The Airports Authority of India (AAI) will sell its 13 per cent stake in GMR Hyderabad International Airport (GHIAL) and Kempegowda International Airport, Bengaluru (Bengaluru International Airport, or BIAL), to raise funds.
The Airports Authority of India (AAI) has sanctioned Rs. 242 crore to fast-track the airport in Ayodhya. This comes a fortnight after the Uttar Pradesh government earmarked Rs. 101 crore for the airport, to be known as Maryada Purushottam Sriram Airport.