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GMR says Maldives govt, aviation agency liable to pay damages

Last Updated: Thursday, June 19, 2014, 16:08

The GMR Group, which had to exit the Male airport project, today said a tribunal has declared the Maldivian government and the nation's airport agency "jointly and severally liable in damages" to the company for loss caused by the wrongful repudiation of the agreement.

GMR gets respite in Male airport row

Last Updated: Monday, June 17, 2013, 22:43

In a relief for GMR, the Maldives' anti-graft watchdog is believed to have ruled out any corruption in the leasing of Ibrahim Nasir International Airport here to the Indian infrastructure major by the previous administration.

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

Last Updated: Sunday, June 09, 2013, 16:13

Nearly seven months after GMR's over USD 500 million Male airport project was terminated, former President and key political player Maumoon Abdul Gayoom says his party is open to do business with the Indian infrastructure major if it comes back to power.