{"id":262353,"date":"2019-03-05T05:58:38","date_gmt":"2019-03-05T05:58:38","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=262353"},"modified":"2019-03-05T05:58:38","modified_gmt":"2019-03-05T05:58:38","slug":"gmr-hyderabad-international-airport-divests-stake-in-flight-training-arm","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gmr-hyderabad-international-airport-divests-stake-in-flight-training-arm\/","title":{"rendered":"GMR Hyderabad International Airport divests stake in flight training arm"},"content":{"rendered":"<p>New Delhi: GMR InfrastructureNSE 1.20 % Monday said its subsidiary GMR Hyderabad International Airport Ltd (GHIAL) has fully divested its stake in its flight training arm to a third party for a token consideration. The company did not disclose what that token consideration was. <\/p>\n<p>&#8220;GHIAL&#8230;has divested its 100 per cent stake in its subsidiary namely Asia Pacific Flight Training Academy Ltd (APFTAL) to a third party, for a token consideration,&#8221; GMR Infrastructure said in a regulatory filing. <\/p>\n<p>APFTAL, engaged in the business of providing flight training, had reported a turnover of Rs 4.72 crore for the nine month period ended December 31, 2018. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: GMR InfrastructureNSE 1.20 % Monday said its subsidiary GMR Hyderabad International Airport Ltd (GHIAL) has fully divested its stake in its flight training arm to a third party for a token consideration. The company did not disclose what that token consideration was. &#8220;GHIAL&#8230;has divested its 100 per cent stake in its subsidiary namely Asia Pacific Flight Training Academy Ltd (APFTAL) to a third party, for a token consideration,&#8221; GMR Infrastructure said in a regulatory filing. APFTAL, engaged in the business of providing flight training, had reported a turnover of Rs 4.72 crore for the nine month period ended [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-262353","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/262353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=262353"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/262353\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=262353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=262353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=262353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}