Latest news with #BangaloreInternationalAirportLimited
The Hindu
a day ago
- The Hindu
Bengaluru airport asks passengers to arrive early in view of I-Day security
Due to heightened security measures during the Independence day celebrations, the Bangalore International Airport Limited (BIAL) operators of the Kempegowda International Airport (KIA) have issued a passenger advisory asking passengers to plan and reach the airport early. 'We are expecting a surge in passenger volumes during the Independence day week. Owing to the high security measures in August, there may be delays in passenger processing at the airport. Passengers are advised to plan their travel to the airport to allow sufficient time for security checks,' the advisory states. It also asked passengers to reach out to their respective airline for further information.
The Hindu
2 days ago
- Business
- The Hindu
Uber launches India's first dedicated Uber Black pickup zone at Bengaluru airport
Uber, in partnership with Bangalore International Airport Limited (BIAL), introduced India's first dedicated Uber Black pickup zones at Kempegowda International Airport (KIA), enhancing the premium travel experience for passengers at both Terminal 1 and Terminal 2. The initiative, launched on August 11, also covers Uber Comfort rides. It is aimed at offering a seamless transition between air and ground travel, according to Uber. Uber launches India's first @Uber_India Black pickup zones at Bengaluru Airport's Terminal 1 & Terminal 2 in partnership with @BLRAirport today. @the_hindu@ — Darshan Devaiah B P (@DarshanDevaiahB) August 11, 2025 The new zones feature enhanced amenities such as water dispensers, charging stations, a staffed helpdesk kiosk, and trained on-ground personnel to assist passengers. Uber stated that high-rated drivers and well-appointed vehicles are part of the service, ensuring a more refined commuting option for airport travellers. This marks the ride-hailing company's first-ever Uber Black zone at any airport in India. Arnab Kumar, Director of Business Development for Uber India and South Asia, said, 'Bengaluru airport is one of the busiest and most important airports in India. With the introduction of Uber Black pickup zones for Uber Black and Uber Comfort, we are enhancing the travel experience from the moment passengers step out of the terminal.' A BIAL spokesperson said, 'The dedicated pickup zones for Uber Black and Uber Comfort are a step forward in our vision to deliver seamless, high-quality experiences at every stage of travel.' KIA, which handled over 41.88 million passengers in FY 2024–25, is the busiest airport in south India, and the third largest in India. It recently surpassed 350 million cumulative passengers since its inauguration, and remains India's leading airport for perishable cargo for the fourth consecutive year.
Economic Times
01-08-2025
- Business
- Economic Times
BIAL completes India's largest unlisted bond issuance in the airport sector, raising Rs 9,000 crore
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Bangalore International Airport Limited ( BIAL ), operator of Kempegowda International Airport Bengaluru on Friday announced that it has successfully concluded the largest unlisted private placement of Non-Convertible Debentures (NCDs) in India's airport sector, raising a total of Rs 9,000 deal is completed, officials said. The transaction is being undertaken in two tranches of Rs 4,362 crore completed on July 25, 2025, and Rs 4,638 crore scheduled for early October 2025. SBICAPs acted as the sole arranger for this landmark issuance, it to an official statement, with a 15-year tenure, the refinancing allows BIAL to conserve capital and focus resources on funding future expansion plans. The transaction also provides significant savings in borrowing cost, driven by the AAA credit rating , a shift from MCLR-linked (Marginal Cost of funds-based Lending Rate) to fixed interest rate, and the extended maturity profile."This landmark issuance is a significant milestone for BIAL as it not only reflects strong investor confidence in our long-term vision, but also strategically strengthens our financial position ahead of the next phase of expansion. The refinancing enables us to optimise our capital the long-tenor structure and improved credit rating will translate into greater value for our stakeholders, including passengers and airline partners, through enhanced affordability and infrastructure development," Bhaskar Rao, Chief Financial Officer, BIAL, Airport is India's first greenfield airport developed under the PPP (Public Private Partnership) model. It is the busiest airport in South India and the third largest in the country, the statement added.
Time of India
01-08-2025
- Business
- Time of India
BIAL completes India's largest unlisted bond issuance in the airport sector, raising Rs 9,000 crore
Bangalore International Airport Limited ( BIAL ), operator of Kempegowda International Airport Bengaluru on Friday announced that it has successfully concluded the largest unlisted private placement of Non-Convertible Debentures (NCDs) in India's airport sector, raising a total of Rs 9,000 crore. The deal is completed, officials said. The transaction is being undertaken in two tranches of Rs 4,362 crore completed on July 25, 2025, and Rs 4,638 crore scheduled for early October 2025. SBICAPs acted as the sole arranger for this landmark issuance, it said. Explore courses from Top Institutes in Please select course: Select a Course Category Project Management MCA PGDM Product Management Artificial Intelligence Degree Management Public Policy Technology Others Data Science Digital Marketing Cybersecurity others Operations Management Data Analytics Data Science Leadership Design Thinking Finance Healthcare CXO healthcare MBA Skills you'll gain: Project Planning & Governance Agile Software Development Practices Project Management Tools & Software Techniques Scrum Framework Duration: 12 Weeks Indian School of Business Certificate Programme in IT Project Management Starts on Jun 20, 2024 Get Details According to an official statement, with a 15-year tenure, the refinancing allows BIAL to conserve capital and focus resources on funding future expansion plans. The transaction also provides significant savings in borrowing cost, driven by the AAA credit rating , a shift from MCLR-linked (Marginal Cost of funds-based Lending Rate) to fixed interest rate, and the extended maturity profile. Bonds Corner Powered By BIAL completes India's largest unlisted bond issuance in the airport sector, raising Rs 9,000 crore Bangalore International Airport Limited (BIAL), operator of Kempegowda International Airport Bengaluru on Friday announced that it has successfully concluded the largest unlisted private placement of Non-Convertible Debentures (NCDs) in India's airport sector, raising a total of Rs 9,000 crore. Long-dated euro zone bonds sell off; Trump slaps on tariffs Trump's tariffs hit India: What it means for GDP, debt and equity markets GMR Airports finalises details of its biggest bond issue: Report India 10-year bond yield tests key level amid weaker rupee, hawkish Fed Browse all Bonds News with "This landmark issuance is a significant milestone for BIAL as it not only reflects strong investor confidence in our long-term vision, but also strategically strengthens our financial position ahead of the next phase of expansion. The refinancing enables us to optimise our capital structure. Importantly, the long-tenor structure and improved credit rating will translate into greater value for our stakeholders, including passengers and airline partners, through enhanced affordability and infrastructure development," Bhaskar Rao, Chief Financial Officer, BIAL, added. Live Events BLR Airport is India's first greenfield airport developed under the PPP (Public Private Partnership) model. It is the busiest airport in South India and the third largest in the country, the statement added.
The Hindu
03-06-2025
- Entertainment
- The Hindu
Museum of Art & Photography installations to be exhibited at KIA Bengaluru
The Kempegowda International Airport (KIA) has partnered with the Museum of Art & Photography (MAP), Bengaluru to offer passengers a unique cultural experience in its Terminal 2 (T2). The Bangalore International Airport Limited (BIAL) which operates KIA, stated that this collaboration aims to transform the airport into a dynamic cultural hub, allowing travellers to engage with the rich tapestry of South Asian art and heritage during their journeys. Through thoughtfully curated interactive installations, featuring the works of celebrated artists, passengers will have the opportunity to explore and connect with the region's diverse creative legacy. T2 is already home to a collection of 210 carefully curated artworks by more than 60 artists. What can passengers explore? At T2's domestic terminal, passengers can enjoy a suite of immersive digital experiences curated by MAP which include: Gallery on Demand – Step into a world of artistic exploration with a rich digital library featuring works by renowned artists such as Jamini Roy, Jangarh Singh Shyam, Jyoti Bhatt, Suresh Punjabi, and L.N. Tallur. The platform also brings MAP's extensive film ephemera collection to life through curated stories built around Bollywood posters, stills, and lobby cards. From tracing the evolution of the tawaif figure to embarking on a journey through Arabian Nights, these narratives captivate and inform. A series of short films further offers intimate insights into the lives and practices of selected artists from the MAP collection. Interactive Puzzles – Engage with iconic artworks like Universe by S.H. Raza, Last Supper by Jamini Roy, and The Lotus Sellers by N.S. Bendre through touch-based puzzles that make art both playful and thought-provoking. Digital Lamp Lighting – Rooted in Indian tradition, lighting a lamp marks the beginning of something auspicious. This interactive feature lets travellers digitally light a lamp from MAP's collection by scanning a QR code and personalising the moment with their name — a small but meaningful pause in the journey. Cumulus – Digital Collection Viewing System – Dive deep into MAP's digitised archive using Cumulus, an intuitive application that lets users search, zoom, curate, and share artefacts. With tools for closer inspection and personal collection building, it's an ideal gateway for both casual discovery and deeper research. Virtual Greetings – Send animated digital festival and occasion-based greetings inspired by artworks in MAP's collection. Travellers can also explore an exclusive retail zone featuring MAP collection-inspired home and lifestyle products — ideal for souvenirs, gifts, or a personal piece of art to take home. T2's international terminal will host an exhibition 'Bhuri Bai: My Life as an Artist', spotlighting the journey of Padma Shri awardee Bhuri Bai. Hari Marar, MD & CEO, Bangalore International Airport Limited (BIAL), said, 'At KIA, we're reimagining what it means to travel — not just as a journey from one place to another, but as an experience enriched by culture, creativity, and connection. Our collaboration with MAP is a step in realising that vision, aiming to transform Terminal 2 into a vibrant hub of discovery and engagement. By bringing art into the passenger journey in such an accessible and interactive way, we hope to offer travellers moments of pause, inspiration, and reflection. It's our way of weaving the cultural richness of the region into the overall airport experience.'
