The GMR group today said it is willing to run the facility provided the company is invited by that country.

"GMR has invested $240 million in the project so far. GMR has always maintained that there is no corruption involved in the bid."

The joint venture, with an investment of over $500 million, is contemplating seeking compensation of over $800 million from the government.

The Malaysian govt still prefers to continue its alliance with GMR to bid for various global airport projects, said a senior Malaysian mini...

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

Terminating the $511 mn contract with GMR on Nov 27, Maldivian govt had given time till tonight to the Bangalore-based firm to handover the...

Indian industry today asked the government to use its diplomatic channel to convince Male government not to terminate the GMR project.

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 Maldives Airports Company has filed a complaint with the police here over what it terms as "unlawful leasing" of Male International Air...

Khurshid has termed as "unlawful" the decision by the Maldives to terminate a contract with the GMR under which the Indian company was to o...

GMR Infra slipped over 4% to hit its 52-week low of Rs 16.75 in early trade after the Maldives terminated the $500 mn GMR airport project.

Nasheed said that his government had awarded the airport to GMR to stop "rain leaks" into the airport and to develop it.

Maldivian government today renewed its threat to call off the bid awarded to the GMR Group to develop an airport in its capital Male.

Maldives authorities have allowed Male International Airport operator GMR Infrastructure to collect airport development and insurance charg...

GMR Infrastructure, the private operator of the Male International Airport, will not be allowed to collect airport development fee (ADF).

GMR has raised debt of $358 mn from Axis Bank, S'pore branch, the sole underwriter and mandated lead arranger for the entire debt facility.