Try GOLD - Free
Adani taps SBI, Temasek, others for NMIA terminal
Hindustan Times Lucknow
|October 09, 2025
Airport entity in talks to raise ₹30,000 crore for Terminal-2 opening in 2029
The Adani Group is in talks with State Bank of India (SBI), HDFC Bank, Singapore's Temasek Holdings and Japan's Mitsubishi UFJ Financial Group and Mizuho Financial Group to raise ₹30,000 crore for the second terminal of its Navi Mumbai International Airport (NMIA), two people aware of the development said.
Prime Minister Narendra Modi inaugurated NMIA's first terminal on Wednesday, with the second terminal expected to welcome flyers four years from now. The fundraising effort by Adani Airport Holdings Ltd (AAHL), a unit of the Ahmedabad-based conglomerate, comes even as the group's brand-new airport is yet to see its first commercial flight.
AAHL will raise mainly debt, with some equity infusion by the promoters, the people cited above said on the condition of anonymity. About ₹10,000 crore ($1.2 billion) is expected to be locked in within the next six months and the remainder in the next 12-18 months.
This story is from the October 09, 2025 edition of Hindustan Times Lucknow.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Hindustan Times Lucknow
Hindustan Times Lucknow
Google Pay eyes credit ecosystem beyond payments
Google Pay has been distributing personal loans on behalf of its lending partners for several years and has now expanded its product suite to include credit cards.
2 mins
December 18, 2025
Hindustan Times Lucknow
A remit too wide: Personality rights without a rulebook
Celebrity actors, singers, and even sportspersons, are rushing to court to stop the unauthorised use of their name, face, voice or likeness.
4 mins
December 18, 2025
Hindustan Times Lucknow
'Won't be able to work unless producers agree to 12-hour shifts'
As the debate around fixed work hours in the film industry continues, actor Radhika Apte has lent her voice to the demand, saying it is “not possible” for her to work without clearly capped shifts.
1 min
December 18, 2025
Hindustan Times Lucknow
'Alcoholic's personality': Trump backs chief of staff after explosive interview
Who is Susie Wiles?
2 mins
December 18, 2025
Hindustan Times Lucknow
NCERT Class 7 book links Arthashastra to modern infra, UPI
A new Class 7 NCERT social science textbook released recently, has linked India's modern economic achievements with ancient thoughts to highlight how ideas first articulated in Kautilya's Arthashastra, believed to have been written in the 4th century BCE, continue to resonate in contemporary policy making.
2 mins
December 18, 2025
Hindustan Times Lucknow
I was choking on stage: Delhi AQI forces Kavita Seth to cancel Mumbai gig
Singer Kavita Seth has spoken about a harrowing live performance in Delhi, where the severely deteriorating air quality left her struggling to breathe on stage and ultimately forced her to cancel a subsequent concert in Mumbai.
1 min
December 18, 2025
Hindustan Times Lucknow
OTT CONTENT NOT REGULATED BY CENSOR BOARD, CLARIFIES GOVT
Reiterating the existing regulatory framework in place under the Information Technology (IT) Rules, 2021, the government on Wednesday said that OTT platforms such as Netflix, Amazon Prime Video and Disney+
1 min
December 18, 2025
Hindustan Times Lucknow
India tops world body's doping numbers again
With 260 Adverse Analytical Findings (AAFs) from over 7000 samples tested by National Anti Doping Agency (NADA) in 2024, India remains in the top tier of the global doping charts, a recent report from World Anti Doping Agency (WADA) has revealed.
2 mins
December 18, 2025
Hindustan Times Lucknow
Rajya Sabha passes bill allowing 100% FDI in insurance sector
The Rajya Sabha on Wednesday passed a bill to allow 100% foreign direct investment (FDI) in insurance in a move aimed at boosting capital inflows and expanding one of the world’s fastest-growing insurance markets.
1 mins
December 18, 2025
Hindustan Times Lucknow
SC asks MCD to consider shutting border toll plazas
The Supreme Court ‘on Wednesday asked the Municipal Corporation of Delhi (MCD) to urgently consider the temporary closure or shifting of nine toll plazas at Delhi's borders to ease traffic congestion and curb rising pollution levels in the National Capital Region, making it clear that public health concerns would override revenue considerations.
1 mins
December 18, 2025
Listen
Translate
Change font size