Searched for
MADHU TERDAL
Will focus on airport business, raise funds through divestment: Madhu Terdal, GMR InfrastructureIf the market improves, we may go for GMR Energy's initial public offer (IPO).
GMR Group to sell assets, refinance loans to cut debtSaddled with 200 billion rupees ($3.10 billion) in debt, GMR is exploring various options including raising 5-6 billion rupees by monetisin...
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 Infrastructure to raise Rs 4,000 crore in a year by selling projects, stakeThe loss-making infrastructure company plans to divest projects, monetise land assets and sell stake at holding company level to raise fund...
Power firms unlikely to place aggressive bids for de-allocated coal blocksOnly a few companies have the appetite and the ability to pay for these assets, industry executives and experts said.
GMR Infrastructure plans to list airport business this yearThe airports portfolio is the biggest of GMR’s businesses. It accounted for 48% of its revenue and 75% of its EBITDA in FY14, according to ...
GMR Infrastructure plans to list airport business this yearThe airports portfolio is the biggest of GMR’s businesses. It accounted for 48% of its revenue and 75% of its EBITDA in FY14, according to ...
Turkish airport stake sale boosts GMR's Q4 PAT to Rs 1,170 croreThe surge in the profit is mainly due to offloading its 40 per cent stake in ISGIA Airport, Turkey, the company said in a statement here.
GMR sells 74% stake in a highway project to IIFGMR Group today said it has sold its 74 per cent stake in a 73-km long highway project to India Infrastructure Fund (IIF).
GMR sells 74% stake in Ulundurpet Expressways for Rs 222 crore“We at GMR continue to focus on creating liquidity and reducing our leveraged position as part of the strategy of churning of assets,” Madh...
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.
Expect leverage burden to reduce in coming quarters: Madhu Terdal, GMR InfrastructureTraffic has not gone up substantially in both Delhi Airport as well as Hyderabad Airport because the overall economic conditions are not im...
GMR Infrastructure turns profitable, reports net profit of Rs 579 croreWe posted a profit in the current year after a gap of almost 3 years mainly due to divestment of the 70% stake in GMR Energy Singapore.
- GMR gets new, CFO Subba Rao Amarthaluru to quit
GMR said Amarthaluru would continue to be in the services of the company till July, 2013 to ensure smooth transition.
- GMR buys 50% in power utility InterGen for $1b
GMR Infra acquired a 50% equity stake in the US-based power utility InterGen for $1.1 bn, buy will help GMR bid for airports worldwide. For...
- GMR Infra to acquire 50 pc stake in InterGen
GMR Infrastructure said that it will acquire 50 pc stake in global power generation company InterGen for USD 1.1 bn.
- GMR to bid for modernisation of Prague airport
After successfully bidding for upgrading Turkey's Istanbul international airport, infrastructure major GMR will bid for the modernisation o...
- Banks, FIIs buy 9% in GMR Infrastructure for $1 bn
Infrastructure to investing, electronics to edible oil, India Inc's merger and acquisition counter is buzzing with activity. Mind your fami...
- GMR bags Rs 11K cr Istanbul project
A consortium led by GMR has bagged about Rs 11K cr project to modernise Istanbul's second airport.
- DLF, Unitech & Emaar vie for Rs 4,000cr DIAL contract
Leading realty and hospitality groups like DLF, Unitech, Emaar MGF, Starwood and Accord are in the race for commercial developmental rights...