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GMR Infrastructure
GMR Infrastructure
Posted by :
zoombusinessTracked by: 0 Boarder
GMR INFRASTRUCTURE: Arm GMR Hyderabad International Airport has received government approval to levy a user development fee of 375 rupees a person on all domestic outbound travellers from Aug 22. i.e. Tomorrow.(NW18)...
NSE Announcements on GMR Infra
Posted by :
MMB MessengerTracked by: 0 Boarder
Gmr Infrastructure Limited has informed the Exchange that Delhi International Airport Private Limited (DIAL) , a subsidiary of the Company is proposing to issue a press release about the Inaugural Flight Lands at the New Runway (third runway) at IGI Airport, Delhi. A copy of the said press release dated August 21, 2008, titled "New Milestone in Aviation History of India; Inaugural Flight Lands at the New Runway at IGI Airport-Delhi" shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
BSE Announcements on GMR Infra
Posted by : MMB MessengerTracked by: 0 Boarder
GMR Infrastructure Ltd has informed BSE that Delhi International Airport Private Ltd (DIAL), a subsidiary of the Company is proposing to issue the press release about the Inaugural Flight Lands at the New Runway (third runway) at IGI Airport, Delhi, dated August 21, 2008 titled "New Milestone in Aviation History of India Inaugural Flight Lands at the New Runway at IGI Airport - Delhi"...
BSE Announcements on GMR Infra
Posted by : MMB MessengerTracked by: 0 Boarder
GMR Infrastructure Ltd has informed BSE regarding a Press Release dated August 20, 2008 to be issued by GMR Hyderabad International Airport Ltd (GHIAL), a subsidiary of the Company, titled "GHIAL embarks on "Spirit of India" initiative to bring retailers from across India"...
NSE Announcements on GMR Infra
Posted by : MMB MessengerTracked by: 0 Boarder
Gmr Infrastructure Limited has informed the Exchange regarding a press release to be issued by Gmr Hyderabad International Airport Ltd (GHIAL), a subsidiary of the company dated August 20, 2008, titled "GHIAL embarks on "Spirit of India" initiative to bring retailers from across India". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....
future of GMR
Posted by :
kentmssTracked by: 0 Boarder
Dear Munawar,
I think you have no other option but to average your purchase price. And, it is not a bad idea at all. Either way, Gmr Infra is a great Infra Stock. It will give outstanding returns, but the tide has to turn and you have to be patient till then.
the recent news of levying Use Development Fees will boost revenues and the Airport Division will break even. so, this Q2 result should be a Very Good one. Average now, and wait till Oct End. Maybe, you will get a chance to sell out without any substantial loss.
Of course, if you are willing to stay invested for 5 or more years, this is a Great Stock. ...
In reply to:
future of GMR
Posted by : munawar_mca
brought GMR 200 share for 165 each. should i hold ? 
NSE Announcements on GMR Infra
Posted by : MMB MessengerTracked by: 0 Boarder
Gmr Infrastructure Limited has informed the Exchange regarding a press release, to be issued by GMR Hyderabad International Airport Ltd (GHIAL), a subsidiary of the Company, dated August 20, 2008, titled "Malaysia Airlines & GHIAL, India to set up world class MRO in Hyderabad". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....
BSE Announcements on GMR Infra
Posted by : MMB MessengerTracked by: 0 Boarder
GMR Infrastructure Ltd has informed BSE regarding a Press Release dated August 20, 2008 to be issued by GMR Hyderabad International Airport Ltd (GHIAL), a subsidiary of the Company titled "Malaysia Airlines & GHIAL, India to set up world class MRO in Hyderabad"...
Today Target
Posted by : GuestTracked by: 0 Boarder
GMR Infra got Govt\\`s nod to charge user fee for domestic passengers. Besides that GMR Infra is planning to sell stake in its power subsidiary.
The GMR group arm has initiated talks with a slew of investors for private placement of equity
It plans to raise Rs 2,600 crore to complete its proposed power plants
GMR Energy has earmarked Rs 13,000 cr for generating about 3,300 mw power in the country
About 80 per cent of the investment will be funded via debt
The group recently acquired 50% in the Netherlands-based InterGen ...
In reply to:
Today Target
Posted by : SAMRAM
Today it can easily break the level Rs. 105 and movin toward Rs. 110.
NSE Announcements on GMR Infra
Posted by : MMB MessengerTracked by: 0 Boarder
Gmr Infrastructure Limited has informed the Exchange regarding the proceedings of the Annual General Meeting of the Company held on August 19, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
NSE Announcements on GMR Infra
Posted by : MMB MessengerTracked by: 0 Boarder
Gmr Infrastructure Limited has informed the Exchange that: "GMR Hyderabad International Airport Ltd (GHIAL), a subsidiary of the Company and developer and operator of the Rajiv Gandhi International Airport (RGIA) at Shamshabad, Hyderabad, has received approval from the Union Ministry of Civil Aviation(MoCA), to levy UDF (User Development Fee) from all domestic Outbound passengers". Further the company has submitted to the Exchange a copy of press release dated August 19, 2008, titled "Rajiv Gandhi International Airport (RGIA) gets clearance from Union Ministry of Civil Aviation to levy UDF (USER Development Fee) from all domestic outbound passengers" shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....
BSE Announcements on GMR Infra
Posted by : MMB MessengerTracked by: 0 Boarder
GMR Infrastructure Ltd has informed BSE that the members at the 12th Annual General Meeting (AGM) of the Company held on August 19, 2008, inter alia, have approved the following:
1. Adoption of the Balance Sheet as at March 31, 2008 and the Profit and Loss Account for the year ended on that date and the report of the Board of Directors and the auditors thereon.
2. Re-appointment of Mr. K. Balasubramanian, Mr. K.R. Ramamoorthy, Dr. Prakash G. Apte, Mr. R.S.S.L.N. Bhaskarudu, Directors retiring by rotation.
3. Re-appointment of M/s. Price Waterhouse, Chartered Accountants as Statutory Auditors.
4. Appointment of Mr. O.B. Raju as Director of the Company liable to retire by rotation.
5. Approval for payment of remuneration to Mr. G.M. Rao, Executive Chairman.
6. Approval for payment of remuneration to Mr. G.B.S. Raju, Managing Director....
BSE Announcements on GMR Infra
Posted by : MMB MessengerTracked by: 0 Boarder
GMR Infrastructure Ltd has informed BSE that GMR Hyderabad International Airport Ltd (GHIAL), a subsidiary of the Company and developer and operator of the Rajiv Gandhi International Airport (RGIA) at Shamshahad, Hyderabad, has received approval from the Union Ministry of Civil Aviation (MoCA), to levy UDF (User Development Fee) from all outbound passengers. In this connection, GHIAL has issued a Press Release dated August 19, 2008 titled "Rajiv Gandhi International Airport (RGIA) gets clearance from Union Ministry of Civil Aviation to levy UDF (User Development Fee) from all domestic outbound passengers."...
Today Target
Posted by : SAMRAMTracked by: 0 Boarder
Today it can easily break the level Rs. 105 and movin toward Rs. 110....
In reply to:
Today Target
Posted by : SAMRAM
Techinicall not good if it breaks Rs.100. We can expect further further d0wn side once it is break Rs. 100.
500 SHARES @ 160 AVERAGE
Posted by : GuestTracked by: 0 Boarder
The ministry of civil aviation has allowed the GMR Group-run Rajiv Gandhi International Airport at Hyderabad to levy user development fees (UDF) on domestic passengers. Passengers will now pay a uniform rate of Rs375 for travelling to domestic destinations.
The ministry had initially requested the airport operator to put this charge on hold as rising prices were putting an increasing burden on passengers. The charge for international passengers has already been fixed at Rs1,000.
The GMR Group has said that the domestic levy would come in force sometime this month, very likely within a few days. The levy will be in addition to the passenger service fee (PSF) of Rs225 that passengers pay for security and airport infrastructure.
Of the PSF, Rs 70 goes to the airport developers.
Meanwhile, operators of the Bengaluru International Airport (BIAL) have also submitted their UDF proposals to the aviation ministry last week. Reports suggest that the government may decide on their fees structure soon enough though it has plenty of time to arrive at a decision.
\\`\\`UDF and PSF are not linked. UDF is part of the agreement on the basis of which developers incur capital expenditure. It is similar to paying for using a better toll road or other improved infrastructure. The clearing of the UDF of Rs 375 is not a new policy decision,\\`\\` aviation minister Praful Patel said.
\\`\\`Airport developers also have to recover their investments and UDF has been an accepted as one of the method of doing that. The GMR Group had proposed two UDFs for domestic passengers - one for within Andhra and other for outside the state. We finally decided to allow a uniform fee of Rs375, inclusive taxes,\\`\\` a senior ministry official said.
...
In reply to:
500 SHARES @ 160 AVERAGE
Posted by : jateshbhalla
well this is good script, if you want to average this is not the right time, 90-98 is the right rate to average buy 50% any time at cmp(100-...).
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