Maldives has ruled out any possibility of return of Indian infrastructure giant GMR in the over USD 500-million Male airport project but sa...

The Maldivian government has debunked the calculations and insisted on getting a forensic audit done through an international firm.

GMR says it "feels cheated" for having the contract cancelled over an illegal component present in it, which they were not aware of.

The government asked Maldives to control any quarters which may be trying to harm bilateral relations saying the issue should not put a 'qu...

In a clear message to Maldives, India today said it would like to see "fulfilment" of all legal processes.

Maldives asserted that it will go ahead with the takeover of the Male International Airport from GMR Infrastructure.

D M Mulay has been appointed as India's Consul General in New York. He will be assuming charge in March 2013, sources said.

India today said it expected no arbitrary and coercive action should be taken pending the outcome of legal proceedings on the GMR contract ...

Stating that GMR Infrastructure has not invested in Maldives "to be compensated", the company has said it will take all "legal remedies" to...

The Maldives govt rejects Singapore court's order to suspend termination diktat; says it will operate Male airport from Saturday

The govt's decision is non-reversible and was based on legal advice we got from our lawyers in UK and Singapore, a Maldives official said.

The Singapore HC stayed the Maldives government's decision to terminate the $500 million contract awarded to infrastructure major GMR-led c...

Axis Bank has sent a legal notice to the Maldives government to recover its $350 million loan given to GMR Infrastructure.

The move violates the spirit of International Concession Agreement which was signed after biding global tender by the GMR Group, the chambe...

The President's remarks which said Maldives should ensure that safety of Indian interests and its nationals are "fully protected" in that c...

The company said that this unlawful and premature notice on the pretext that the Concession Agreement is void is completely devoid of any l...

The $500-million project was hanging in balance ever since the regime change in Maldives earlier this year.