Tata Group, GIC to buy $1.2b stake in Delhi airport operator

Tata Group, GIC to buy $1.2b stake in Delhi airport operator

Automated check-in machines stand next to manned check-in desks inside the newly inaugurated Terminal 2 building at the Indira Gandhi International Airport (IGI) in Delhi, India, on Friday, Oct. 27, 2017. Photographer: Anindito Mukherjee/Bloomberg

Anurag Kotoky

27 March, 2019

A consortium of India’s Tata Group, a unit of Singapore’s sovereign wealth fund GIC and SSG Capital Management will invest 80 billion rupees ($1.2 billion) to buy a stake in GMR Airports Ltd, which runs India’s biggest airport.

GIC PteSSG Capital ManagementTata Group

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter

Read more from India

Nikkei Logo
DealStreetAsia Logo
About Us
Team
Advertise
Contact
Careers
Blog
Privacy Policy
Terms & Conditions
© Copyright DEALSTREETASIA 2014-2025 All rights reserved.