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Gmr Group

Apr 10, 2014 at 21:34 | Source: PTI
The project is expected to add Rs 118 crore every year to the Group's cash flows for the next 17 and half years. It added almost Rs 95 crore to the revenue in the year ended on March 31, the release said.
Mar 31, 2014 at 09:46 | Source: CNBC-TV18
Madhu Terdal, group CFO of GMR Infra says two of GMR Energy's power plants are already operational. Depending on the companys state of preparedness it will go ahead with the IPO. The company has not decided on a timeline for GMR Energy IPO yet.
Mar 25, 2014 at 15:13 | Source: Moneycontrol.com
The third 350 Mw unit of GMR Groups coal-based thermal power plant at Kamalanga in Odishas Dhenkanal District was declared commercially operational with effect from March 25, 2014.
Feb 20, 2014 at 19:11 | Source: PTI
ArcelorMittal today said it has voluntarily surrendered its stakes in 2 coal blocks, Rampia and Dip side of Rampia, following its decision to exit from the USD 12 billion steel project in Odisha in July last year.
Feb 18, 2014 at 09:10 | Source: Moneycontrol.com
The GMR Group announces the successful completion of the divestment of its majority stake (74 percent) in GMR Ulundurpet Expressways Pvt Ltd (GUEPL) to India Infrastructure Fund (IIF). IIF has earlier emerged as the successful bidder, in buying majority stake in GUEPL, which attracted strong interest from several major investors in India and abroad
Dec 24, 2013 at 09:55 | Source: Moneycontrol.com
The stake sale will help the company to reduce its huge debt which has grown to Rs 40,000 crore. In an interview to CNBC-TV18, Madhu Terdal, Group CFO of the company said that proceeds of the sale will be used substantially to reduce their corporate debt and for equity funding of some of their energy projects.
Nov 13, 2013 at 08:39 | Source: Moneycontrol.com
The GMR Group is establishing 3X350MW coal-based thermal power plant at Kamalanga Odishas Dhenkanal District. The first unit of 350 MW commenced generation on April 30, 2013. The second 350MW unit of GMR Kamalanga Entergy Limited was declared commercially operational on 11 November 2013.
Nov 12, 2013 at 08:37 | Source: CNBC-TV18
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Oct 18, 2013 at 19:53 | Source: PTI
The Inter-Ministerial Group (IMG) on coal blocks had earlier recommended issuing show-cause notices to the mines which was accepted by the Coal Ministry.
Sep 17, 2013 at 13:57 | Source: Moneycontrol.com
In line with GMR Groups Asset Right and Asset Light Strategy, GMR Highways Ltd. has signed a definitive agreement with India Infrastructure Fund (IIF) to divest 74% stake in GMR Ulundurpet Expressways Private Limited (GUEL).
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GMR Infra  

Source:NDTV Profit - GMR Group on Tuesday said it has sold its 74 per cent stake in a 73-km long highway project to India Infrastructure Fund (IIF). IIF had emerged as the successful bidder for buying the majority stake in GMR Ulundurpet Expressways Pvt Ltd (GUEPL).

2.21 PM Feb 19th

osanka13

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GMR Infra  

IS GMR OUT OF THIS ? In 2012, Maldives had cancelled its biggest foreign investment project, a USD 511 million deal with Indian firm GMR Group to develop its international airport, raising questions over the future of Indian investment in the islands. Currently the case is in arbitration.

6.53 PM Jan 2nd

abhisheksad
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http://t.in.com/eE1t What does this list stand for? Reliance ADA Group, Vedanta Resources, Essar Group, Adani Group, Jaypee Group, JSW Group, GMR Group, Lanco Group, Videocon Group and GVK Group. A list of India’s biggest, most successful, corporates

12.34 PM Jan 2nd

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Reliance  

Source:The Hindu BusinessLine - What does this list stand for? Reliance ADA Group, Vedanta Resources, Essar Group, Adani Group, Jaypee Group, JSW Group, GMR Group, Lanco Group, Videocon Group and GVK Group.A list of India’s biggest, most successful, corporates? Going by the size of their balance

11.39 AM Jan 2nd

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GMR Infra  

Source:Economic Times - HYDERABAD: GMR Infrastructure today said the Group has signed a definitive agreement with Malaysian Airports Holding Berhard (MAHB) to divest 40 per cent equity stake in Istanbul Sabiha Gokcen Airport (ISG) and LGM Tourism, for nearly Rs 1,910 crore. GMR Group has signed

11.47 AM Dec 31st 2013

Firstpost

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GMR Infra  

Source:FirstPost - Hyderabad: GMR Infrastructure today said the Group has signed a definitive agreement with Malaysian Airports Holding Berhard (MAHB) to divest 40 percent equity stake in Istanbul Sabiha Gken Airport (ISG) and LGM Tourism, for nearly Rs 1,910 crore.GMR Group has signed a definitive

10.15 AM Dec 31st 2013

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GMR Infra  

Holdings the remaining 40 per cent stake. Sidharath Kapur, Chief Financial Officer of the airports vertical of GMR Group, told Business Line that they were in the process of evaluating the proposal. The process could take up to three months to conclude after securing various regulatory approvals

11.02 PM Dec 24th 2013

nillu

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GMR Infra  

GMR to continue asset-light strategy GMR Group will continue to pursue the asset-light strategy it launched a few quarters ago.

2.31 PM Dec 24th 2013

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Source:The Hindu BusinessLine - Airports and infrastructure developer GMR Group has no intention of exiting from Istanbul’s Sabiha Gokcen International Airport at the moment. “We don`t have any such plans (to exit) and we will remain invested. Our strategy is portfolio management and we are just

8.17 PM Dec 19th 2013

Neha-Diwan

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Lakshmi Mittal is in talks with GMR group to buy a significant stake in IPL team, Delhi Daredevils, say reports.

3.08 PM Dec 11th 2013

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Apr 12, 2014 at 13:22 | Source: Economic Times
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