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Maldives takes over airport operations from GMR

Maldives' state-run MACL on Friday night took over the operations of the Male international airport from GMR after the Indian infrastructure major lost a week-long legal battle over the......

GMR claims $803 mn for termination of Male Airport contract

GMR Male' International Airport Private Limited (GMIAL), a subsidiary of GMR Infrastructure Limited (GMR), has claimed $803 million (around Rs 4,987 crore) from the Maldivian government for......

Modi's $1-bn loan to help Indian infra cos in Nepal

GMR, Tata, Jindal will set up hydro projects in Nepal, sell power to IndiaThe Modi government's $1 billion worth concessional loans to help build power plants and roads in Nepal will be a big help......

Delhi land sale: GMR may get over Rs 100 crore per acre

GMR Infra, a publicly held firm that manages the Delhi international airport, is set to kickstart the second phase of monetisation of its 230-acre land parcel near the airport.  The price it......

Is infra major GMR ready to turn around?

The infrastructure major's asset-light strategy is showing results, but it could still be a while before its debt burden reduces substantially. After a lull of nearly four years, GMR Infrastructure......

GMR Holdings: Trusts of G M Rao, sons, son-in-law get equal control

Shareholding in GMR Holdings, the apex decision-making body for the GMR group, including flagship publicly-held GMR Infra, has been divided equally among four key trusts -- one each owned by Group......
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Sun Pharma, Jubilant Life, TVS Motor, Sesa

H Sun Pharma to buy GSK's Opiates in Australia Sun Pharma Says GSK Opiates Biz & Portfolio Of Pdts To Transfer To Co's Arm CNBC-TV18 ALERT... ...

http://www.moneycontrol.com/news/stocksnews/stocksnews-sun-pharma-jubilant-life-tvs-motor-sesa_1318943.html
GMR Infra plans Rs 1,400-cr rights issue

Infrastructure development company, GMR Infrastructure aims to raise a little over R1,400 crore through a rights issue. The Bangalore-based company... ...

http://www.financialexpress.com/article/markets/indian-markets/gmr-infra-plans-rs-1400-cr-rights-issue/49668/
Sensex, Nifty sluggish; GMR tanks 7%, autos weak

Shares of GMR Infra slipped 7 percent intraday. The board has agreed to raise Rs 1401.83 crore via rights issue. Issue price is finalised at Rs 15... ...

http://www.moneycontrol.com/news/local-markets/sensex-nifty-sluggish-gmr-tanks-7-autos-weak_1318093.html
GMR Infra tanks 7%, co to raise Rs 1400 cr via rights issue

Dragged by higher finance cost, the company's net loss increased in December quarter to Rs 638.33 crore. Finance cost surged to Rs. 927.56 crore in... ...

http://www.moneycontrol.com/news/buzzing-stocks/gmr-infra-tanks-7-co-to-raise-rs-1400-cr-via-rights-issue_1318092.html
Nifty remains above 8,900

The market has recovered from the lows of the day and now is trading on a flat note in the noon deals. Sustained buying in infra, banking and... ...

http://www.indiainfoline.com/article/news-top-story/nifty-remains-above-8-900-115030200152_1.html

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