Prove financial capability: Cidco puts GVK in dock over Navi Mumbai airport.

Maharashtra government body City and Industrial Development Corporation (Cidco), which owns 26 per cent in the Rs. 17,000-crore Navi Mumbai International Airport (NMIAL) project, has asked the GVK group to prove it has the financial capability to complete the project after its group companies were downgraded by a series of rating firms.

BS