GVK Power and Infrastructure Ltd, which owns a 29% stake in Bangalore International Airport Ltd, or Bial, will invest Rs 4,000-4,500 crore to modernize and expand the facility. It also plans to buy Siemens Project Ventures GmbH’s 40% stake in Bial at an appropriate time as there are some restrictions now. Siemens is required to stay invested for a specific period, in accordance with the terms of the ownership agreement. GVK plans to enter into an understanding with Siemens on buying the stake at a future date at a predetermined price.
After acquiring a 17% stake in Bial from
In a statement issued on 19 January, Bial said it will fast-track the construction of a new terminal, T2. In its first phase, T2 will cater to 15 million passengers annually. The terminal will be further expanded in the next phase to eventually handle 36 million passengers a year. Associated airside infrastructure will also be expanded to cater to the new terminal. The design for the new terminal will be selected through a global bidding process. The existing terminal, T1, will be expanded to take the annual capacity to 15 million passengers. It handled 8.7 million passengers in the first year.
While L&T has sold its entire stake,
| Company Name | CMP |
|---|---|
| NTPC | 365.30 |
| Tata Power | 436.90 |
| Power Grid Corp | 312.80 |
| Adani Power | 678.65 |
| Torrent Power | 1435.80 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
