June 17, 2024

Adani plans to invest in the airport in Bengaluru

14th November 2022 | TITN Team

According to three persons with knowledge of the development, Adani Group is examining a proposal to purchase a stake in Bangalore International Airport Ltd (BIAL).

For a while now, The Adani Group has been weighing its options for acquiring a share in the airport. Fairfax has been engaged in discussions, and the conglomerate is eager to submit a proposal for the 13% interest held by the Airports Authority of India (AAI), one of the three sources said, requesting anonymity.