Bangalore International Airport

Architecture firm Skidmore, Owings & Merrill's Design Principal Peter Lefkovits on the design approach to Terminal 2 at the Kempegowda International Airport.

Changing dynamics of traffic at Indian airports in the post-pandemic era 

Delhi continues to lead the airport charts in the country. Mumbai is still second. The third spot was bagged by Bengaluru. Local rules restricting flights have seen some airports like Kolkata losing traffic.

Government cancels approvals to 8 special economic zones

The government has cancelled approvals granted to eight SEZ projects, including those of Concord India and Bangalore International Airport, as no significant progress was made by developers to complete the projects.

GVK Power gains 6% on stake sell in BIAL for Rs 2202 crore

The company has obtained all the necessary consents / approvals as may be required including from the lenders and also followed the process in the BIAL shareholders for stake sale.

Zurich Airport to exit Bangalore International Airport

BIAL owns and operates the Kempegowda International Airport Bengaluru (KIAB) under a 30-year concession agreement, with a further 30-year extension option from the Centre.

GVK surges 10% on stake sale in Bangalore International Airport

"GVK will divest 33 percent stake in Bangalore International Airport (BIAL) to Fairfax India Holdings Corporation and Fairfax Financial Holdings, through their wholly-owned subsidiaries in Mauritius," says the Hyderabad-based company in its filing.

JLL India facilitates 25-acres land sale in Bangalore

At Rs 100 crore, the purchase By L&W Construction Private Limited is among the largest land deals in 2013.

GVK Power buys Siemens 14% stake in Bangalore Intl Airport

GVK Power & Infrastructure has acquired Siemens 14% stake in Bangalore International Airport for Rs 613.82 crore; holding now 43%, reports CNBC-TV18. It touched an intraday high of Rs 14.80 and an intraday low of Rs 14.50. At 09:21 hrs the share was quoting at Rs 14.55, down Rs 0.05, or 0.34%.

GVK buys more stake in Bangalore Int'l Airport for Rs 614cr

GVK Power & Infrastructure today said it has acquired an additional 14% stake in Bangalore International Airport for Rs 613.82 crore, thereby increasing its overall shareholding to 43%.

GVK Power & Infra raises stake in BIAL to 43%

GVK Power and Infrastructure today announced acquisition of an additional 14% stake in Bangalore International Airport Ltd (BIAL) from German firm Siemens Project Ventures, taking its total holding in the company to 43 (rpt) 43%.

Biggest chunk of profits from road projects: GVK Power

GVK Power & Infrastructure announced outstanding results on August 6th, with net profit rising 76.5% year-on-year to Rs. 58.92 crore. This was mainly due to a 25% increase in net sales to Rs. 612.31 crore in the quarter ended June 2011.

GVK to boost capacity at Bangalore international airport

In an interview with CNBC-TV18, Sanjay Reddy, vice chairman of GVK Power & Infra said, "Terminal I is being expanded. Hopefully, by next month end or by May we'll start construction. It will take 18 months from there. We will be just a little less than double the capacity."

Expect power seg to see normalcy by month end: GVK Power

Isaac George, CFO of the Hyderabad based infrastructure firm, in an interview on CNBC-TV18 said the power segment was a disappointment which impacted their profits.