NOIDA INTERNATIONAL AIRPORT
Delhi Airport’s T3 to boost international capacity by 50% this winter
Indira Gandhi International Airport's Terminal 3 is expanding its international passenger handling capacity by 50% this winter, increasing from 2 crore to 3 crore annually. This expansion involves converting a domestic pier for international use, expected to be completed by December. With runway repairs and Terminal 2 reopening, IGIA will become India's first airport exceeding 10 CPA.
Twin Takeoff: Indian cities finally getting secondary airports but where are the low-cost terminals?
Navi Mumbai and Noida are getting new airports soon. These projects have been in the works for a long time. Many global cities have multiple airports. Mumbai's current airport is very busy. Delhi's airport is expanding. Goa already has a successful secondary airport. Other cities like Bengaluru, Chennai and Pune may also get new airports in the future.
PSU stocks: Time to relook? But don’t use the 2023 lens; choose the business. 57 PSU stocks, some good, some not so good
A bull run from June 2023 to June 2024, and then a bear run for a year. PSU stocks now seem at a stage where it is probably time to look at them again. For those who have not noticed, some of these stocks have seen higher-than-average volumes. Also a sort of outperformance in the bearish phase where they did not decline like other stocks in the market. They are not in the news any more; nor are many talking about them on TV. All signs suggesting it might probably be time to look at them again. But this time do it from a very different perspective – and not just because they are PSU. What matters is the category of business they fall into.
Lenders of bankrupt Jaiprakash Associates to meet Friday; challenge process among 5 bidders likely
Lenders of Jaiprakash Associates Ltd (JAL), currently undergoing insolvency proceedings, will convene on Friday to discuss the 'challenge process' among five bidders, including Adani Group and Dalmia Bharat, aiming to maximize asset value. This process, with a minimum bid of Rs 12,000 crore, seeks the highest financial proposal.
AISATS becomes first Indian ground handler to secure DGCA safety clearance
Air India SATS Airport Services achieved a milestone. It became the first ground handling company in India to receive DGCA's Safety Clearance. The certification aligns India with international standards. The new rules require safety management systems and staff training. AISATS secured the certificate after reviews and inspections. The company operates at six airports and is developing a cargo hub.
Heavy rains lash Gurugram, Noida, Ghaziabad; IMD issues alert, airlines urge caution. Check details, advisories here
Heavy monsoon rains battered Gurugram, Noida and Ghaziabad, prompting an IMD alert and widespread disruption. Gurugram shut schools and offices after severe waterlogging and traffic snarls. What do the next few days have in store for the National Capital Region?
- Go To Page 1
Flying from Noida? New airport to charge passengers up to Rs 980
Noida International Airport, expected to inaugurate in October 2025, will levy user development fees ranging from Rs 210 to Rs 980. AERA has set these ad-hoc tariffs, lower than proposed, until March 2026. The airport anticipates primarily domestic traffic initially, projecting significant growth in both domestic and international passenger numbers by FY 2030, complementing Delhi's IGIA.
Adani Group stocks in focus as CCI approves acquisition of Jaiprakash Associates
Adani Share Price: The Competition Commission of India (CCI) has approved Adani Group's acquisition of Jaiprakash Associates Ltd (JAL), a significant step in Adani's infrastructure and real estate expansion. JAL, undergoing insolvency proceedings with substantial creditor claims, possesses extensive assets, including real estate projects, commercial properties, and cement plants. The Committee of Creditors will now review resolution plans.
CCI approves acquisition of Jaiprakash Associates by Adani Group
The Competition Commission of India (CCI) has approved Adani Entities' acquisition of Jaiprakash Associates (JAL), which is currently undergoing corporate insolvency resolution. This decision follows JAL's default on loan payments and admission into the CIRP by the NCLT. Several other companies, including Dalmia Bharat, had also expressed interest in acquiring the debt-ridden company.
US IT firm Kyndryl to invest $2.25 billion in India over three years
Kyndryl will invest with a focus on talent development and setting up an AI lab in India. The company aims to modernise infrastructure, as well as support India's digital goals, including AI, cybersecurity, and IT modernisation.
Infra push to boost realty sector in outer Delhi
The Dwarka Expressway and UER II are poised to significantly benefit Delhi's peripheral areas, making them more attractive to homebuyers as central areas become increasingly expensive.
Mahindra Logistics launches mobility service Alyte for urban commuting
Mahindra Logistics Ltd has introduced Alyte, a premium, tech-driven B2C mobility service, starting in Delhi NCR. Expanding to major cities and airports, Alyte offers airport-to-city, in-city, and outstation travel. Hemant Sikka, MD and CEO, emphasizes Alyte's focus on reimagining urban mobility with assured rides and transparent pricing.
Akasa Air completes 3 years of flying; plans flights to SAARC, ASEAN regions in next few years
Akasa Air, after three years of operation, plans to expand its network to include SAARC and ASEAN regions in the coming years, leveraging the upcoming Navi Mumbai and Noida International Airports. The airline, which started in August 2022, aims to increase its capacity by over 30% by March 2026 and has already served over 19 million passengers.
Amber to open copper laminate plant in Mysuru for Rs 800 crore
Amber Enterprises is set to invest over Rs 800 crore in a copper laminate plant in Mysuru, seeking land from the local development authority. This move aligns with the electronic component manufacturing scheme, aiming to boost domestic production. Additionally, the company is investing significantly in electronics manufacturing and PCB facilities in other locations, expanding its presence in the sector.
Gujarat Anti-Terrorist Squad arrests female Al Qaeda operative in Bengaluru's Manorayanapalya area
Gujarat ATS, in collaboration with local police, arrested Sama Parveen in Bengaluru for allegedly supporting Al Qaeda's ideology online and sharing extremist content. Authorities seized digital devices, revealing her connection to previously detained AQIS suspects. In a separate incident, NIA apprehended Aziz Ahamad at Bengaluru airport for his involvement in the Tamil Nadu Hizb-ut-Tahrir case, accused of radicalizing youth.
Delhi NCR Weather Today Updates: Delhi NCR wakes up to battering rain, thunderstorm; Akasa Air issues travel advisory amid waterlogging, traffic congestion
Delhi Rains Update: Delhi, Noida and Gurgaon experienced heavy rainfall in several areas, including Tughlak Road and near the airport, leading to waterlogging in some low-lying spots. Flight operations remained normal despite the downpour. The weather department forecasts more light to moderate showers in the coming days, with high humidity. Air quality stayed in the moderate range, and residents are advised to be cautious.
Adani Ports, others in race to set up Greater Noida Logistics Park
Adani Ports, Super Handlers, and Empezar Logistics are competing to establish a logistics park in Greater Noida. The project involves an investment of ₹1,200 crore. The park will feature cargo handling, warehousing, and a skill development center. It is expected to generate 5,000 jobs and improve freight movement. The project aligns with Uttar Pradesh's multi-modal logistics park policy.
Adani group seeks Competition Commission's nod to acquire Jaiprakash Associates
The Adani group has applied for regulatory approval to acquire Jaiprakash Associates Limited. This move follows Adani's bid for the debt-ridden company, which is currently undergoing insolvency proceedings. Several other companies, including Dalmia Cement, have also expressed interest in acquiring JAL. JAL's assets include real estate projects, cement plants, and investments in various subsidiaries.
Airports fueling real estate growth in key cities
Property prices near airports in Navi Mumbai and Noida have surged almost 100% from FY21 to FY25, significantly outpacing citywide averages. Hyderabad and Bengaluru also saw substantial gains near airports, according to Square Yards. This growth is fueled by enhanced connectivity, infrastructure investments, and economic expansion.
Roseate Hotels looking to diversify portfolio with managed properties in Dubai, Italy, France and more: CEO
Roseate Hotels and Resorts plans expansion. The luxury hotel chain aims to explore markets like Dubai, Italy, and Switzerland. They will manage and own properties. Focus remains on upscale Indian market growth in tier 2 and 3 cities. Roseate will open a Noida hotel near Jewar airport. Expansion also includes Rishikesh and Goa properties.
Karnataka on track for defense corridor, PM Modi to be approached soon: MB Patil
Karnataka is planning to establish defence corridors in two regions. Union Defence Minister Rajnath Singh has responded positively to the proposal. Prime Minister Narendra Modi will soon discuss the project. The government is acquiring land for a high-tech defence and aerospace park near Devanahalli. Chief Minister Siddaramaiah will address farmers' concerns.
YEIDA draw result 2025: Check direct link, winners list pdf, others key details
YEIDA Plots draw result list: Yamuna Expressway Industrial Development Authority will conduct a draw for its residential plot scheme in Sector 18. The scheme offers 276 plots and received over 54,000 applications. The draw will be supervised by retired High Court judges. It will be broadcast live on YEIDA's website and other platforms. Successful applicants must deposit a registration fee.
Domestic dispute in Gurgaon turns deadly as man kills wife after being slapped
In Gurgaon's Rajendra Park, a domestic dispute escalated tragically when Ketan Pathak strangled his wife, Jyoti, after she slapped him during an argument over their child. Pathak confessed to the police, revealing he acted in a fit of rage, using her dupatta to commit the act.
Noida International Airport to be fully operational by November: Minister after review meeting
Noida International Airport, facing previous delays, is now slated to commence operations in November, announced Minister Nand Gopal Gupta. The project, overcoming past stagnation, is nearing completion with significant progress in runway, terminal, and infrastructure development. While crucial approvals are pending, the government has imposed fines for delays, aiming to establish Asia's largest airport.
JAL insolvency: Lenders reject Jaypee Infratech's request to accept its bid to acquire bankrupt firm
Lenders of Jaiprakash Associates Limited declined Jaypee Infratech's resolution plan. Jaypee Infratech sought reconsideration, but creditors upheld their rejection. Five companies, including Adani Enterprises and Vedanta Group, submitted resolution plans to acquire Jaiprakash Associates Limited. The resolution professional presented a summary of these plans. Creditors are claiming Rupees 57,185 crore. National Asset Reconstruction Company Limited leads the claimants.
Uttar Pradesh govt to set up agri-export facility near Noida Airport: Chief Secretary
Uttar Pradesh is planning a world-class agri-export facility near Jewar International Airport to boost horticultural exports. This first-of-its-kind facility in India will offer comprehensive treatment and testing for international standards. The project aims to streamline exports from Uttar Pradesh and neighboring states, enabling direct shipment via cargo planes and increasing farmer income by reaching affluent markets.
Noida International Airport launch likely to be delayed again
Noida International Airport's launch will be delayed past April due to incomplete terminal construction. The project was initially set for October 2024. Various clearances from authorities like DGCA and BCAS are still pending. A decision on the operational timeline is expected in a meeting chaired by Chief Minister Yogi Adityanath on March 10.
How will I reach Noida airport? The big question remains as Noida Airport set to take off in a few months
Noida International Airport will launch soon, but connectivity remains a concern. Multiple transport projects are in the pipeline, but their completion will take time. Currently, plans include a taxi service, a new city bus service, and a rapid rail corridor by 2030. Authorities must ensure efficient transport options to attract passengers.
Govt starts process of acquiring land worth over Rs 4,000 crore for second phase of Noida International Airport
The district is acquiring land from villages for Noida Airport's second phase. Resettlement and compensation are progressing. YIAPL plans test flights by November and aims for commercial operations by year's end. Completion delayed to April 2025. DS Mishra, Noida International Airport Limited, and four new vendors are addressing steel shortages. Farmers to resettle in Falaida Bangar.
Load More
