Gmr Male-international-airport

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

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.

Maldives snaps $500 million GMR deal, India unhappy
Business

Maldives snaps $500 million GMR deal, India unhappy

India also asked Maldives to ensure protection of Indian interests and security of its nationals in the island nation.<br /><br />