apple is set to unveil its first foldable iPhone tonight at 10:30pm IST, alongside the iPhone 18 Pro and iPhone 18 Pro Max. But while the device will be officially announced today, with its specs and design revealed, Indian and many other secondary market buyer may have to wait c...
The US Department of Labor has suspended Cognizant’s permanent labour certification (PERM) filings as the Trump administration steps up its investigation into alleged fraud involving employment-based visa programmes. The action makes Cognizant one of the latest companies to come ...
Mumbai: Amruta Fadnavis, wife of Maharashtra Chief Minister Devendra Fadnavis, has backed an inclusive approach to religious celebrations, saying she sees nothing wrong with Muslims attending Navratri festivities, amid a growing controversy over restrictions on their entry at gar...
Ahead of the Ganeshotsav festivities, Malad corporators rallied against the BMC regarding pressing water supply issues. Residents have raised concerns over low water pressure and contamination, prompting elected officials to demand urgent interventions. The protest also brought t...
