GMR Infra to raise up to Rs 4,000 cr

Last Updated: Tuesday, September 4, 2012, 23:13

The company had a net debt of Rs 33,600 crore in its books as of FY12.

GMR Infra gets Board nod to raise up to Rs 2,500 cr

Last Updated: Friday, August 10, 2012, 19:31

GMR Infrastructure, which is in the business of developing of airports, power plants, highways and urban infrastructure, Friday said its Board has approved to raise up to Rs 2,500 crore through sale of equities or bonds.

DIAL comes up with GMR-IGI airport awards

Last Updated: Friday, July 27, 2012, 21:45

The GMR-led consortium Delhi International Airport Ltd (DIAL) presented the first edition of the awards at a glittering ceremony yesterday in 28 diversified categories .

GMR Infra posts Rs 366 cr loss in Q4

Last Updated: Wednesday, May 30, 2012, 21:08

GMR Infrastructure on Wednesday reported a consolidated net loss of Rs 366.16 crore for the January- March quarter of the last fiscal, hit by losses incurred by its subsidiary DIAL, which is the operator of Delhi Airport.

Draft CAG report erroneous, benefits were available to all: GMR

Last Updated: Wednesday, May 30, 2012, 21:04

Terming the draft CAG report on Delhi International Airport (DIAL) "erroneous", GMR Infrastructure Wednesday said that land at concessional rates and other benefits available to it to run the Delhi airport were part of the bid document and were available to every bidder.

GMR Infrastructure raises Rs 200 cr from ICICI Bank

Last Updated: Wednesday, May 16, 2012, 21:53

GMR Infrastructure on Wednesday said it has raised Rs 200 crore through allotment of secured non-convertible debentures to ICICI Bank Ltd.

Delhi’s IGI Airport set to be world's most expensive

Last Updated: Thursday, April 26, 2012, 10:16

The IGI Airport at New Delhi may become the world's most expensive airport soon. Reportedly, GMR Infrastructure Ltd, a consortium that runs New Delhi's international airport, has permitted a hike in airport charges.

Flying out from Delhi airport to be costlier

Last Updated: Wednesday, April 25, 2012, 15:10

Airports regulator has allowed GMR Infrastructure Ltd, which leads a consortium that runs New Delhi's international airport, to increase the usage fees charged on passengers and airlines starting May 15, the company said on Wednesday.

GMR Power wins Rs 537-cr payment case against TNEB in APTEL

Last Updated: Friday, March 2, 2012, 19:58

GMR Power Corporation (GPCL), a subsidiary of GMR Infrastructure Ltd, on Friday said APTEL has ruled in favour of the company in a dispute related to Rs 537-crore payment due against Tamil Nadu Electricity Board (TNEB).

GMR Infra posts Rs 63 cr loss for Q2 on higher interest costs

Last Updated: Thursday, November 10, 2011, 19:04

Hit by higher interest outgo, GMR Infrastructure has reported a consolidated loss of Rs 62.53 crore for the July-September quarter despite a healthy spike in income from operations.

GMR Infra appoints B V Nageswara Rao as MD

Last Updated: Saturday, September 3, 2011, 21:17

GMR Infrastructure Saturday said its board of directors has approved the appointment of B V Nageswara Rao as Managing Director of the company with effect from October 1.

GMR to focus on emerging markets for airport business

Last Updated: Sunday, August 14, 2011, 13:14

GMR Infrastructure, which runs four airports across the globe, is looking at emerging markets in South East Asia, South America and the African continent for expanding its airport business, a top company official said.