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...
US Fed rate cut predictions: Big interest rate cut expected in Federal Reserve meeting?US Fed rate cut is expected in December in the Federal Reserve meeting.
French airport worker unions call for strike week before Paris OlympicsParis airport unions strike before Paris Olympics over bonuses, criticising Groupe ADP's selective payout. Potential disruptions at Charles...
GMR Airports Infra Q3 Results: Co swings to loss on increase in finance costsThe operator of India’s busiest airport in Delhi posted a loss of Rs 486 crore in the October-December quarter from a net profit of Rs 106 ...
Flying taxis star at Paris Air Show, next stop: the OlympicsFor the VoloCity made by German firm Volocopter, the next stop is the 2024 Olympic Games in Paris, when it plans to ferry passengers across...
CCI clears GMR Airports Infra-Aeroports de Paris SA dealThe Competition Commission of India (CCI) has cleared the deal. It has also given nod to the proposed intra-group merger of GMR Airports Lt...
GMR Airports Infra announces merger with GMR AirportsThe merger will be a significant step towards further strengthening of the balance sheet to capitalise on upcoming growth opportunities, GM...
French Groupe ADP and GMR sign agreement to share expertise“Groupe ADP and GMR want to further strengthen their cooperation to identify areas of synergy and seize new opportunities to improve effici...
Aspirational districts programme shifts the focus back on developmentThe ADP has made huge strides towards achieving the targets in the health and education sectors. In these two sectors, the districts have p...
India well-poised for digital transformation of manufacturingThe discourse on advanced digital technologies is most current as the COVID19 pandemic illustrated that the digital age is truly upon us. A...
GMR closes stake sale deal in airport biz to France’s ADPThe release added that Groupe ADP has increased earn-outs for GMR.
Deal to sell 49% in GMR Airports on track, says GMR GroupIn February, GMR Group had signed an agreement with France’s Groupe ADP to divest 49% stake in GAL.
GMR receives Rs 5,248 crore from Groupe ADPGMR Infrastructure said the group has received Rs 5,248 crore towards first tranche of payment from Groupe ADP.
GMR Infra shares soar over 12% on stake sale in airport bizOn the NSE, the scrip was trading at Rs 26.30, up 11.21 per cent.
Competition Commission of India gives nod to GMR-Groupe ADP deal for airport businessCompetition Commission of India has given approval for GMR group's proposed 49 per cent stake sale in its airport business to France's Grou...
France’s Groupe ADP to buy 49% stake in GMR Airports for Rs 10,780 crore“Groupe ADP will be granted extended rights including the presence of board members at GMR Airports' board equal to that of GMR Infrastruct...
Advanced developing countries quartet BASIC puts out vision of proposed Paris AgreementBASIC stressed on the need to fulfill the commitments made by industrialised countries to reduce carbon emission and provide support to dev...