Adani Seeks Unified Tariff for Mumbai Airports

31 May 2025 CW Team

Adani Airport Holdings Limited has requested the government to treat Mumbai and Navi Mumbai airports as a single entity for tariff determination. The proposal, based on the Airports Economic Regulatory Authority (AERA) Act’s 2021 amendment, seeks parity in passenger and airline charges across both airports.

If accepted, this unified calculation would average out tariffs, making fees at Navi Mumbai airport more competitive. As per reports, higher charges at the newly built Navi Mumbai airport—set to begin operations in July—may discourage airlines from shifting operations.

Both airports are owned by the Adani Group, which believes this move will help drive traffic to Navi Mumbai and balance user development fees, landing, and parking charges.

The AERA Act’s amendment was introduced to encourage private investment by allowing grouping of smaller loss-making airports with profitable ones in the same region. Former Aviation Minister Jyotiraditya Scindia had said this step would improve air connectivity in remote areas.

Chairman Gautam Adani recently shared on social media that the Navi Mumbai airport is ready for launch in June and will enhance regional connectivity and growth.

Source
Outlook Business

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..