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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.

Philippines awards $390-mn Cebu airport deal to GMR-Megawide group

Last Updated: Saturday, April 05, 2014, 12:14

GMR and Megawide submitted the best bid for the biggest infrastructure deal offered to investors so far under the government`s Public-Private Partnership (PPP) programme, the Department of Transportation and Communications (DOTC) said.

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 may challenge order scrapping UDF at Hyderabad airport

Last Updated: Thursday, March 13, 2014, 21:51

GMR Hyderabad International Airport Ltd is considering challenging the regulator's order scrapping the user development fee at Rajiv Gandhi International Airport here, a group official said Thursday.

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 forays into railway sector

Last Updated: Tuesday, March 04, 2014, 14:19

Infrastructure major GMR, with interests in airports, energy and highways, has forayed into the railway sector, winning a construction package worth Rs 267 crore, alongwith partners including Tata projects, from Rail Vikas Nigam.

CIL board agrees to fuel to power cos till they develop mines

Last Updated: Sunday, March 02, 2014, 13:09

The board of Coal India has agreed to supply fuel to power units of GMR and Sterlite, among others, till the time they start production from their captive mines.

GMR sells 74% stake in a highway project to IIF

Last Updated: Tuesday, February 18, 2014, 20:25

GMR Group on Tuesday said it has sold its 74 percent stake in a 73-km long highway project to India Infrastructure Fund (IIF).

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.

No possibility of GMR return in airport project: Maldives Prez

Last Updated: Sunday, January 12, 2014, 15:03

The President has already talked about a out-of-court settlement in the matter.

MGAT seeks govt nod to repair 14 grounded aircraft of KFA

Last Updated: Monday, January 06, 2014, 18:59

The aircraft (7 ATRs and 7 Air Bus 320) were grounded in various airports of Delhi, Chennai, Bengaluru and Kolkata due to operational problems and subsequent financial crisis faced by the airlines.