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GMR GROUP NEWS
MAHB cancels Hyderabad airport stake sale pact with GMR Hyderabadwith the terms of the SPA by 31 December 2018.Therefore, MAHB.03 Jan, 2019, 11.16 AM IST- GMR Infra settles arbitration with PE investors for 5.86% equity in GAL, Rs 3,560 cr cash paymentArbitration proceedings were headed by the Singapore International Arbitration Centre.08 Oct, 2018, 11.18 AM IST
- GMR Infra has little to show other than fall in debtBanks, with unpaid outstanding loans, have taken over the firms' energy assets, resulting in the liability moving out of GMR's books.05 Jun, 2017, 09.28 AM IST
- Nettled by investors, GMR Airports looking to raise Rs 2,500 crore; IPO plans put on holdWith the IPO in the backburner, sources say GMR had invoked its call option to redeem the instruments, now worth Rs 3,200 crore, by June en...07 Oct, 2015, 04.00 AM IST
- GMR Group in race for Malta power plantGMR will have to compete with other bidders such as oil major Royal Dutch Shell, Italian utility Edison and China's state-owned CPECC.30 Jun, 2013, 02.05 PM IST
- GMR Infrastructure looks to sell stake in four road assets to raise Rs 1,800 croreInfrastructure major has initiated talks with Morgan Stanley, Citigroup VC, SBI Macquarie and ICICI Venture to raise Rs 1800 cr.09 May, 2013, 09.44 AM IST
- Preliminary hearing on GMR arbitration next monthMaldives terminated the contract given to Indian infrastructure major GMR to develop and operate the international airport in Male.28 Mar, 2013, 03.41 PM IST
- GMR infrastructure gains 3% on stake sale plans to pare debtThe move is part of its ongoing portfolio churn that will help the group pare its consolidated net debt of Rs 37, 681 cr as on Dec 201205 Mar, 2013, 10.13 AM IST
- Income Tax department conducted search operation on GMR properties: Govt informs ParliamentThe government today informed Parliament that Income Tax department had conducted search operations on the GMR Group offices for alleged vi...13 Dec, 2012, 05.12 PM IST
- GMR Maldives spat: Faceoff continues over Male airport, govt rejects Singapore court's orderThe Maldives govt rejects Singapore court's order to suspend termination diktat; says it will operate Male airport from Saturday04 Dec, 2012, 05.23 AM IST
- GMR Infrastructure's chairman G M Rao raises stake, buys shares worth Rs 1.61 crGMR Infrastructure's chairman G M Rao has increased his personal stake in the company by buying shares worth Rs 1.61 crore.30 Nov, 2012, 08.17 PM IST
- GMR Infrastructure hits 52-week low as Maldives scraps $ 500 mn airport projectGMR Infra slipped over 4% to hit its 52-week low of Rs 16.75 in early trade after the Maldives terminated the $500 mn GMR airport project.29 Nov, 2012, 10.09 AM IST
- I-T searches at GMR offices across the country; reason for the searches not knownIncome Tax Dept carried out searches at the offices of GMR group at several locations spread across the country suspecting possible tax eva...12 Oct, 2012, 12.22 AM IST
- GMR puts sugar biz on the blockThe promoters of GMR Group, one of the fastest growing infrastructure organisations with interests in airports, energy, highways and urban ...28 Dec, 2009, 10.44 AM IST
- GMR's sugar business on blockThe promoters of GMR Group are looking to exit their sugar business.28 Dec, 2009, 01.35 AM IST
- GMR Infra calls off Rs 2k cr QIPGMR Infrastructure was on Tuesday forced to abandon its attempt to raise $500 million (Rs 2,000 crore) in off-market share sales to institu...01 Jul, 2009, 03.10 AM IST
- NDTV, Shell FDI proposals okayedThe government on Monday cleared 18 foreign direct investment proposals involving Rs 118.93 crore. • Kinetic to launch 4 bikes in Oct22 Sep, 2003, 08.14 PM IST
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