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GMR GROUP CONSOLIDATION
GMR Airports hikes stake in Delhi airport operator DIAL to 74 pcGMR Airports Ltd has increased its stake in Delhi International Airport Ltd (DIAL) to 74% after acquiring a 10% share from Germany's Frapor...- GMR Airports raises ₹1,100 cr via NCDs from Deutsche BankGMR Airports will utilize the proceeds to finance its acquisition of Fraport's stake in Delhi International Airport (DIAL). In September la...
- GMR Sports refinances Rs 1,000 crore debt via ADIA, BarclaysGMR Sports Ventures refinanced ₹1,000 crore of debt through ADIA and Barclays at a lower double-digit interest rate. The bonds, originally ...
- GMR buys out Fraport's 10% in Delhi Airport for Rs 1,058 croreGMR Fraports Stake Buy Deal: GMR Airports has acquired Fraport's 10% stake in Delhi airport for $126 million, increasing its share to 74%. ...
- GMR Airports to acquire 10% stake in Delhi International Airport at estimated $126 millionGMR Airports Infrastructure will acquire a 10% stake in Delhi International Airport Limited (DIAL) from Fraport AG for $126 million. GMR, w...
- JSW-GMR joint venture buys 2 cricket franchises for over ₹400 crJSW GMR Cricket, which owns the Delhi franchise in the Indian Premier League (IPL) and Women's Premier League (WPL), has agreed to pay over...
- GMR Infra rallies 10% on group rejig planThe board of GMR Infra also approved raising up to Rs 5,000 crore through issuance of securities.
- Covid-19 Impact: JSW Energy terminates Rs 5,321 cr deal to acquire GMR Kamalanga EnergyIn February, JSW Energy had signed a share purchase agreement to acquire 100 per cent of GMR Kamalanga Energy, which owns and operates a 1,...
- GMR's loss widens to Rs 457 crore in Q2The airport generated cash profit of Rs 135 crore in Q2FY20 vis a vis 88 crore in Q2FY19.
- GMR sells stake in Chhattisgarh power plant to Adani Power for Rs 3000 crBankers to the project had opted for change in management of the stressed plant held by GMR Generation Assets Ltd, a wholly owned subsidiar...
- Impairment hit: GMR Infra's Q4 loss at Rs 2,341 croreConsolidated total income stood at Rs 2293.63 crore during the quarter under discussion.
- GMR Infra sells stake in power transmission assets to Adani TransmissionWhile MTSL operates 270 km of 400 kv / 220 kv transmission lines in Rajasthan, ATSL runs 96 km of 400 kv transmission line in Rajasthan.
- GMR Infra not to sell controlling stake in Hyderabad Airport"We completely deny sale of controlling stake in Hyderabad Airport,"GMR Infrastructure said in a clarification to the BSE.
- GMR Infra to restructure holdings in GMR AirportsDiversified group GMR Infrastructure said agreements have been executed for the proposed restructuring of holdings in GMR Airports Ltd.
- Fairfax Holdings, Changi in talks with GMR to invest Rs 3,200 crore for 30% stake in airport bizFairfax Financial Holdings and Singapore’s Changi Airports International are in talks with GMR Group to invest around Rs 3,200 crore to pic...
- GMR Infrastructure to consolidate holdings in GMR AirportsGMR Infrastructure will acquire shares from investors in its subsidiary GMR Airports as the company looks to consolidate its holdings.
- GMR sells 74% stake in a highway project to IIFGMR Group today said it has sold its 74 per cent stake in a 73-km long highway project to India Infrastructure Fund (IIF).
- GMR sells 74% stake in highway project for Rs 222 cr to IDFC fundThis is the second divestment by GMR in its roads portfolio in the last six months. The company is raising funds to pare debt.
- GMR Infra posts Rs 1,006 cr loss for Jan-Mar quarterGMR Infrastructure reported a consolidated net loss of Rs 1,006.70 crore for the quarter ended March 31, 2011, due to one time loss incurre...
- GMR Group to consolidate airport businessThe parent company is transferring its stake in the Delhi International Airport Limited & Hyderabad Airport to its airport subsidiary.
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