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GMR seeks nod for buying out partner's stake in MRO facility

Last Updated: Wednesday, July 23, 2014, 18:16

GMR Group may buyout the entire 50 percent stake owned by its partner Malaysian Aerospace Engineering in an aircraft maintenance repair and overhaul (MRO) unit located at an SEZ near Hyderabad International Airport.

GMR Infra shares tumble 8% on QIP issue

Last Updated: Thursday, July 03, 2014, 18:31

Shares of GMR Infrastructure tumbled about 8 percent Thursday after the company launched a share sale issue to institutional investors.

GMR's Q4 PAT rises to Rs 1,170 cr

Last Updated: Friday, May 30, 2014, 16:00

The surge in the profit is mainly due to offloading its 40 percent stake in ISGIA Airport, Turkey.

GMR consortium wins $700 mn airport project in Philippines

Last Updated: Saturday, April 05, 2014, 16:02

The USD 700 million project includes USD 320 million upfront payment to the Philippines government, a GMR official said here.

GMR-Megawide wins airport deal in the Philippines

Last Updated: Friday, April 04, 2014, 23:03

The deal is the country's first public-private partnership project.

GMR Infrastructure shares gain after unit files for IPO

Last Updated: Monday, March 31, 2014, 19:13

The stock settled 1.39 percent higher at Rs 21.95 on the BSE after rising as much as 5.77 percent to Rs 22.90. On the National Stock Exchange, GMR Infrastructure rose 1.62 percent to Rs 21.95.

GMR Infra stock up over 2% on bourses; m-cap up by Rs 157 cr

Last Updated: Tuesday, March 04, 2014, 19:24

GMR, today said it has forayed into the railway sector, winning a construction package worth Rs 267 crore, alongwith partners, including Tata projects from Rail Vikas Nigam.

GMR Infra's net loss widens to Rs 441 cr in Dec quarter

Last Updated: Wednesday, February 12, 2014, 18:34

GMR Infrastructure Wednesday said its net loss for the quarter ended December 31 widened to Rs 441 crore on account of losses in the group's energy business.

GMR inks pact with MAHB to divest stake in Istanbul airport

Last Updated: Monday, December 30, 2013, 18:59

GMR Infrastructure Monday said the Group has signed a definitive agreement with Malaysian Airports Holding Berhard (MAHB) to divest 40 per cent equity stake in Istanbul Sabiha G'k'en Airport (ISG) and LGM Tourism, for nearly Rs 1,910 crore.

MAHB plans to buy GMR's 40% stake in Turkish Airport

Last Updated: Tuesday, December 24, 2013, 16:01

GMR Infrastructure holds 27.55 percent stake in Sabiha Gokcen airport, and its overseas firm GMR Infrastructure Overseas Ltd holds another 12.45 percent.

GMR Infra gains on Istanbul airport sale prospects

Last Updated: Tuesday, December 24, 2013, 11:15

GMR Infrastructure Ltd gains 2.6 percent after Malaysia Airport Holding Berhard offered 225 million euros to purchase the Indian company's 40 percent stake in Turkey's Sabiha Gokcen Airport and its operating company LGM Tourism.

GMR hopeful of bagging Philippines airport project

Last Updated: Wednesday, December 18, 2013, 23:19

GMR Infrastructure is part of a consortium led by Philippines-based construction company Megawide Construction.