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Gmr News

Delhi's IGI airport best in India and South Asia, 37th among world's top 50
The airport also improved its overall ranking to 37th from last year's 45th position, said the statement from GMR which added that it is the only airport from India to be included in the world's top 50 airports

A look at the current state of the Indian music industry
Amit Gurbaxani finds out why India might grow as a music market but won’t thrive and break into the world’s top ten

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

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.