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
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
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
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
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
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
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
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