GMR moves to sell Hyderabad hotel property

Last Updated: Friday, August 28, 2015, 15:52

The GMR group as part of its asset light strategy is now looking for buyers for its hotel property at Rajiv Gandhi International Airport here under the Swiss Challenge model, it said in an exchange filing Friday.

State-run AAI plans to explore international markets

Last Updated: Thursday, August 6, 2015, 16:18

Of the 125 AAI-managed airports, 18 also cater to international traffic, 78 are domestic, seven customs airports and 26 civil enclaves at defence airfields.

GMR in race for 5 airports in Philippines worth $2.4-bn

Last Updated: Monday, July 13, 2015, 19:01

GMR-Megawide is in race to acquire operations of five airports worth USD 2.4 billion in Philippines under PPP model.

Mine clearance status of companies up for govt review

Last Updated: Sunday, June 28, 2015, 12:12

The Coal Ministry this week will hold a review meeting with companies, including Adani Power, Essar Power and GMR, to evaluate status of transfer of various clearances and schedule of opening of coal mines allocated to them through auction recently.

Sebi asks GMR Infra to restate accounts

Last Updated: Monday, June 1, 2015, 18:48

GMR Infrastructure said it received a "letter from Sebi dated April 27, 2015, whereby Sebi has reiterated its earlier advice for restatement of financial results", according to the note.

GMR Holdings to consider amalgamation with GMR Enterprises

Last Updated: Tuesday, May 26, 2015, 21:38

GMR Holdings, the parent firm of GMR Infrastructure, Tuesday said its Board will consider the proposal of amalgamation with GMR Enterprises on May 29 as part of its corporate restructuring exercise.

MAMPL exits DIAL, GMR airports acquires its 10% stake

Last Updated: Monday, May 25, 2015, 22:48

GMR Airports, a subsidiary of GMR infrastructure, has acquired 10 percent additional stake from Malaysia Airports (Mauritius) Private Limited for a consideration of USD 80 million, raising its stake to 64 percent in Delhi International Airport Limited.

Chinese companies to set up units at GMR's Kakinada SEZ; invest $3.5 bn

Last Updated: Monday, May 18, 2015, 22:46

GMR Infrastructure has inked a pact with GIIC of China to set up units at its special economic zone (SEZ) in Andhra Pradesh`s Kakinada, which will attract an investment of $3.5 billion over the next five years, a company statement said on Monday.

Chinese companies to set up units at GMR SEZ, to invest $3.5 bn

Last Updated: Monday, May 18, 2015, 12:32

GMR Infrastructure Monday said it has inked pact with Guizhou International Investment Corp (GiIC), a consortium of three Chinese manufacturing firms, to set up units at its SEZ in Kakinada, a move that will see USD 3.5 billion worth of investments in the next 5 years.

GMR Infrastructure promoters pledge 19.13% stake

Last Updated: Tuesday, May 5, 2015, 23:16

GMR Infrastructure Tuesday said three of its promoters have pledged 19.13 percent stake in the firm in a series of transactions in the last week of April.

Govt transfers green nod of earlier blocks to Hindalco, GMR

Last Updated: Friday, May 1, 2015, 18:03

In a bid to expedite operations from the recently allocated coal mines, the Environment Ministry had amended EC norms after a request made by the Coal Ministry to facilitate transfer of ECs to successful coal bidders.