The other areas of investment for the company in India includes metro train projects, high speed and semi-high speed train corridors, dedicated freight corridors, rural water projects and healthcare sector

As debt-laden distressed companies fall by the wayside, some cash-rich large companies are practically monopolising their sectors

Fitch has downgraded Delhi Airport because of the sharp drop in footfall on the back of pandemic-induced travel restrictions, weaker earnings, and net debt-EBITDAR ratio increasing to 10

The MoU was signed in the backdrop of the city becoming a hub for COVID-19 vaccine and other antidotes with several vaccine manufacturers having their bases here

Airports at Delhi and Hyderabad said that their cargo systems are ready to transport COVID-19 vaccines when they arrive

India Inc. must brace up for large-scale ratings downgrade, defaults and assets sale

According to a company agreement, AAHL will acquire the debt of GVK ADL from its airport lenders. It will offer a stand-still to GVK, in addition to the release of the guarantee given by GVK Power and Infrastructure Limited with respect to the debt acquired by it

GMR Infra said the restructuring is a step in the right direction towards creating pure plays in different businesses of the group thereby attracting sector-specific global investors and unlocking value for the current shareholders

In a letter to the government, global investors Abu Dhabi Investment Authority (ADIA) and Canada's Public Sector Pension (PSP) Investments have alleged that proposed deal between GVK and Adani Group is a breach of contractual terms

Adani Enterprises Limited (AEL) is likely to soon acquire a 74 per cent stake in Mumbai International Airport (MIAL)

A slowing economy and widespread stress in India Inc. are creating opportunities for promoters and strategic investors to ink M&As, buy back shares and delist

According to V K Yadav, chairman of the Railway Board, an investment between Rs 5000 crore and Rs 6,642 crore is expected for the New Delhi Railway Station while the CSMT is expected to get Rs 1,642 crore

The Ministry of Civil Aviation (MOCA) had on June 23 said India is considering establishing \"individual bilateral bubbles\" with the US, the UK, Germany and France

With the post-lockdown economy still to pick up, highly leveraged companies are looking at ways to reduce debt

The Union minister also mentioned that when the country would start international civil aviation, \"we must have domestic civil aviation reach a point of maturity\"

The outlook on the ratings for both has been changed to negative from ratings under review, Moody's said

Opening up airspace will help Indian airlines save Rs 1,000 crore, which amounts to nothing when compared to the damage caused by the coronavirus pandemic

Finance Minister Nirmala Sitharaman's reform announcements related to coal, aviation, power sectors will suit these players

The four sectors, which contributed more than 90 per cent to the growth in the investment value, included real estate and infrastructure, telecom, IT and ITES, and BFSI

Sensex, Nifty Live News Today: Kotak Bank, ONGC, Britannia, Shree Cements and Titan were among the top losers today, while Bharti Infratel, Adani Ports, IndusInd Bank, Tech Mahindra and JSW Steel were the top gainers on NSE today.