Adani optimistic on India's aviation market, wants to ‘do more airports’

News Network

March 22, 2023

New Delhi, Mar 22: Adani Airports chief Arun Bansal on Wednesday said the cost of operating airports has to come down by 30-50 per cent in the coming years as he highlighted the growth potential of the Indian aviation market.

Currently, the company is operating seven airports and is building another one.

Bullish on the Indian market, Bansal said it would like to operate more airports and eventually become a leading airport operator in the world.

Adani Airports is investing in physical and digital segments, and is committed to building the capacity, he added.

Indian aviation had been taken for granted for the last 20-30 years and the cost of operating airports should come down by 30-50 per cent in the coming years, he noted.

Adani Airports is bullish on the country's aviation market and wants to "do more airports", Bansal said, adding that under the first phase, Navi Mumbai airport will start operations by December 2024.

The passenger handling capacity will be 20 million in the first phase of Navi Mumbai airport. Adani Airports is also operating Mumbai airport.

"We are also working on (setting up) an aviation institute," he said while speaking at the CAPA aviation summit here.

India is one of the fastest growing aviation markets in the world and a large number of planes are on order by various Indian carriers.

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Mangaluru: Man duped of Rs 1.7 cr by fake TRAI, CBI officials

News Network

November 22,2024

Mangaluru: A man fell victim to an online scam, losing Rs 1.7 crore after fraudsters posed as officials from TRAI. According to a complaint filed at the CEN police station, the incident began on November 11, when the complainant received a call from an unknown number at 9:49 am.

The caller, claiming to represent TRAI, alleged that another mobile number registered under the complainant's name was involved in illegal activities in Andheri (East), Mumbai. The caller further stated that an FIR was lodged against the complainant for harassment under the guise of marketing. He was instructed to contact Andheri (East) police station immediately or risk his mobile service being deactivated within two hours.

The complainant was subsequently connected to an individual named Pradeep Sawant, who claimed the complainant was implicated in a money laundering scheme linked to the Naresh Goyal fraud case. Sawant alleged that a fraudulent bank account under the complainant's name was opened at Canara Bank, Andheri, and used to purchase a SIM card for illegal activities. He warned that the complainant could face arrest.

Later, the complainant was contacted via WhatsApp video call by individuals posing as Rahul Kumar (a police officer) and Akanksha (a CBI officer). They allegedly sent fabricated CBI documents to his WhatsApp number. The fraudsters demanded money to "resolve" the case. Fearing threats, the complainant allegedly transferred Rs 1.7 crore through RTGS in batches of Rs 53 lakh, Rs 74 lakh, and Rs 44 lakh between November 13 and 19. A case has been registered at the CEN police station and an investigation is ongoing.

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