Gmr Infrastructure

Tata Group, GIC, SSG Capital Management to buy stake in GMR Airport by investing Rs 8,000 cr

As part of this transaction, GMR Infrastructure also intends to provide exit to existing private equity investors who hold 5.8 percent equity stake in GMR Airport Ltd.

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.

MAHB cancels Hyderabad airport stake sale pact with GMR as buyer fails to fulfil obligations before 31 Dec

GMR Airports Limited entered into a pact with Malaysia Airports Holding Berhad and its subsidiary to acquire 11 percent stake that the Malaysian firm is holding in GMR Hyderabad International Airport.

GMR Infra awards Rs 3,028 cr contract for Hyderbad airport expansion to L&T

Hyderabad airport expansion works are expected to be completed in 42 months from the date of award, GMR said

BUDGET: Sector Wise Impact According To India Inc

Indian industry stalwarts talk about how the Budget faired with respect to their respective businesses.

GMR wins int'l arbitration against Maldives, gets $270 million payout

GMR Group today said it has won an international arbitration against the Maldives government and has been awarded USD 270 million as compensation from the island nation after its contract to build an international airport in Male was arbitrary cancelled.

GMR Infrastructure to develop Mopa airport in Goa

Bangaluru-based GMR Infrastructure has won the final financial bid for construction of the greenfield airport at Mopa in North Goa, Chief Minister Laxmikant Parsekar announced here on Friday.

GMR plans to cut its soaring debt, but infra arm faces exhcange ire over fund raising news

Group is planning to reduce its corporate debt by 20-30% over the next one-and-a-half years

Maldives tweaks law on foreign freeholds, China likely to edge India on investment

India seems to be losing its influence on Maldives as a major power in the region following the fall of former president Mohammed Nasheed.

Power firms' losses may mean no electricity for days

India's power distribution companies are facing a tough time, thanks to rising debts, fuel supply shortages, corruption, red tape and high tariffs which were kept artificially low by populist politics all these years.