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Adani taps SBI, Temasek, others for NMIA terminal
Mint Chennai
|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.
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Mint Chennai
Cheaper gas would help India reduce emissions
India’s economy must find an optimal path to its net-zero goal. An expected decline in global prices would make gas affordable enough to enlarge its role in carbon reduction
2 mins
October 09, 2025
Mint Chennai
SBI eyes deal finance on home turf as Indian banks may get an entry
Having financed India Inc.’s overseas buyouts for long, State Bank of India (SBI) sees itself ready to underwrite mergers and acquisitions (M&As) at home, as the Reserve Bank of India (RBI) considers opening that door for domestic lenders.
2 mins
October 09, 2025
Mint Chennai
India pulls several anti-dumping levies on China, others
New Delhi has quietly allowed the expiry of anti-dumping duties on a range of goods from several countries including China, signalling a recalibration in its approach to trade protection.
1 min
October 09, 2025
Mint Chennai
Sebi preps plan for quantum threat
The Securities and Exchange Board of India (Sebi) is bracing India’s markets for a future where ultra-powerful quantum computers could crack today’s passwords in seconds—a threat its chief likened to the Y2K scare of the 1990s.
1 min
October 09, 2025
Mint Chennai
Inside Zoho’s big bet on swadeshi consumer tech
lic sector undertakings could use any Zoho product that was approved by NIC.
1 mins
October 09, 2025
Mint Chennai
Road builders sweat as tenders dry up
improvement in awards this year will likely start reflecting in the second half of FY27 or in FY28.
2 mins
October 09, 2025
Mint Chennai
Advertisers push Big Tech to adopt standards for transparency in ad sales
use and how, according to Hovaness.
2 mins
October 09, 2025
Mint Chennai
PM backs Make in India for chips, mobiles, electronics
Prime Minister Narendra Modi on Wednesday renewed his pitch for Make in India across sectors, from mobiles to semiconductors and electronics, saying the government is accelerating the pace of reforms, offering the best investment opportunities.
2 mins
October 09, 2025
Mint Chennai
Lord's Mark secures US FDA registration, boosting Indian healthcare manufacturing
Lord's Mark Industries Limited has received US FDA registration for its range of surgical consumables, orthopaedic supports, and hygiene products, marking a major milestone in its global expansion and reinforcing India's position in the international healthcare supply chain.
2 mins
October 09, 2025
Mint Chennai
Anthropic to open India office in 2026
Anthropic, the artificial intelligence (AI) startup backed by Alphabet's Google and Amazon.com, said on Tuesday it will open its first office in India next year, aiming to tap into the country's growing appetite for AI tools.
1 min
October 09, 2025
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