Business Economy


Adani Airport incorporates step down subsidiary AACL Global IFSC

Mumbai, Aug 8 (UNI) Adani Enterprises Limited informed the stock exchanges here on Saturday that it has incorporated a new company called AACL Global IFSC Limited.
AACL Global IFSC Limited will function as the wholly-owned step-down subsidiary of Adani Airport Holdings Limited (AAHL), according to the company's regulatory filing.
This newly incorporated company, AAHL Global IFSC Limited will offer financial services in the form of a Global Treasury Centre, since it has been incorporated under IFSCA (Finance Companies) Regulations, 2021, which will allow the company to streamline its treasury and finance operations internationally.
The new company is meant to strengthen the financial management and global treasury operations of the Adani Group's airport business by leveraging the regulatory advantages of the International Financial Services Centre Authority (IFSCA) for enhanced capital efficiency and cross-border fund management.
The structure of AACL Global IFSC Limited would enable it to optimise foreign exchange risk management and access deeper liquidity pools through favorable financing terms available in international financial service centres.
AACL Global IFSC Limited's parent company is Adani Airport Holdings Limited (AAHL), which is India’s largest operator of Public Private Partnership airports.
AAHL operates eight airports including Mumbai, Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati, Thiruvananthapuram and the newly constructed Navi Mumbai airport.
As part of its broader vision to redefine airport-led urban development in India, AAHL is also developing integrated, hospitality-led Airport City destinations that bring together hospitality, retail, entertainment, commercial, and lifestyle infrastructure around key aviation hubs.
AAHL's vision is to reimagine airports as integrated urban ecosystems which combine aviation with hospitality, retail, commercial and social infrastructure.
Through its airport city developments spanning approximately 663 acres across key cities, AAHL plans to build mixed-use destinations designed to enhance travel experiences while driving long-term economic and urban growth. UNI BA SAS
More News

Nirmala Sitharaman heads to Singapore, focus on investment, trade and financial ties

09 Oct 2026 | 8:59 PM

New Delhi, Oct 9 (UNI) union Finance Minister Nirmala Sitharaman is visiting Singapore from October 9 to 11 to strengthen bilateral economic ties and attract fresh investments into India. The visit will include meetings with Singapore's top political leadership, global institutional investors, financial institutions and business leaders. .

see more..

Stock markets end higher, Sensex jumps over 700 points led by IT

09 Oct 2026 | 8:50 PM

New Delhi, Oct 9 (UNI) Indian Stock Markets recovered today, with Sensex jumping over 700 points and Nifty by 270 points led by IT sectoral gains and buoyant investor sentiment amidst easing of geopolitical tensions in West Asia.

see more..

Adani sets up Paradip Port subsidiary for dry bulk berths project in Odisha

09 Oct 2026 | 8:11 PM

Mumbai, Oct 9 (UNI) Adani Ports and Special Economic Zone Limited (APSEZ) informed the stock exchange today that it has incorporated a fully-owned subsidiary, called Paradip Mahanadi Terminal Limited, in order to develop and operate two dry bulk berths at Odisha’s Paradip Port, on the eastern coastline of India.

see more..

Scapia and Tourism Malaysia join hands to promote new destinations for Indian travellers

09 Oct 2026 | 5:04 PM

Mumbai, Oct 9 (UNI) Indian travel fintech company Scapia has partnered with Tourism Malaysia to launch Malaysia Calling, a four-month promotional campaign aimed at encouraging Indian tourists to explore destinations beyond the traditionally popular Kuala Lumpur and Genting Highlands.

see more..

India’s steel growth hinges on raw material security, logistics: NMDC director

09 Oct 2026 | 4:54 PM

Hyderabad, Oct 9 (UNI) India’s ambition to increase steel production to 300 million tonnes by 2030 and 500 million tonnes by 2047 will depend on securing raw materials, strengthening logistics and adopting advanced technologies, NMDC Director (Commercial) Vivek Nishant Nath said on Friday.

see more..