Adani Group To Take Over Ahmedabad Airport Operations From Midnight: AAI
The AAI on Friday completed the procedure to hand over the SVPI Airport, Ahmedabad (Gujarat), to the private player
Topics
Adani Group | Ahmedabad Airport | AAI
Ahmedabad airport. Photo courtesy: Wikimedia Commons
Adani Group will take over the operations of Sardar Vallabhbhai Patel International Airport here from midnight, Airports Authority of India said on Friday.
The AAI on Friday completed the procedure to hand over the SVPI Airport, Ahmedabad (Gujarat), to the private player.
In a tweet, SVPI Airport said the ceremony to hand over the key of the airport will be held at midnight tonight.
The official twitter handle of APD (Airport Director) of Ahmedabad Airport also shared photos of AAI and Adani Group officials signing documents.
"Airports Authority of India has completed handing over procedure of SVPI Airport to Adani Ahmedabad International Airport Ltd (AAIAL). At midnight tonight, the ceremonial Handing Over of the Key to AAIAL will mark the new chapter for Ahmedabad Airport," the airport said in the tweet.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
First Published: Fri, November 06 2020. 23:52 IST
Citigroups Fat-Finger Error: Lessons In Financial Oversight
The financial world was taken aback when Citigroup, one of the largest global banks, was fined £62 million by UK regula... Read more
Titi Coles Legacy In Finance: Pioneering Diversity And Leadership
Titi Cole, one of the most senior Black women in the world of finance, recently exited her high-profile role at Citi. He... Read more
Rising Rates, Rising Challenges: Bankers Adapt To Serve Troubled Companies In A Changing Economic Landscape
As interest rates climb, troubled companies are facing heightened financial pressures, prompting them to seek assistance... Read more
The Elusive Nature Of Fraud Detection: Exploring The Auditor's Dilemma
In the intricate world of financial reporting, auditors serve as guardians of integrity, tasked with uncovering discrepa... Read more
The Battle For Depositors: US Lenders Ramp Up Efforts Amidst Rate Uncertainty
In the competitive landscape of the US banking sector, retaining depositors is paramount for lenders seeking to maintain... Read more
Beyond Capital: Unveiling The Complexities Of Bank Failure Prediction
In the realm of banking, the ability to predict and prevent failures is paramount for financial stability and consumer c... Read more