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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...- Paris airport operator to sell up to 7.3% stake in GMR Airports in over $1 billion deal, retains co-promoter statusGroupe ADP will sell a portion of its stake in GMR Airports. The deal is valued at up to €924 million. ADP will keep its co-promoter status...
- GMR Airports shares can rally 19% says JM Financial after initiating with Buy. 6 reasons whyShares of GMR Airports, one of the world’s leading operators, can rally as much as 19% from current market levels, JM Financial said after ...
- Airport Firm GMR mulls rupee-bond sale of Rs 5,000 croreGMR Airports Ltd. is considering a Rs 5,000 crore ($579 million) local-currency bond sale, according to people familiar with the matter, in...
- GMR Infra now plans to sell 49% in airport business to Tata-led consortiumThe group had earlier announced offloading 44.44 % shareholding in the airport business.
- Fraport makes fresh attempt to exit Delhi Airport consortiumFraport has also approached the state-run National Investment and Infrastructure Fund (NIIF) to buy its stake. NIIF, along with Gulf sovere...
- Amazon expands its logistics space in HyderabadAmazon, which has committed investment to the tune of $5 billion, is pumping funds to expand infrastructure and its technology platform in ...
- Tata Group, SSG and GIC likely to acquire a stake in GMR airportsGIC pipped Japanese diversified conglomerate Mitsubishi — the other entity GMR had been in advanced talks with — to clinch the deal.
- Power plants with critical stocks down to oneGMR’s Warora Thermal Power Station, the only plant with critical stock, however, is currently holding 4 days stock according to data compil...
- GMR deal: Vijay Mallya faces arrest warrantGMR Hyderabad International Airport listed non-payment of parking, landing and navigation charges by the airline which is grounded since Oc...
- 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 Energy’s Gujarat solar power plant gets IMS certificationThe award has been given for effectively managing the quality, environment and occupational health and safety at its 25 MW power project.
- GMR continues to pursue its $1.4 billion compensation claim against MaldivesWith a legal tussle on between Maldivian govt & GMR over termination of contract to develop Male airport, Indian infra firm stood by its co...
- Philippines awards $390-million Cebu airport deal to GMR-Megawide groupGMR and Megawide submitted best bid for biggest infrastructure deal offered to investors so far under the government's PPP programme.
- Changi consortium alleges conflict of interest from GMR Infra in bid for Mactan-Cebu projectGMR Infrastructure is battling allegations of conflict of interest from a rival bidder which failed to match its financial offer for a pres...
- GMR Infra: Short-term negatives remain; should reward in long termRevenue is expected to grow modestly in the 3rd qtr, due to traffic growth in the airport division and higherplant load factor in the power...
- GMR inks pact to sell entire 40% stake in Istanbul Airport JV for Rs 2,500 croreMalaysia Airports Holdings owns 20% in the Istanbul Airport while Limak Holdings has 40% stake. Both hold rights of refusal over GMR’s hold...
- 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 Infrastructure: Airport tariff revision, gas supply hold keyThe Airport Economic Regulatory Authority has proposed to raise tariffs at Delhi by over three times, effective April.
- Govt rejects GMR's Hyderabad SEZ proposalThe decision was taken by an inter-ministerial Board of Approval, headed by Commerce Secretary Rahul Khullar, late last month, an official ...
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