Editor
The National Investment and Infrastructure Fund (NIIF) will invest Rs 675 crore in GMR Visakhapatnam International Airport Limited (GVIAL), a special purpose vehicle to develop and operate the Bhogapuram International Airport (BIA) in Andhra Pradesh.
The deal involves NIIF, a large investment platform anchored by the Government of India, making a primary investment in the form of Compulsorily Convertible Debentures (CCDs) which will be…
