China will not cut orders for Boeing, Airbus jets -regulator
Police and rescue team members stand around a Boeing 737 plane at International Airport in Mexico City September 9, 2009. An AeroMexico passenger plane was hijacked in Mexico on Wednesday and flown to the Mexican capital, but all of the around 100 passengers and crew got off the plane and five suspects were detained soon afterward, Mexican media said. Five handcuffed men were brought off the Boeing 737 plane on the tarmac at Mexico City international airport by police, shortly after around 100 passengers and the crew descended safely from the aircraft, local television images showed. REUTERS

GVK Power & Infrastructure Ltd said on Wednesday its unit signed an agreement to buy a 13.5 percent stake in Mumbai International Airport Pvt Ltd (MIAL) from Bid Services Division (Mauritius) Ltd.

As a result, GVK's stake in MIAL will increase to 50.5 percent. MIAL was awarded the mandate for operating and modernizing Mumbai's Chhatrapati Shivaji International Airport in April 2006.

GVK did not disclose financial details of the deal.

GVK is the largest stakeholder in MIAL, followed by the Airports Authority of India which holds 26 percent.

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