MAMPL exits DIAL, GMR airports acquires its 10% stake

GMR Airports, a subsidiary of GMR infrastructure, has acquired 10 percent additional stake from Malaysia Airports (Mauritius) Private Limited for a consideration of USD 80 million, raising its stake to 64 percent in Delhi International Airport Limited.

GMR Infra to consolidate holdings in GMR Airports

GMR Infrastructure will acquire shares from investors in its subsidiary GMR Airports as the company looks to consolidate its holdings.

AI owes Rs 450 cr, KFA Rs 75 cr to GMR airports

Air India owes Rs 450 crore, beleaguered Kingfisher Airlines has unpaid dues of Rs 75 crore and both carriers have been put on the cash-and-carry mode of payment.