gmr-airport - Latest News on gmr-airport | Read Breaking News on Zee News

GMR seeks $1.4 billion in damages from Maldives

Last Updated: Friday, June 21, 2013, 15:47

The claim was today filed before an Arbitration Court here and a final order in the matter is likely to come out by end of March next year.

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

Last Updated: Thursday, April 11, 2013, 22:08

The GMR Group, which holds majority stake in the joint venture running the Delhi airport, has to share the revenue it earns from displaying ads of GMR and its Indian Premier League team at the airport with its partner AAI, an independent auditor is learnt to have said.

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

Last Updated: Thursday, December 06, 2012, 18:40

In a clear message to Maldives, India Thursday said it would like to see "fulfilment" of all legal process and adherence to all relevant contracts and agreements regarding the compensation in the USD 500 million GMR Male airport project.

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

Last Updated: Thursday, December 06, 2012, 13:30

Dealing another blow to infrastructure firm GMR’s hopes, a Singapore court on Thursday ruled that the Maldives Government can take back the Male International Airport from the private firm.

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

Last Updated: Wednesday, December 05, 2012, 18:23

India acknowledges that the Maldivian government's decision to cancel GMR's contract for building Male airport is a domestic issue but it is upset over "anti-India sentiment being whipped up" in connection with the issue there.

Maldives to go ahead with takeover of GMR airport project

Last Updated: Tuesday, December 04, 2012, 18:02

However, the Indian infrastructure major has denied that any deal for handing over the airport project has been worked out with Maldives.

Talk of reclaiming airport from GMR will be damaging: Nasheed

Last Updated: Monday, November 05, 2012, 18:49

Batting strongly against pro-government parties' efforts to reclaim Male International Airport from Indian firm GMR, former President Mohamed Nasheed said the move would cause "irrevocable" damage to the country.

GMR makes case for hiking airport tariff, cites Rs 229 cr loss

Last Updated: Wednesday, February 08, 2012, 18:51

The aeronautical tariff rates are less than half compared to that in Bangkok, Hong Kong or Singapore.

GMR eyes $500-mn investment in overseas airport projects

Last Updated: Sunday, November 13, 2011, 18:58

Leading airport operator GMR on Saturday said it has an investment pipeline of USD 7-8 billion for the next three years, including USD 500 million for airport projects in the overseas markets.