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Maldives

Jun 19, 2014 at 16:41 | Source: PTI
The concession agreement was valid and binding and was not void and the collection of airport development charges and insurance surcharge, as allowed in the concession agreement, was lawful under Maldivian law, GMR cited the tribunal as saying.
Jun 19, 2014 at 10:34 | Source: Moneycontrol.com
The Rt Hon Lord Hoffmans Tribunal has declared that the concession agreement entered between GMR Male International Airport with Governemnt of Maldives and Maldives Airport Company was valid and binding and was not void for any mistake of law or discharged by frustration.
Jun 07, 2014 at 16:00 | Source: PTI
The languages of all the eight SAARC nations, Nepal, India, Maldives, Sri Lanka, Bangladesh, Bhutan, Afghanistan and Pakistan have been used in the proposed anthem.
Jun 04, 2014 at 08:49 | Source: IBNLive.com
"Conditions are favourable for the onset of southwest monsoon over Kerala and its further advance into some more parts of south Arabian sea, remaining parts of Maldives-Comorin area, some parts of Tamil Nadu and some more parts of Bay of Bengal during the next 48 hours.
Jan 15, 2014 at 19:33 | Source: CNBC-TV18
The arbitration process which had begun in July 2013 between Axis Bank and Maldives government over the Male airport is expected to conclude by April.
Jan 12, 2014 at 13:50 | Source: PTI
Asserting that Maldives has nothing against GMR, newly-elected Maldivian President Abdulla Yameen said his administration was committed to resolve the dispute with the Indian firm amicably. The President has already talked about a out-of-court settlement in the matter.
Jan 03, 2014 at 09:15 | Source: PTI
Yameen was in India on his first foreign visit after taking over as the Maldivian president. The scrapping of the GMR project by the previous government and other problems faced by Indian investors were among the main topics of discussions between him and Singh.
Jan 02, 2014 at 19:09 | Source: PTI
The GMR's project worth over USD 500 million was scrapped unilaterally 14 months ago by Maldivian government, then headed by Mohamed Waheed, after lot of political domestic pressure to do so.
Dec 23, 2013 at 19:17 | Source: CNBC-TV18
After Maldives, GMR now flies out of Turkey. The company sells it entire 40 percent stake in the Istanbul airport to Malaysian airport for 225 million euros.
Dec 18, 2013 at 21:52 | Source: PTI
If the GMR consortium qualifies for this bid, it would be its third venture in the global market after Istanbul and Maldives. However, the Maldives project ran into trouble with changing regimes in the country and GMR had to surrender it.
Messages on Maldives »

Raj8189

New Member

2 Followers

GMR Infra  

GMR Infra is a very good script, well experience in the fields of Airports, Energy, Highways and Urban Infrastructure and also has a global presence with infrastructure operating assets and projects in several countries including Turkey, South Africa, Indonesia, Singapore, the Maldives

2.59 PM Jul 2nd

mani220321

Silver Member

1 Followers

GMR Infra  

maldiv govt agreed to pay 2 billion dollers. now buying will start.. great plus

11.27 AM Jun 20th

dealwell

New Member

0 Follower

GMR Infra  

GMR has won the Arbitatiin at Singapore cout and will get big money from Maldives government Hope the stochastic should jump from here

10.21 AM Jun 20th

dealwell

New Member

0 Follower

GMR Infrastructure  

GMR has won the Arbitatiin at Singapore cout and will get big money from Maldives government Hope the stochastic should jump from here

10.19 AM Jun 20th

maximindia

Platinum Member

551 Followers

GMR Infra  

According to me resistance wl b between 34-38 and once crossed next resistance wl b between 45-50.Within one month co arbitration wl decide on quantum of compensation by Maldiv govt if negotiation by govt and GMR failed or handing over operation of airport.Also boom in road building in A.P. wl b

5.51 PM Jun 19th

maximindia

Platinum Member

551 Followers

GMR Infra  

I wrote one month back that arbitration wl trigger its movements.Now arbitration is in favour of GMR in Male airport.What is clear it wl get compension but amount not disclosed but as per its case it has to b 1.4b$.I think either Maldiv govt has to handover to GMR or has to give compension which

12.52 PM Jun 19th

avema14

New Member

10 Followers

GMR Infra  

GMR wins arbitration proceedings against Maldives govt GMR is pressing with damages worth as much as $1.4 bn for cancellation of Male airport contract

12.47 PM Jun 19th

Neha-Diwan

Platinum Member

815 Followers

GMR Infra  

GMR Infra strengthens on winning arbitration case against Maldives Govt.

12.28 PM Jun 19th

dipankar_gh
osh

Gold Member

109 Followers

GMR Infra  

GMR Infrastructure Limited (GMRIL), whose Male subsidiary’s contract for modernisation of Male international airport was "unilaterally terminated" by the Maldives Government, has got a breather with the tribunal awarding a compensation of $4 million.

12.27 PM Jun 19th

Qutub_Tall

Silver Member

0 Follower

GMR Infra  

GMR Infra: Maldives airport concession pact valid GMR Infrastructure says an international tribunal has declared that the concession agreement was valid and binding

10.58 AM Jun 19th

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Sep 01, 2014 at 09:32 | Source: Calcutta Telegraph News
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