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No corruption in Male airport deal, says watchdog

The USD 511 million project was abruptly cancelled by the Maldivian government in November 2012.

ACC clean chit to GMR does not change our stand: Maldives

The current Maldivian government had in December last year unilaterally terminated the over USD 500 ...

GMR gets respite in Male airport row

In a relief for GMR, the Maldives' anti-graft watchdog is believed to have ruled out any corruption ...

Willing to talk to GMR if we come to power: Gayoom

Nearly seven months after GMR's over USD 500 million Male airport project was terminated, former Pre...

AERA rejects GMR proposal for UDF on arrival at Hyd Airport

The Airports Economic Regulatory Authority has turned down the Rajiv Gandhi International Airport op...

GMR Infra back in the black with Rs 519 net profit in Q4

The city-based firm, which has interests in areas like airports, power and roads, had clocked Rs 355...

Road Min to approach CoS on GMR highway project in 2 weeks

GMR Infrastructure early this year had walked out of the project citing difficulties in taking up th...

RoadMin to take up GMR Infra project issue with Committee of Secy

The Ministry and the company are already in discussions to rescue the project.

Visa on Arrival extended to Hyderabad airport

The central government has extended Visa-On-Arrival facility to international passengers travelling ...

First 350 MW unit of GMR’s Kamalanga Plant commissioned

GKEL’s first unit is GMR Group's second coal-based power plant to be declared commercially operation...

GMR submits documents to bid for Philippines airport

The Request for qualification document has been submitted by GMR in a consortium with local Megawide...

DIAL can't display GMR, IPL team logos for free: Auditor

The GMR Group, which holds majority stake in the joint venture running the Delhi airport, has to sha...

Megawide says to tie up with GMR to bid for Philippines project

Philippines-based Megawide Construction Corp has said it has reached an understanding with infrastru...

GMR Group completes sale of Singapore unit

The transaction was concluded on March 28 after getting all the necessary approvals, the company sai...

Preliminary hearing on GMR arbitration next month

Four months after Maldives terminated the contract given to Indian infrastructure major GMR to devel...

GMR Infra rallies 9.5% on bourses

Defying weakness in the stock market, shares of GMR Infrastructure on Monday soared by over 9 percen...

GMR Group's Warora power plant starts commercial generation

GMR Group's thermal power plant at Warora in Maharashtra has started selling electricity from its 30...

Six power plants sitting idle in Andhra Pradesh

As many as six gas-based power plants, including those operated by GMR, Lanco and GVK, with combined...

GMR may sell 5-Star hotel at Hyderabad Airport

Infrastructure builder GMR Group has put its Rs 300-crore five-star hotel at the Rajiv Gandhi Intern...

GMR to sell 70% stake in GMRE Singapore for Rs 2,907 cr

Infrastructure major GMR Group Monday said it will divest its 70 percent stake in GMR Energy (Singap...

GMR in pact with Macquarie SBI to divest 74% in highway project

GMR Group has signed a pact with Macquarie SBI Infrastructure Investments Pte and SBI Macquarie Infr...

GMR Infra Q3 net loss doubles to Rs 217.45 cr

The Bangalore-based infrastructure firm, which operates mainly in airports, roads, power and EPC seg...

GMR Infra gets Rs 415 cr in outstanding dues from Air India

"After long time they (Air India) have given us some sizable money. We received Rs 415 crore on...

GMR synchronises first 350mw unit of Kamalanga plant in Odisha

This is the group's second coal-based plant to be synchronised, according to a statement issued here...

L&T: GMR, GVK road cancellations to have only minimal impact

Engineering and construction major Larsen & Tourbo (L&T) Thursday played down the impact of ...

GMR, GVK exiting mega projects due to unviability: NHAI

GMR and GVK are walking out of mega road contracts as they are unable to arrange funding for those p...

GMR Infra pulls out of highway proj; NHAI mulls legal action

GMR Infrastructure Monday said it has pulled out of Kishangarh-Udaipur-Ahmedabad project, an action ...

Flying out of Delhi will be cheaper from today

Civil Aviation Minister Ajit Singh had earlier directed DIAL and Mumbai International Airport Limite...

India-Malaysia share 'disappointment' over Maldives' move

The termination of USD 511 million GMR Male airport project by the Maldivian government was "me...

GMR starts 2 road projects; expects Rs 1 cr/day revenue

With the commencement of these two projects, the Group has now a portfolio of eight operating highwa...

IIFCL-guaranteed GMR's Rs 316cr long-term bond issue in Jan

The Rs 316-crore issue will be partly guaranteed by IIFCL, a state-run infra lender, through its cre...

India tightens visa rules for Maldivians

Reflecting recent strains with Maldives, India has tightened its visa regulations for the citizens o...

GMR row: India tightens visa rules for Maldivians

Maldivian Nationals now intending to stay in India for more than 90 days for medical, study or any o...

GMR seeks over $800 mn; Maldives insists on forensic audit

The Maldivian government, however, debunked the calculations and insisted on getting a forensic audi...

GMR seeks over $800 mn; Maldives insists on forensic audit

The Maldivian government, however, debunked the calculations and insisted on getting a forensic audi...

GMR Group investigated for alleged violation of tax laws

The government Thursday informed Parliament that Income Tax department had conducted search operatio...

Maldives groups should not misuse GMR issue: Khurshid

The Maldives government's scrapping a USD 500 million deal with Indian construction major GMR is &qu...

Tata Housing not to pull out of Maldives

The Tata group entity also said it is "seriously considering" the island government's offe...

Tata Housing not to pull out of Maldives

The Tata group entity also said it is "seriously considering" the island government's offe...

India has to accept China`s presence in `exclusive` areas: Salman Khurshid

India will have to accept the "new reality" of China`s presence in areas it considers excl...

MACL back at helm at Maldives airport

The Maldives Airport Company Limited took over operations from GMR, which was awarded a USD 511-mill...

MACL takes over airport operations from GMR

There would be three-week transition period during which GMR and state-run MACL will work together.

GMR starts Male Airport handover

After over a week-long legal battle, Indian infrastructure major GMR will hand over the operations o...

We have not asked for funds under standby credit facility: Male

Amid reports that India has stopped funds to Maldives over unilateral decision to terminate GMR con...

India enforces freeze on aid to Maldives: Report

Amid the raging diplomatic row over the unilateral cancellation of the GMR contract, India has put o...

GMR row: India for fulfilment of legal process, contracts relating to compensation

In a clear message to Maldives, India Thursday said it would like to see "fulfilment" of a...

Blow to GMR: Singapore SC rules in favour of Maldives

In a severe blow to Indian infrastructure major GMR, Singapore Supreme Court Thursday ruled that the...

`Maldives has authority to take back airport project from GMR`

Dealing another blow to infrastructure firm GMR’s hopes, a Singapore court on Thursday ruled that th...

Do not rule out role of foreign hand in Male crisis: GMR

"I can't say that for sure. But, looking at the political situation and political framework in ...

GMR row: India warns Maldives of dire outcomes if legal course not followed

India acknowledges that the Maldivian government's decision to cancel GMR's contract for building Ma...

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