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Fraport to exit Delhi airport JV by June

The world's second largest airport operator Fraport of Germany on Wednesday said it will exit the Delhi airport by selling its entire 10 per cent interest and is in discussions with JV partner GMR......

GMR ready to buy out DIAL partners

GMR Group is willing to pick up the equity stakes of its joint venture partners - German airport giant Fraport and Eraman Malaysia - which want to pull out of Delhi International Airport Ltd......

Delhi airport, Air India close to mega deal

Delhi International Airport Ltd, the consortium operating Delhi airport, is close to signing a mega deal with Air India, which is making the new terminal its operational hub. The consortium is......

Govt tells DIAL not to proceed with land deal

Despite the attorney general's clean chit, the civil aviation ministry said it has asked Delhi International Airport Ltd not to go ahead with an innovative financing plan to charge high deposits......

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