Thursday, March 29, 2007

GMR DIAL awarded license for Duty Free shops to Alpha - Pantaloon consortium

GMR Infrastructure Ltd has announced that the passengers arriving today at Indira Gandhi International Airport's International Terminal (Terminal 2) were in for a pleasant surprise with the opening of a brand new chain of duty free stores. Alpha Future welcomed customers to its first duty free shops in India offering an unparalleled collection of duty free items. Bigger than ever before - the duty free shops at IGI Airport present passengers with an exciting new duty free shopping experience.
Some of the world's most famous brands have now arrived at the Delhi airport. Earlier, Delhi International Airport (P) Ltd (DIAL) had awarded the Duty Free Shopping Contract for Indira Gandhi International Airport to 'Alpha-Pantaloon Consortium'. The consortium comprises the UK based Alpha Airports Group Plc and Pantaloon Retail (India) Ltd, a Future Group venture. The value of the contract for DIAL is at least Rs 500 crore. The term of the contract is 3.25 years.
28/03/07 Equity Bulls
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