English हिन्दी
Connect with us

India News

Adani Group adds one more airport in its portfolio, owns 74% stakes in Mumbai airport

Adani Airport Holdings Limited, a wholly-owned subsidiary of the Adani Group, on Tuesday took over the management of the Mumbai airport from business conglomerate GVK, the company said.

Published

on

Mumbai International Airport (MIAL)

Billionaire Gautam Adani-led Adani Airport Holdings took over the management control of the Mumbai International Airport (MIAL) from the GVK group following a board meeting.

The announcement comes after the Mumbai International Airport Limited’s board meeting held and follows approvals received from the Central government, Maharashtra government as well as the City and Industrial Development Corporation (CIDCO) of Maharashtra.

AAHL now owns 74% of MIAL, which was previously owned by a GVK Group-led consortium. With the addition of Mumbai airport, the Adani Airport Holdings will control the 25% of passenger footfalls and 33% of India’s air cargo and make the group India’s largest airport infrastructure company. The Adanis already have six airports in their portfolio.

In respect of passenger traffic, Chatrapati Shivaji Maharaj International Airport (CSMIA) in Mumbai is the second leading airport in the country.

Chairperson of the group Gautam Adani said that the company’s objective was to reinvent airports as ecosystems that drive local economic development and act as the nuclei around which we can catalyse aviation-linked businesses. Adani said that his group will set up an airport ecosystem of the future and create thousands of new local jobs.

Gujarat-based Adani group had already announced that its subsidiary Adani Airport Holdings Limited will also begin the construction of the Navi Mumbai International Airport next month and complete the financial closure in the next 90 days. This new international airport will be commissioned in 2024, it said.

Earlier in 2019, Adani Aiport Holdings had won the mandate to modernize and operate six airports – Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati and Thiruvananthapuram – for a period of 50 years through a tendering process conducted by the Airports Authority of India (AAI). It was owned to develop next-generation airport-centric ecosystems to catalyse the aviation-linked businesses.

The Adani Group, however, plans to defer the takeover of the airports in Jaipur, Guwahati and Thiruvananthapuram till December, as these assets have currently turned financially unviable due to the Covid pandemic, Mint reported.

In August 2020, Kerala Chief Minister Pinarayi Vijayan had written to Prime Minister Narendra Modi against the Centre’s decision to hand over Thiruvananthapuram airport to the Adani Group.

Read Also: Gandhis meet Prashant Kishor, 2024 plans discussed

In other India News, The Congress’ three Gandhi- Sonia, Priyanka and Rahul held a meeting with poll strategist Prashant Kishor on Tuesday to discuss strategy for the next year’s assembly polls in Uttar Pradesh.

India News

Rajya Sabha Election: Congress wins 3 seats in Karnataka, BJP 1

Karnataka Deputy Chief Minister CM DK Shivakumar said this shows the unity and integrity of Congress. He thanked all the MLAs, party workers and the media. He said he is very happy that all the candidates from Congress won. He thanked all the voters, chief minister and the party workers and the AICC president also.

Published

on

The ruling Congress in Karnataka won three seats and the BJP one in the Rajya Sabha elections in Karnataka on Tuesday. The candidates who were selected to Rajya Sabha are Syed Naseer Hussain, GC Chandrasekhar and Ajay Maken who belong to the Congress, and Narayansa K Bhandage of the BJP.

Karnataka Deputy Chief Minister CM DK Shivakumar said this shows the unity and integrity of Congress. He thanked all the MLAs, party workers and the media. He said he is very happy that all the candidates from Congress won. He thanked all the voters, chief minister and the party workers and the AICC president also. He said he would like to thank Sonia Gandhi, Rahul Gandhi and Mallikarjun Kharge.

Congress candidates Naseer Hussain and former union minster Ajay Maken won with 47 votes, while GC Chandrasekhar secured 45 votes. The BJP won 1 Rajya Sabha seat from Karnataka with candidate Narayansa Bhandage securing 47 votes.

Each Rajya Sabha candidate needed at least 45 votes in the 224-MLA Karnataka Assembly to win a Rajya Sabha seat from the state. With 135 MLAs, the Congress had the exact number to elect its three candidates. The BJP has 66 MLAs, which secured a comfortable win for party worker Narayansa Bhandage.

The Rajya Sabha seats fell vacant following the retirement of 4 members – Union Minister Rajeev Chandrasekhar (BJP) and Congress’s GC Chandrashekhar, Syed Naseer Hussain and L Hanumanthaiah

5 candidates contested for the 4 Rajya Sabha seats in the elections, including JD(S) contestant D Kupendra Reddy. The elections were marred by cross-voting. One of the BJP MLAs, ST Somasekhar voted for the Congress’s Maken, the other, A Shivaram Hebbar, abstained. Leader of Opposition R Ashoka said they would seek action against Somahekhar, and termed the MLA’s decision political suicide. Soon after voting, Somashekhar told the media that he voted as per his conscience.  

Continue Reading

Entertainment

Karan Johar hails Anant Ambani’s Vantara initiative, here’s more about the project

Reliance Industries and Reliance Foundation announced the launch of Vantara on Monday.

Published

on

Karan Johar thanked Anant Ambani for his new initiative, Vantara, on his Instagram post today. KJo discussed the program and the Ambani family’s deep-rooted passion for animals in this post.

Taking to Instagram, the Kuch Kuch Hota Hai-director shared a video and said, with its foundation in a profound love for animals and wildlife in general, Anant Ambani’s Vantara effort only serves to confirm his faith in his compassion and commitment for the cause. Karan Johar also said Anant Ambani never dose anything half-hearted as he gave the world a more heart-ful space.

The Rocky Aur Rani Kii Prem Kahani director said Vantara is not only about saving and caring for animals; it also strives to give them the greatest possible rehabilitation. The Vantara initiative, recently introduced by Reliance Industries and Reliance Foundation, is dedicated to the rescue, medical attention, and rehabilitation of hurt, mistreated, and endangered animals, both domestically and overseas. The filmmaker extended his love and support to the entire Reliance group and also thanked them again for providing a safe space for wildlife.

What is Vantara Initiative?

On Monday, Reliance Industries and Reliance Foundation announced the launch of Vantara, a broad program designed to save, caring for, treat, and rehabilitate wounded abused, and threatened animals both domestically and worldwide.

The project is regarded as the largest animal rescue and rehabilitation center in the world. It was the idea of Anant Ambani,who is on the boards of Reliance Industries and Reliance Foundation.

Located across 3,000 acres, the animal refuge is situated in the Green Belt of Reliance’s Jamnagar Refinery Complex and features a jungle-like environment that mimics the natural, enriching, lush and verdant habitat for the rescued species to thrive in. It is said that more than 2,000 rescued animals have been transported to the facility from all around the world and the country.

Meanwhile, Anant Ambani soon-to-be wife Radhika Merchant is also involved in this initiative.

Continue Reading

India News

Prime Minister Narendra Modi says BJP will win 10 seats or more from Kerala in Lok Sabha elections

The Prime Minister said during the 2019 Lok Sabha elections, Kerala gave a two digit vote share for the BJP but this time the party will win 2 digit seats from Kerala. He added the opposition parties have realised their defeat in the elections of 2024. PM Modi said they have lost their mental balance. He said the opposition parties do not have a roadmap for the country’s development.

Published

on

Prime Minister Narendra Modi said in Thiruvanthpuram on Tuesday that the BJP would win double-digit seats from Kerala in the upcoming Lok Sabha elections. The Prime Minister was addressing a rally of BJP workers to mark the conclusion of a month-long, state-wide padyatra led by party state president K Surendran.

The Prime Minister said during the 2019 Lok Sabha elections, Kerala gave a two digit vote share for the BJP but this time the party will win 2 digit seats from Kerala. He added the opposition parties have realised their defeat in the elections of 2024. PM Modi said they have lost their mental balance. He said the opposition parties do not have a roadmap for the country’s development.

He said their only agenda is to utter abuses against Modi. He said he is confident that Kerala will stand with him this time. This has been the prime minister’s third visit to Kerala in less than 2 months. The prime minister said the huge crowd that had joined the Surendran-led padyatra has made the BJPs target of 370 seats in the Lok Sabha easier.

The Prime Minister said he is committed to fulfill the expectations of people and this is Modi’s guarantee. He said the BJP-led union government has never shown any discrimination towards Kerala. He said in the last 10 years the BJP-led central government has ensured Kerala’s development and the wise people of the state know this.

PM Modi predicted that in the third term of the BJP government, India will become the largest force in the world and this is Modi’s Guarantee. He said the third Modi government will increase its fight against corruption. He added in the last 10 years, more than 25 crore people have been brought out of poverty. The Prime Minister referred to various development projects and schemes which have been launched during the BJP rule at the centre. 

Continue Reading

Trending

-->

© Copyright 2022 APNLIVE.com