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.
31 May, 2014, 07.34 AM IST
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.
30 Apr, 2014, 09.34 PM IST
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%.
25 Dec, 2013, 04.00 AM IST
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...
13 Dec, 2013, 04.00 AM IST
- GMR to focus on emerging markets for airport business
GMR Infrastructure is looking at emerging markets in South East Asia, South America and African countries for expanding its airport busines...
14 Aug, 2011, 01.32 PM IST
- GMR Group to consolidate airport business
The parent company is transferring its stake in the Delhi International Airport Limited & Hyderabad Airport to its airport subsidiary.
05 May, 2011, 10.22 PM IST
- GMR expresses interest in buying partners' stake in airports
The GMR Group is willing to buy stakes held by minority partners in all the three airports it operates if there is any such offer, the grou...
21 Jun, 2010, 03.08 PM IST
- After Turkey, GMR sets sights on Maldives airport
GMR Group, which successfully completed an airport modernisation project in Turkey last year, is now looking at developing an airport in Ma...
17 May, 2010, 12.55 AM IST
- GMR group preparing to bid for Maldives airport project
India's GMR group, which successfully completed an airport modernisation project in Istanbul last year, is now looking at developing an air...
16 May, 2010, 04.06 PM IST
- 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...
31 Oct, 2009, 07.06 PM IST
- GMR eyes Russian airport deal
Infrastructure major GMR is in race for Russia’s third-largest airport, Pulkovo Airport, in St Petersburg.
06 Aug, 2008, 01.00 AM IST
- GMR says Istanbul airport venture gets Rs 2236.52 cr loan
GMR says that ISG International Airport Investment Development and Operation Inc has signed an agreement with ABN AMRO Bank and Yapi Kredi ...
25 Jun, 2008, 10.16 PM IST
- GMR group's overseas business strategy in 2 months: Chairman
India's GMR Group will come out with a strategy in a couple of months on how to go about overseas operations, comprising airports and power.
11 May, 2008, 01.26 PM IST
- GMR team takes charge of Istanbul airport services
Turkish authorities have handed over operations of the terminals for cargo, ground handling services and refuelling facilities at Istanbul’...
05 May, 2008, 02.24 AM IST
- GMR consortium gets licence to operate Turkish airport
India's GMR group, in association with two others, has got a 20-year licence to operate an airport in the Turkish capital.
04 May, 2008, 01.49 PM IST
- 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...
23 Mar, 2008, 11.07 AM IST
- GMR consortium enters runway at Sabiha Gokcen airport
The consortium of GMR Infrastructure, Limak of Turkey, and Malaysia Airports Holdings has signed an agreement with the Turkish defence mini...
21 Mar, 2008, 12.33 AM IST