The Adani Group might be a late entrant in the airports space but its plans are by no means modest; the bulk of the group’s Rs. Media Release. More From TOI. The Adani Group on Tuesday signed concession agreements with the Airports Authority of India for the management, operations and development of Guwahati, Jaipur … 26,000 crore of … The operations, management and development of SVPI airport will now be handled by Adani for a period of 50 years. Adani Airports is a subsidiary of Adani Enterprises, the flagship company of the Adani Group. MUMBAI: Barely four months after joining the Adani Group's newly formed airport business, its CEO Sidharath Kapur has resigned, said a person in the know. New Delhi: The ports-to-edible oil Adani Group has emerged the winner in the privatisation of five out of six airports put up by the government, outbidding a slew of national and international competitors including GMR, AMP Capital and the National Investment and Infrastructure Fund (NIIF). The resignation comes as the group is awaiting cabinet approval for three airport projects it had bid for and won. ... More Latest News. BOTH THE FINANCE Ministry and Niti Aayog had put on record objections regarding the 2019 airport bidding process, which were over-ruled, clearing the way for a clean sweep of six airports by the Ahmedabad-based Adani Group, records accessed by The Indian Express show.. Kapur had joined in the second half of April. Employees of the International airport here raised slogans and protested in front of the office of the Director on Tuesday against the takeover of the airport by the Adani Group. The Ahmedabad-based group won the right to upgrade and operate the airports of … Besides, Adani Airports had won the contract to manage the … In fact, Adani Airports is simply involved in managing the operations of the Ahmedabad Airport, just like the GMR Group, an infrastructure behemoth, manages the operations of the Indira Gandhi Airport in Delhi. This assumes significance given that on August 31 last year, the Adani Group signed another deal to acquire a … Ahmedabad, Jan 18: Three Adani airports – Ahmedabad, Mangaluru and Lucknow were accredited in the Airports Council International (ACI) Airport Health Accreditation programme. This latest move catapults Adani Enterprises into the major league, pitting it against GMR Infrastructure Ltd. , which controls the international airport in New … The global recognition demonstrates extraordinary proactive measures put in place by these airports to ensure passenger safety. Related News Covid 19 Vaccination in India LIVE: World's biggest vaccine drive enters day … Earlier, Newsclick had reported on how the Narendra Modi-led government bypassed norms to allow the Adani Group to gain entry into the airport business. Together with 50.50 per cent stake of GVK, Adani's total holding in Mumbai airport will be 74 per cent after completion of the transaction.

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