Adani pays ₹2,440 crore to AAI to take possession of 6 airports - Business News: Latest News & Videos about market and economy | Trendmergers

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Adani pays ₹2,440 crore to AAI to take possession of 6 airports

AAI has also repaid some working capital loans it had taken last year to pay salaries from this one-time payment. The state-owned airport operator had to borrow to pay salaries of employees and took loans in different tranches from the SBI to meet its working capital requirements in 2020-21 as its earnings took a hit from the impact of Covid, Kumar said.

from Industry-Economic Times
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