Thursday, August 21, 2014

Singapore's Changi Airports International not picking up stake in GVK Airport Developers: Official

Hyderabad: Airport operator GVK Airport Developers Thursday said that Singapore's Changi Airports International is not picking up any stake in the company due to regulatory issues.
"Changi went back because of India story being bad like the Vodafone retrospective tax and introduction of the General Anti-Avoidance Rules (GAAR)," Issac George, chief financial officer, GVK Group said on the sidelines of the company's annual general meeting held here.
21/08/14 Economic Times
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