Tata Group restructures GMR deal to meet regulatory norms

A 15% holding for the Tatas would keep its effective stake in Delhi International Airport Ltd, the GAL unit that runs the airport in the national capital, below 10%. Tata, GIC & SSG Capital Management have agreed to invest Rs 8,500 crore in GAL.

from Transportation-Industry-Economic Times https://ift.tt/2psjIuW