{"id":370829,"date":"2020-08-31T11:13:03","date_gmt":"2020-08-31T05:43:03","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=370829"},"modified":"2020-08-31T11:13:03","modified_gmt":"2020-08-31T05:43:03","slug":"gvk-agrees-to-cede-control-of-airport-business-to-adani-group","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gvk-agrees-to-cede-control-of-airport-business-to-adani-group\/","title":{"rendered":"GVK agrees to cede control of airport business to Adani Group"},"content":{"rendered":"<p>MUMBAI: GVK Power &amp; Infrastructure said the Adani Group will take over its debt and have control over the Mumbai airport and the Navi Mumbai airport project.<\/p>\n<p>The Adani Group will have a 74% stake each in the current Mumbai airport and the Navi Mumbai Airport project, said a person close to the development.<\/p>\n<p>The founder of the conglomerate, which had been aggressively defending its airport business, said it buckled under pressure from lenders and as the Covid-19 pandemic battered business.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: GVK Power &amp; Infrastructure said the Adani Group will take over its debt and have control over the Mumbai airport and the Navi Mumbai airport project. The Adani Group will have a 74% stake each in the current Mumbai airport and the Navi Mumbai Airport project, said a person close to the development. The founder of the conglomerate, which had been aggressively defending its airport business, said it buckled under pressure from lenders and as the Covid-19 pandemic battered business.<\/p>\n","protected":false},"author":44,"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-370829","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\/370829","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=370829"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/370829\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=370829"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=370829"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=370829"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}