The Union Cabinet gave its approval on Wednesday to the proposals for leasing out three major airports — Ahmedabad, Lucknow and Mangaluru — of the Airports Authority of India through public-private partnership, an official spokesperson said.
Earlier this year, the Adani group had won the bids to operate the three airports for a period of 50 years.
-
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI -
'One Can Never Get Good News And Bad Share Price': S Naren, ICICI Pru Life AMC On NDTV Profit Ignite
The Adani group had also won the bids to operate the Jaipur, Guwahati and Thiruvananthapuram airports, owned by the AAI.
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
The AAI had chosen the winner on the basis of the "per-passenger fee" offered by the bidders.
Principal Spokesperson of the Government of India Sitanshu Kar also announced it on Twitter.
Cabinet approves proposal for leasing out of three airports viz. #Ahmedabad , Lucknow and Mangaluru of
July 3, 2019
Airports Authority of India through Public Private PartnershipOther Cabinet decisions:
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
