Try GOLD - Free

Adani to invest ₹1.35 L cr in airports expansion by 2030

Financial Express Mumbai

|

December 04, 2025

ABOUT 70% OF FUNDING TO COME FROM DEBT

- MIHIR MISHRA AND PR SANJAI

THE ADANI GROUP plans to invest ₹1.35 lakh crore ($15 billion) to boost passenger capacity at its airports to 200 million annually in the next five years, people familiar with the matter said, helping power India’s aviation boom as it prepares to list its airport unit.

The plan involves adding terminals, taxiways, and a new runway at the Navi Mumbai airport, which is set to open December 25, said the people, who asked not to be identified as the plans are private. Alongside, the group will undertake capacity upgrades at Ahmedabad, Jaipur, Thiruvananthapuram, Lucknow and Guwahati airports, they said.

MORE STORIES FROM Financial Express Mumbai

Financial Express Mumbai

Can quality of life be a superpower? Ask Finland

THE EUROPEAN UNION doesn’t have much to brag about these days. Its own officials admit its penchant for red tape looks more like a burden than a benefit. Yet if the old label of “regulatory superpower” is out, the moniker of “lifestyle superpower” is definitely in.“Europe has created a lifestyle...It’s a superpower with the highest living and social standards in the world,’ EU Commissioner for International Partnerships Jozef Sikela said in July.

time to read

2 mins

December 05, 2025

Financial Express Mumbai

H-1B visa row: US admin orders enhanced vetting for applicants

THE TRUMP ADMINISTRATION on Thursday announced increased vetting of applicants for H-1B visas for highly skilled workers, with an internal State Department memo saying that anyone involved in “censorship” of free speech be considered for rejection.

time to read

1 mins

December 05, 2025

Financial Express Mumbai

Sberbank charts major India expansion plan

RUSSIA'S MAJORITY STATE-OWNED Sberbank is preparing a major expansion in India and plans to seek regulatory approval within three years to convert its existing branches into a wholly owned subsidiary, CEO Herman Gref said.

time to read

1 min

December 05, 2025

Financial Express Mumbai

Dream11 turns to sports entertainment

FIRM REORGANISES ITS 1,200-ODD WORKFORCE INTO 8 BUSINESS UNITS

time to read

2 mins

December 05, 2025

Financial Express Mumbai

New barrier-free toll collection system within a year: Gadkari

UNION MINISTER NITIN Gadkari on Thursday said the current system of toll collection will come to an end within a year, replaced by an electronic system that will ensure a seamless experience for motorists on highways.

time to read

1 min

December 05, 2025

Financial Express Mumbai

RBI proposes weekly updates on credit data

THE RESERVE BANK of India (RBI) on Thursday said that credit institutions (CIs) or credit information companies (CICs) should update their reports on a weekly basis for the efficient functioning of the credit information reporting system in the country.

time to read

1 min

December 05, 2025

Financial Express Mumbai

India seeks trade parity with Russia

NEED TO BRING MORE DIVERSITY IN TRADE BASKET, REDUCE BARRIERS: GOYAL

time to read

2 mins

December 05, 2025

Financial Express Mumbai

Trump may back out of USMCA deal

US PRESIDENT DONALD Trump could decide next year to withdraw from the United States-Mexico-Canada trade agreement (USMCA), Politico reported on Thursday, citing US Trade Representative Jamieson Greer.

time to read

1 min

December 05, 2025

Financial Express Mumbai

Currency sinks to 90.42, trims fall after RBI steps in

THE RUPEE HIT another fresh record low at 90.42 during the intra-day on Thursday.

time to read

1 mins

December 05, 2025

Financial Express Mumbai

Slips toward 92 mark soon

UNCERTAINTY OVER the timing of the US-India trade deal is fuelling rupee volatility and it could push the currency to as low as 92/$, the head of treasury at HDFC Bank said. “The current account deficit is up, there are outflows from local equities so in the genuine supply side there is an issue which is coming in,” said Arup Rakshit, group head of treasury at HDFC Bank. —REUTERS

time to read

1 min

December 05, 2025

Listen

Translate

Share

-
+

Change font size