{"id":298458,"date":"2019-10-30T10:56:12","date_gmt":"2019-10-30T05:26:12","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=298458"},"modified":"2019-10-30T10:56:12","modified_gmt":"2019-10-30T05:26:12","slug":"tata-group-restructures-gmr-deal-to-meet-regulatory-norms","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tata-group-restructures-gmr-deal-to-meet-regulatory-norms\/","title":{"rendered":"Tata Group restructures GMR deal to meet regulatory norms"},"content":{"rendered":"<p>NEW DELHI: The Tata Group has agreed to reduce the stake it had proposed to acquire in GMR Airports (GAL) to about 15% from the previously announced 20%, which will likely allow the GMR Group-Tata deal to sail through, people with knowledge of the plan said.<\/p>\n<p>The move is to comply with a rule that bars groups that own airlines to also hold more than 10% in an airport operator. A 15% holding for the Tata Group would keep its effective stake in Delhi International Airport Ltd (DIAL), the GAL unit that runs the airport in the national capital, below 10%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: The Tata Group has agreed to reduce the stake it had proposed to acquire in GMR Airports (GAL) to about 15% from the previously announced 20%, which will likely allow the GMR Group-Tata deal to sail through, people with knowledge of the plan said. The move is to comply with a rule that bars groups that own airlines to also hold more than 10% in an airport operator. A 15% holding for the Tata Group would keep its effective stake in Delhi International Airport Ltd (DIAL), the GAL unit that runs the airport in the national capital, below [&hellip;]<\/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-298458","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\/298458","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=298458"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/298458\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=298458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=298458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=298458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}