Wed, Mar 11, 2020
Delhi's Indira Gandhi International Airport (IGIA) has been named the world’s best airport in the Airport Service Quality Programme (ASQ) 2019 rankings, a GMR Group release said
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Fri, Feb 21, 2020
GIL has entered into a partnership with France`s Groupe ADP to sell 49 per cent stake in its airports arm for an equity consideration of Rs 10,780 crore.
Wed, May 08, 2019
Airport companies such as GMR and GVK want the government to exempt them from withholding tax on payment of interest on overseas bonds having a maturity period of more than five years.
Tue, Feb 26, 2019
The current proposal is for phase-I of the airport where the airstrip would be developed for operation of Airbus-A380 type of aircraft.
Fri, Feb 22, 2019
The concession period for the project is 35 years including phase 1 construction of five years, the company added.
Thu, Nov 01, 2018
GMR Hyderabad International Airport Limited (GHIAL) has said it signed a definitive agreement to acquire the entire stake held by Menzies Aviation Cargo (Hyderabad) Ltd in Hyderabad Menzies Air Cargo Private Limited Limited for about Rs 60 crore.
Mon, Oct 01, 2018
GMR Infrastructure's subsidiary GMR Airports has emerged as the highest bidder for privatisation of the Nagpur Airport.
Mon, Sep 24, 2018
GMR Group chairman G M Rao fears that the corporate profits will fall in the near future. Explaining the rationale behind this, he said that the world is on an “increasing trend of volatility and unpredictability.”
Fri, Jun 02, 2017
GMR Group today said it is planning to refinance loans and divest assets in road and power sectors to cut debt even as it is looking at investing up to Rs 7,400 crore to expand Delhi and Hyderabad airports.
Mon, Aug 29, 2016
Moody's Investors Service on Monday cut credit rating of DIAL, which operates the international airport in New Delhi, citing concerns over "cash flow generation" level.
Tue, May 31, 2016
The company had posted a net loss of Rs 891.9 crore in the year-ago period.
Tue, May 10, 2016
The deal comes as most Indian power companies are struggling with softer-than-expected demand and heavy debt brought on by years of aggressive expansion, inviting pressure from lenders to divest assets to repay loans.
Sat, Apr 16, 2016
An epochal event, that should resonate for every globalised Indian business, brought down the curtains on an eventful 2015-16.
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