GMR submits documents to bid for Philippines airport

Last Updated: Monday, April 22, 2013, 20:16

The Request for qualification document has been submitted by GMR in a consortium with local Megawide Construction Corporation ahead of its closing today, sources said.

GMR Group completes sale of Singapore unit

Last Updated: Monday, April 1, 2013, 15:26

The transaction was concluded on March 28 after getting all the necessary approvals, the company said in a statement.

Preliminary hearing on GMR arbitration next month

Last Updated: Thursday, March 28, 2013, 15:53

Four months after Maldives terminated the contract given to Indian infrastructure major GMR to develop and operate the international airport in Male, the two sides will sit down next month in London to begin the multi-million dollar arbitration process.

GMR Infra rallies 9.5% on bourses

Last Updated: Monday, March 25, 2013, 19:51

Defying weakness in the stock market, shares of GMR Infrastructure on Monday soared by over 9 percent helped by value buying at lower levels.

GMR Infra Q3 net loss doubles to Rs 217.45 cr

Last Updated: Saturday, February 9, 2013, 19:29

The Bangalore-based infrastructure firm, which operates mainly in airports, roads, power and EPC segments, had reported a net loss of the Rs 107.95 crore in the corresponding quarter of the previous fiscal.

GMR Infra gets Rs 415 cr in outstanding dues from Air India

Last Updated: Wednesday, February 6, 2013, 21:17

"After long time they (Air India) have given us some sizable money. We received Rs 415 crore on January 30 (from them) towards payment of UDF, ADF, landing and parking, everything," GMR's CFO for airport business Sidharth Kapur said.

L&T: GMR, GVK road cancellations to have only minimal impact

Last Updated: Thursday, January 24, 2013, 20:47

Engineering and construction major Larsen & Tourbo (L&T) Thursday played down the impact of losing some orders following GMR Infra and GVK walking out of two road projects earlier this month, saying that its order pipeline will not be hit more than 10 to 11 percent.

GMR Infra pulls out of highway proj; NHAI mulls legal action

Last Updated: Monday, January 7, 2013, 20:38

GMR Infrastructure Monday said it has pulled out of Kishangarh-Udaipur-Ahmedabad project, an action which prompted NHAI to consider legal recourse.

GMR starts 2 road projects; expects Rs 1 cr/day revenue

Last Updated: Thursday, December 20, 2012, 18:19

With the commencement of these two projects, the Group has now a portfolio of eight operating highways, the company said in a statement.

GMR to continue Male Airport operations

Last Updated: Monday, December 3, 2012, 11:36

The move is likely to pave way for the GMR to continue operations at Ibrahim Nasir International Airport (INIA) in Maldives.

GMR Infra seeks legal options against Maldives govt

Last Updated: Thursday, November 29, 2012, 19:21

GMR Infrastructure is exploring legal options against Maldives Government for terminating its USD 500-million airport development contract for running the Male airport.

GMR posts Q2 net loss of Rs 179 crore

Last Updated: Wednesday, November 14, 2012, 14:06

GMR Infrastructure Limited on Wednesday said its consolidated net loss widened to Rs 179 crore for the quarter ended September 30 from Rs 63 crore net loss registered during the same period a year ago.