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GMR HIGHWAYS
Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...
Is Noida airport really a threat for GMR-owned Delhi airport? JM Financial analysts decode impactNoida International Airport's opening will not severely affect Delhi airport's business. Experts predict only a small passenger shift, main...
GMR Highways raises Rs 700 cr debt to prepay Yes BankGMR Highways has raised ₹700 crore debt from foreign portfolio investors Zeal Global Opportunities Fund and Nova Global Opportunities Fund ...
GMR to sell road project stake to JV partner for reducing its debtThe project, executed under special purpose vehicle GMR OSE Hungund Hospet Highways Pvt, was bagged by the JV in 2010 under build-operate-f...
GMR in pact to sell Karnataka road stake to JV partner to pare debtGMR Infrastructure is in pact to sell its 51% stake in a Karnataka road project to its joint venture partner to pare debt, the company said...
GMR announces completion of Chennai Outer Ring Road projectGMR Infrastructure today announced completion of Chennai Outer Ring Road Phase 1 project in Tamil Nadu, which will add Rs 118 crore per ann...
GMR Urban completes Chennai Outer Ring Road project Phase 1Completed on design, build, finance, operate and transfer basis, the road venture connects Vandalur on NH-45 to Nemillicheri on NH-205 via ...
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.
- MoEF moves swiftly on clearances for shelved highway project
'Environment minister Jayanthi Natarajan approved file granting environmental clearance for upgradation of Kishangarh-Ahmedabad national hi...
GMR Infrastructure slips on NHAI highway project exitAt 10:00 am, GMR Infra was trading 1.7 per cent lower at Rs 20.20. It has hit a low of Rs 19.85 and a high of Rs 20.30 in trade today.
- NHAI terminates GMR Infra contract
GMR Infrastructure today said the National Highways Authority of India has terminated its contract for building the Kishangarh-Udaipur-Ahme...
- GMR Infrastructure shares up 5.9% after talks with Khazanah and SBI Macquarie for road assets
GMR Infrastructure has touched a high of Rs. 21.55 within the day and has seen an intraday low of Rs. 20.35 at 1.57 pm on Wednesday.
- Khazanah JV and SBI Macquarie may invest in GMR's road assets
Malaysian sovereign fund Khazanah and SBI Macquarie have emerged as potential investors in Bangalore-based diversified conglomerate GMR Gro...
- GMR to launch first long-term infrastructure bonds
GMR will launch the country's first long-term infrastructure bonds issue next month to raise Rs 360 crore for its highway project.
- GMR to launch India's first long-term infra bonds in May
Indian infrastructure conglomerate GMR group will launch the country's first long-term infrastructure bonds issue next month to raise Rs 36...
- GMR Infrastructure in talks to raise $300 million via stake sales in road assets
GMR Infrastructure is in talks with private equity investors to raise $250-300 million through stake sales in some of its road projects.
- GMR Infrastructure wins 555 km mega highway project
The group won the first highway project in Western India through international competitive bidding at Rs 636 crore annual premium for 26 ye...
- GMR may bag Rs 1,100-cr road project
A consortium led by GMR Infrastructure has emerged as the lowest bidder for a Chennai road project, the construction company said on Friday.
- GMR's NAPC Consortium wins bid for Rs 1100 cr road project
In about 36 months, there would be a six lane state highway at the periphery of Chennai, enabling south to north travelers to completely by...
- GMR Infra may take PE route to raise up to Rs 3k cr
GMR Infrastructure is planning to raise Rs 2,000-3,000 crore growth capital through the private equity route to bid for new projects in hig...