Knocksense: A local content and recommendations platform

Adani Airport Holdings Ltd (AAHL), a unit of Adani Enterprises Ltd., on Tuesday took management control of the Chhatrapati Shivaji Maharaj International Airport(CSMIA) from the GVK Group. The control has been granted after approvals from the Union Government of Maharashtra and Maharashtra City and Industrial Development Corporation (CIDCO).


Adani Expansion strategy to pave way for seamless international travel


The Adani Group has about 74% stake in Mumbai's Chhatrapati Shivaji Maharaj International Airport as it strongly believes in a travel boom in a post-pandemic world. A majority of this stake, around 50.5%, has been brought from the GVK Group and the remaining 23.5%, have been acquired from minority partners including ACSA, and Bidvest Groups.

This hypothesis backed by IATA (International Air Transport Association), has estimated an 88% passenger traffic rise than that of the pre-COVID era by 2022. On these lines, the AAHL also expects the Mumbai airport traffic to boost by a compound 12% by FY22. The footfall is expected to further exceed in 2023, worldwide, added reports.

Spearheaded by industrial tycoon Gautam Adani of the AAHL, the company's airport expansion strategy has been devised to help converge the nation's Tier 1 cities with the Tier 2 and Tier 3 locations in a hub and cope model. The principal motive of this approach is to enable equalisation of India's urban-rural divide - facilitating seamless international travel. With this latest addition of CSMIA control, the AAHL controls over 33% of India's total air cargo traffic.

"We are delighted to take over management of the world-class Mumbai International Airport. We promise to make Mumbai proud. The Adani Group will build an airport ecosystem of the future for business, leisure and entertainment. We will create thousands of new local jobs.", Gautam Adani added in a tweet.

The Adani group has won competitive bids to run the airports at Jaipur, Ahmedabad, Guwahati, Lucknow, Mangalore and Thiruvananthapuram. However, it may be noted that it plans to back down from taking over the Jaipur, Guwahati and Thiruvananthapuram airports by six months as these are financially unviable assets, from the business point of view due to the pandemic.

Creste is hosting a 'Christmas Carnival' in Lucknow & here's how you can make it merrier!

The Creste Carnival is going live on Christmas Day, December 25, 2021 at Red Hill School in Lucknow.

Dashing in those merry festivities in a one-horse open sleigh, Creste has announced its Christmas Carnival open in Lucknow! A kids' special bonanza, set in the themes of jingles and glee, this affair has been designed especially for kids and you're on the guestlist too if you can double up the joy of the Yuletide season for the tiny tots!

Washed in jolly vibes and the spirit of love, lights and laughter, Creste's Christmas Carnival is where miracles come alive! And if you want to be a part of its magical loop as well, we've got the deets covered for you!

Keep reading... Show less

Mumbai Traffic police bans two-wheelers, three-wheelers & heavy vehicles on BKC-Chunabatti Connector

Now, only cars and buses will be permitted to use the elevated road

Driving towards fast and free-flowing traffic, the Mumbai Traffic Police on Monday announced the BKC-Chunabatti Connector permanently closed for two, three and heavy vehicles. As per reports, the movement of trucks, trailers, bikes, scooters and auto-rickshaws and other such vehicles has been completely banned on both sides of the bridge. However, buses will be permitted to ply across to ensure easy travel.

Keep reading... Show less

Uttar Pradesh becomes the first state in India to administer over 16 crore COVID jabs!

Around 33% of UP's eligible population is fully vaccinated against COVID

Counting over 16 crore COVID vaccinations as of Monday, Uttar Pradesh has stepped up to become the highest inoculating state in India. Noteworthily UP stands to be the most populous region in the country with the largest pool of eligible beneficiarie and about 76% of this segment has received at least a single corona dose. As per reports, about 33% of the total state population is fully vaccinated against COVID-19.

Keep reading... Show less

DIVINE to perform in Mumbai, Jaipur, Indore, Goa & 10 other cities during the Punya Paap Tour

DIVINE's Punya Paap Tour will roll out from December and conclude by the end of January, 2022

Hip-hop star and Rapper, DIVINE, who has made it big in the indie music world and is also popularly known for his work in Gully Boy is all set to head out for the Punya Paap Tour. The artiste will be traveling across 14 cities, during the tour which includes- Chandigarh, Ludhiana, Indore, Mumbai, Pune, Jaipur, Udaipur, Goa, Mysore, Bangalore, Hyderabad, New Delhi, Kolkata and Shillong. Showcasing DIVINE along with his usual collaborators and rappers, this countrywide tour will be flagged off in December's first week.

Keep reading... Show less

Cops in UP to get CPR training for providing timely aid during emergency situations

Around 500-1000 police officials will be given CPR training by medical experts

In a bid to provide timely aid to citizens during an emergency, the Lucknow police personnel will be trained to perform basic lifesaving techniques i.e., cardiopulmonary resuscitation (CPR). This initiative will help the police force to help residents of the city receive medical assistance during emergency situations. With the professional guidance and training by medical experts like the head of the cardiology department at the Sanjay Gandhi Postgraduate Institute of Medical Sciences (SGPGIMS), the police force will be able to help citizens before they are taken to the hospital in emergency situations.

Keep reading... Show less

India to resume International commercial air services from December 15!

Notably, the passenger air services were suspended in March 2020, owing to the outbreak of COVID

After a gap of about twenty months, India is all set to resume international passenger air services from December 15, 2021, informed the Directorate General of Civil Aviation (DGCA) on Friday. Additionally, as per the revised guidelines issued by the Union Health Ministry passengers need to submit 14 days travel details and upload a negative RT-PCR test report on Air Suvidha Portal before the journey. This announcement comes in time Omicron strain of COVID has been identified in South Africa recently.

Keep reading... Show less

Lucknow University launches mobile application & other facilities for students & teachers

Governor Mrs. Anandiben Patel launched the mobile application along with a number of other facilities during the convocation ceremony of the university on Friday

In an attempt to upgrade its infrastructure, Lucknow University (LU) has launched a dedicated mobile application and a number of facilities for its students and employees recently. Governor of Uttar Pradesh Mrs. Anandiben Patel launched the application among other facilities during the convocation ceremony of the university on Friday. Additionally, open-air gyms have also been set up on the campus of this state-level university.

Keep reading... Show less

Most Read

Headlines

Lucknow

Kanpur

Trending

Jaipur

Indore

Goa

Mumbai