MAHB cancels Hyderabad airport stake sale pact with GMR Hyderabadwith the terms of the SPA by 31 December 2018.Therefore, MAHB.
MAMPL exits DIAL, GMR airports acquires its 10% stakeGMR Airports has acquired 10 per cent additional stake from Malaysia Airports (Mauritius) Private Limited for a consideration of $80 millio...
GMR to buy additional 10% stake in Delhi airport for $79 millionMalaysia Airports (Mauritius) is a subsidiary of MAHB. Post the proposed acquisition, GMR Infrastructure's stake would rise to 64 per cent.
DIAL's Malaysian partner to sell entire 10 per cent stake for $79 millionMalaysia Airports Holdings today announced sale of its entire 10 per cent stake in Delhi International Airport for Rs 492 crore.
GMR completes divestment of Istanbul airport, gets Rs 1,740 crGMR Infrastructure today said it has completed the divestment of its 40 per cent stake in Istanbul international airport in Turkey to MAHB.
Missing MH370 plane: Security tightened in cockpits, airports in MalaysiaFlight security in the air and on the ground has been tightened at Malaysian airports with instructions on how many crew should be in the c...
GMR inks pact with MAHB to divest stake in Istanbul airportGMR Group has signed a definitive agreement with MAHB to divest its 40 per cent equity stake in Istanbul Sabiha Gökçen(ISG) and LGM Tourism.
MAHB plans to buy GMR's 40% stake in Turkish AirportGMR Infra holds 27.55% stake in Sabiha Gokcen airport, and its overseas firm GMR Infrastructure Overseas Ltd holds another 12.45%.
GMR Infra gains on plan to sell stake in Istanbul airportThe stock has surged over 14 per cent since last Tuesday as investors expect the company to use the proceeds to pare corporate debt.
Malaysia to stick to GMR to pursue global airport opportunitiesThe Malaysian govt still prefers to continue its alliance with GMR to bid for various global airport projects, said a senior Malaysian mini...
GMR Maldives spat: Malaysia to discuss issue with PM Manmohan SinghMalaysian government owned MAHB holds 23 per cent, while GMR holds 77 per cent stake in GMR Male International Airport Pvt Ltd.
Singapore High Court stays termination of GMR Male airport contractThe Singapore HC stayed the Maldives government's decision to terminate the $500 million contract awarded to infrastructure major GMR-led c...
Scrapping of contract with GMR sends very negative signal: IndiaIndia reacted sharply to Maldives govt's decision to scrap without due consultation the contract given to GMR Group.
- GMR Infra arm bags project for Male International Airport
The total cost of the modernisation and expansion project, estimated at $511 million, is being funded through a combination of debt and equ...
- GMR becomes first pvt company to operate airport outside India
GMR Group of Bangalore on Saturday become the first Indian company to operate an airport abroad with the formal opening of the new terminal...
- GMR plans aircraft parts assembly plant
Bangalore-based infrastructure developer GMR is in talks with aircraft component manufacturers such as Honeywell and Safran to set up a com...
- GMR eyeing projects in Middle-East, North Africa
Leveraging on its recent success in obtaining a contract to expand the Sabiha Gokcen International Airport at Istanbul, India's infrastruct...