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Adani Group acquires 23.5% stake in Mumbai International Airport

Mumbai: Adani Group’s flagship holding company Adani Airport Holdings Ltd (AAHL) has acquired 23.5 per cent stake in the Mumbai International Airport Ltd (MIAL) from ACSA Global Ltd (ACSA) and Bid Services Division (Mauritius) Ltd (Bidvest) for Rs 1,685.25 crore. In a regulatory filing, Adani Enterprises said that AAHL has acquired 28.20 crore equity shares of […]

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Runway closure hits 120 flights in Mumbai

Mumbai :  Some 120 flights were cancelled and many more rescheduled due to a two-day closure of the Mumbai International Airport runway starting from Monday. An official said the planned closure was necessitated “on account of pre-monsoon maintenance activities” and requested all passengers to contact their respective airlines for revised travel schedules. Though airport officials […]