Gmr

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Gmr - Total results - 121
COVID-19 impact: GMR's Delhi, Hyderabad airports to provide contact-less food service to air passengers
Business

COVID-19 impact: GMR's Delhi, Hyderabad airports to provide contact-less food service to air passengers

GMR said that as social distancing has become the new norm due to the pandemic, the company took many initiatives to enhance passenger safety and comply with COVID-19 safety measures.

GMR airport sells 49% stake for Rs 10,780 cr to France's Groupe ADP; move to help reduce debt burden
Business

GMR airport sells 49% stake for Rs 10,780 cr to France's Groupe ADP; move to help reduce debt burden

Out of the total amount, Rs 9,780 crore would be towards secondary sale of shares by GMR group and Rs 1,000 crore would be equity infusion in GAL

DIAL gets green nod for Rs 1,310-cr commercial building project in Aerocity; begins phase-2 of Airport Land Development
Business

DIAL gets green nod for Rs 1,310-cr commercial building project in Aerocity; begins phase-2 of Airport Land Development

The nodal ministry has given the environment clearance (EC) to DIAL's two proposed projects with some conditions after taking into account the recommendation of its expert committee.

Maldives not to press for income tax, fines of over $20 mn from GMR on Male airport contract compensation
Business

Maldives not to press for income tax, fines of over $20 mn from GMR on Male airport contract compensation

In a statement issued on 23 May, the Maldivian Attorney Generals Office has said no sum will be imposed on GMR by the Maldives Inland Revenue Authority on the final award sum in respect of taxes.

Power gencos outstanding dues on discoms jumps 63% to nearly Rs 39,000 cr in March; sector's stress mounts
Business

Power gencos outstanding dues on discoms jumps 63% to nearly Rs 39,000 cr in March; sector's stress mounts

According to PRAAPTI portal, distribution companies owed a total of Rs 23,699 crore to power generation companies in March 2018.

Hyderabad airport stake sale: Malaysia's MAHB terminates pact with GMR; talks underway for fresh agreement
Business

Hyderabad airport stake sale: Malaysia's MAHB terminates pact with GMR; talks underway for fresh agreement

While MAHB on Wednesday announced it has terminated the share purchase agreement, GMR on Thursday said it is in discussions to enter into a fresh pact with the Malaysian entity.

Several firms snap ties with Suhel Seth's brand consultancy Counselage after sexual misconduct allegations
Business

Several firms snap ties with Suhel Seth's brand consultancy Counselage after sexual misconduct allegations

Seth played a key role in rebuilding the Tata brand in the wake of abrupt sacking of then Tata Sons chairman Cyrus Mistry in 2016.

Maldives crisis: India must reassess intervention strategy, look to counter 'proxy' Chinese influence
World

Maldives crisis: India must reassess intervention strategy, look to counter 'proxy' Chinese influence

New Delhi must assess whether President Abdulla Yameen's baiting of India is spurred by his political situation or by a certain foreign power.

First phase of runway preservation project completed at the Rajiv Gandhi International Airport
India

First phase of runway preservation project completed at the Rajiv Gandhi International Airport

The Rajiv Gandhi International Airport, recently completed its first phase of pavement preservation of its main runway.

Indira Gandhi International Airport's Twitter account gets hacked, internal enquiry initiated
News & Analysis

Indira Gandhi International Airport's Twitter account gets hacked, internal enquiry initiated

The hackers had posted a derogatory message on Delhi Airport's Twitter handle which was removed in ten minutes by the authority.

T20 Global League: Shah Rukh Khan buys Cape Town franchise; GMR get Johannesburg team
First Cricket News

T20 Global League: Shah Rukh Khan buys Cape Town franchise; GMR get Johannesburg team

Through the T20 Global League, Cricket South Africa plan to compete with Australia's Big Bash League and India's Indian Premier League.

Delhi International Airport Ltd and Vodafone India partner to provide Wi-Fi
News & Analysis

Delhi International Airport Ltd and Vodafone India partner to provide Wi-Fi

Delhi International Airport (Pvt) Ltd (DIAL) and Vodafone India have partnered to provide high-speed Wi-Fi services at both terminals of the Indira Gandhi International (IGI) Airport, a company statement said here on Tuesday.

Delhi Court issues non-bailable warrant against Vijay Mallya; seeks MEA's support
Business

Delhi Court issues non-bailable warrant against Vijay Mallya; seeks MEA's support

In more trouble for Vijay Mallya, Delhi's Patiala House Court issued non-bailable warrants against the liquor baron on Saturday, in the 2012 cheque bounce case filed against him by the GMR Hyderabad International Airport Ltd.

Cheque bounce case: Mallya order postponed to 25 May
Business

Cheque bounce case: Mallya order postponed to 25 May

A Hyderabad city court on Monday postponed till 25 May its order on the quantum of sentence for industrialist Vijay Mallya in two cheque bounce cases filed against him by the GMR Hyderabad International Airport Ltd.

Cheque bounce case: Court to pass order against Mallya on May 9
Business

Cheque bounce case: Court to pass order against Mallya on May 9

A local court today said it will pronounce on May 9 its order on the quantum of sentence for beleaguered industrialist Vijay Mallya, who was convicted in two cheque bounce cases filed against him by GMR Hyderabad International Airport Ltd.

Why are private consortia of Delhi and Mumbai airports averse to CAG audit?
Business

Why are private consortia of Delhi and Mumbai airports averse to CAG audit?

Operators of both airports also argue that the Airports Authority of India, which is seeking an audit by the CAG,has not made known any doubts nor sought any clarifications from the board of directors of either airport

Has Rajasthan pipped Uttar Pradesh for second NCR airport?
Business

Has Rajasthan pipped Uttar Pradesh for second NCR airport?

Zevar does not only face political uncertainty, there are other issues involved as well.

Delhi airport land deal under CBI scanner for alleged irregularities
Business

Delhi airport land deal under CBI scanner for alleged irregularities

According to sources, the 190 acres in question was land which was given by AAI on lease to the GMR-led consortia after it became clear that a Shiva idol and some other impediments will hamper the alignment of one of the runways at the airport.

Sniffing irregularities CAG seeks special audit of Delhi airport operator
Business

Sniffing irregularities CAG seeks special audit of Delhi airport operator

Sources told CNBC-TV18 that the CAG held a meeting with senior officials of the Ministry of Civil Aviation and DIAL officials about a month back where it sought a special audit.

AAI could lose Rs 900 cr this fiscal if charges are lowered at Delhi airport
Business

AAI could lose Rs 900 cr this fiscal if charges are lowered at Delhi airport

The airport regulator AERA wants to reduce aeronautical charges (levies airlines pay for landing, parking etc) at Delhi airport by a steep 78%. If the Government allows AERA to do this, it is working against itself since it remains a stakeholder in the airport project. But If the Government allows the regulator to maintain aeronautical charges, there could be allegations of hurting airlines' bottomlines.