GMR Highways raises Rs 700 cr debt to prepay Yes BankGMR Highways has raised ₹700 crore debt from foreign portfolio investors Zeal Global Opportunities Fund and Nova Global Opportunities Fund ...
04 Mar, 2024, 01.05 AM IST
Covid-19 Impact: JSW Energy terminates Rs 5,321 cr deal to acquire GMR Kamalanga EnergyIn February, JSW Energy had signed a share purchase agreement to acquire 100 per cent of GMR Kamalanga Energy, which owns and operates a 1,...
31 Jul, 2020, 03.19 PM IST
JSW Energy shelves plan to buy GMR unitThe Sajjan Jindal group power generator in February said it will buy the 1,050 mw Kamalanga project located in Odisha for Rs 5,321 crore fr...
21 May, 2020, 09.14 AM IST
JSW Energy says plans to buy GMR’s Odisha unit on hold due to Covid-19 disruptionJSW Energy had said that it will buy the 1,050 mw-Kamalanga power project located in Odisha for Rs 5,321 crore from the highly indebted GMR...
20 May, 2020, 07.27 PM IST
GMR sells stake in Chhattisgarh power plant to Adani Power for Rs 3000 crBankers to the project had opted for change in management of the stressed plant held by GMR Generation Assets Ltd, a wholly owned subsidiar...
04 Jul, 2019, 07.27 PM IST
Adani Power to acquire GMR Chhattisgarh EnergyThe consortium of lenders has issued a Letter of Intent dated June 24, 2019, approving Adani Power's (APL) resolution plan to acquire contr...
25 Jun, 2019, 11.05 PM IST
GMR, lenders strike first resolution plan for AP plant after quashing of RBI circularUnder the resolution plan, approved by all 12 lenders to the project, the existing debt of Rs 2,353 crore has been brought down to a sustai...
03 May, 2019, 11.22 AM IST
Banks may not take a decision on stressed power plants by October 15In most resolution proceedings, banks have finalised the bidders but could not finalise deals due to resistance from 15-20% lenders.
10 Oct, 2018, 11.30 PM IST
Power companies move HC to get more time to settle with lendersThe high court had in its Aug 27 judgment said any individual having urgency can approach the court with material facts.
08 Sep, 2018, 08.06 AM IST
GMR Infra plans to raise up to Rs 2,500 croreThe company will seek shareholders' approval to raise funds in the AGM next month.
23 Aug, 2016, 08.28 PM IST
GMR Infra net loss narrows to Rs 379 crore in Q3GMR Infrastructure today reported narrowing of its consolidated net loss to Rs 379.38 crore for the December quarter .
11 Feb, 2016, 02.25 PM IST
GMR Infrastructure's board approves raising Rs 2,500 croreGMR Infrastructure today said its board has approved raising up to Rs 2,500 crore through issue of securities.
14 Aug, 2015, 09.55 PM IST
GMR Infrastructure raises Rs 1,477 crore via sale of shares to qualified institutional investorsThe leading infrastructure player has raised the amount by selling shares at Rs 31.50 apiece, lower than the set floor price of Rs 33.14 pe...
24 Jul, 2014, 05.44 PM IST
India looks to resolve differences as Maldives President Abdullah Yameen comes callingThe differences include one relating to GMR’s airport project and another to the allocation of a site for a Tata Housing project.
31 Dec, 2013, 05.55 AM IST
GMR spat: Hassan Saeed, the Maldivian president Waheed's special adviser plotted GMR’s ouster?According to high-level sources, this Malaysia-educated president of a tiny Dhivehi Quamee Party has convinced Waheed to use this issue as ...
06 Dec, 2012, 09.32 AM IST
- GMR Infra seeks investors' nod for Rs 5,000-cr mop-up
The company proposes to raise the fund via GDRs, ADRs, FCCBs or placement with qualified institutional investors.
13 Jul, 2010, 03.01 AM IST
- Cos bring family values to business
Family governance is the latest fad among the family-run India Inc.
05 Mar, 2007, 03.09 AM IST