{"id":266536,"date":"2019-03-27T06:31:45","date_gmt":"2019-03-27T06:31:45","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=266536"},"modified":"2019-03-27T06:31:45","modified_gmt":"2019-03-27T06:31:45","slug":"tata-group-checks-into-airport-business-with-rs-8000-cr-deal","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tata-group-checks-into-airport-business-with-rs-8000-cr-deal\/","title":{"rendered":"Tata Group checks into airport business with Rs 8,000-cr deal"},"content":{"rendered":"<p>A consortium of Tata Group, a unit of Singapore\u2019s sovereign wealth fund GICNSE 5.89 % and SSG Capital Management will invest Rs 8,000 crore ($1.2 billion) to buy a stake in GMR Airports Ltd, which runs India\u2019s biggest airport. <\/p>\n<p>The deal will pump Rs 1,000 crore into GMR Airports, a unit of GMR InfrastructureNSE 1.29 % Ltd. and purchase Rs 7,000 crore of the airport unit\u2019s equity shares from the parent, according to a statement. GMR operates Delhi International Airport Ltd., Asia\u2019s sixth biggest. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A consortium of Tata Group, a unit of Singapore\u2019s sovereign wealth fund GICNSE 5.89 % and SSG Capital Management will invest Rs 8,000 crore ($1.2 billion) to buy a stake in GMR Airports Ltd, which runs India\u2019s biggest airport. The deal will pump Rs 1,000 crore into GMR Airports, a unit of GMR InfrastructureNSE 1.29 % Ltd. and purchase Rs 7,000 crore of the airport unit\u2019s equity shares from the parent, according to a statement. GMR operates Delhi International Airport Ltd., Asia\u2019s sixth biggest.<\/p>\n","protected":false},"author":39,"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-266536","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\/266536","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=266536"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/266536\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=266536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=266536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=266536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}