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  • GVK's Q1 net loss halves on good show from airport biz Aug 12, 2013 12:13 PM IST

    GVK's Q1 net loss halves on good show from airport biz

    Due to fuel scarcity issues, the firm‘s power biz revenues slipped 80 percent to Rs 86.6 crore. The vertical‘s EBIT loss stood at Rs 35.2 crore versus Rs 14.8 crore EBIT profit year-on-year

  • GMR Infra returns to profit in Q4 on sale of subsidiary May 31, 2013 12:00 PM IST

    GMR Infra returns to profit in Q4 on sale of subsidiary

    GMR has reported Rs 579.17 crore profit against Rs 366 crore loss on one time gain from sale of subsidiary.

  • GMR seeks to refinance projects at lower costs Oct 30, 2012 10:00 AM IST

    GMR seeks to refinance projects at lower costs

    GMR Infra is looking to refinance its road and power projects which are nearing completion. The refinancing initiative may cut fund cost by at least 100 bps, say CNBC-TV18 quoting CNBC-TV18 sources.

  • Air India to shift base to Delhi Oct 12, 2012 08:44 PM IST

    Air India to shift base to Delhi

    Air India would shift its headquarters from Mumbai to Delhi as part of its Turnaround Plan, but no date has yet been finalised, official sources said today.

  • SpiceJet will pass on ATF burden to consumers: CEO Sep 07, 2012 12:39 PM IST

    SpiceJet will pass on ATF burden to consumers: CEO

    Low fare carrier SpiceJet has said that it can‘t absorb the recent 7.6% hike in aviation turbine fuel and hence will pass on the burden to consumers said the airline‘s CEP, Neil Mills. Oil marketing companies have recently hiked ATF price to an all-time high of Rs 72,282 per kilolitre.

  • CAG reports to precipitate policy paralysis in govt: Moily Aug 22, 2012 08:39 PM IST

    CAG reports to precipitate policy paralysis in govt: Moily

    Corporate Affairs Minister Veerappa Moily today said that CAG reports on power and coal have been done without proper study and that they will precipitate policy paralysis in the government.

  • Civil Aviation Ministry, DIAL refute CAG's findings Aug 17, 2012 10:20 PM IST

    Civil Aviation Ministry, DIAL refute CAG's findings

    Civil Aviation Ministry today refuted the loss figures given out by government auditor CAG in its report on Delhi airport, saying the calculation of presumptive gain was "totally erroneous and misleading" and claimed its views were not incorporated in the report.

  • Rel Power reacts, says CAG mum on looming coal crunch Aug 17, 2012 01:56 PM IST

    Rel Power reacts, says CAG mum on looming coal crunch

    The CAG report on power accuses the government of favouritism and benefiting companies like Tata and Reliance Power. In its defense, Reliance Power says, CAG's observations do not factor in looming coal crunch.

  • 3 CAG reports in Parliament today, govt set to face fire Aug 17, 2012 10:19 AM IST

    3 CAG reports in Parliament today, govt set to face fire

    CAG reports on the privatisation of the Delhi airport, ultra mega power projects and coal block allocations are likely to be tabled in Parliament on Friday.

  • Parl to focus on 3 CAG reports on Aug 16: Here's a look Aug 14, 2012 08:46 PM IST

    Parl to focus on 3 CAG reports on Aug 16: Here's a look

    Three CAG reports will be tabled in the Parliament on the August 16. CNBC-TV18's Siddarth Zarabi reports the details.

  • Centre favoured GMR in Delhi airport deal: CAG Aug 09, 2012 10:02 PM IST

    Centre favoured GMR in Delhi airport deal: CAG

    A report by Comptroller and Auditor General of India (CAG) has blamed the Centre for favouring the GMR in the Delhi airport deal.

  • Govt probes stalling of Delhi Airport metro line Jul 09, 2012 01:36 PM IST

    Govt probes stalling of Delhi Airport metro line

    Govt probing problem of Airport metro

  • Fraport wants to exit Delhi Airport project, say sources Jun 08, 2012 03:20 PM IST

    Fraport wants to exit Delhi Airport project, say sources

    Fraport-India is likely to exit GMR-led consortium which runs the Delhi International Airport (DIAL). Fraport, which also runs Frankfurt Airport has invested Rs 240 crore for owning 10% stakes.

  • Tulsian on GMR, Manappuram, Adani & addl sugar exports Feb 08, 2012 10:20 AM IST

    Tulsian on GMR, Manappuram, Adani & addl sugar exports

    SP Tulsian of sptulsian.com spoke to CNBC-TV18 about some of the stock movers. Check out his opinion on GMR, Mannapuram, Adani and government’s move with regard to sugar exports.

  • Interest cost a dampener: GMR Infra Q1 loss at Rs 66.7 cr Aug 10, 2011 11:47 AM IST

    Interest cost a dampener: GMR Infra Q1 loss at Rs 66.7 cr

    GMR Infrastructure has reported a consolidated net loss of Rs 66.7 crore in the first quarter of FY12 as against profit of Rs 28 crore in the corresponding quarter last fiscal.

  • Delhi Airport body can continue with development fee: GMR Apr 26, 2011 09:31 PM IST

    Delhi Airport body can continue with development fee: GMR

    The Supreme Court overturned a ruling of the Delhi High Court and quashed the airport development fees levied by two of India's busiest private sector-run airports in Delhi and Mumbai. Consequently, Mumbai airport has been barred from levying the fees, while Delhi airport will be able to continue to levy the fees, reports CNBC-TV18.

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