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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......

Eat less instant noodles and more local seafood: Xi tells Chinese tourists

President Xi Jinping has appealed to Chinese tourists not to leave a bad reputation behind, and eat fewer cups of instant noodles while travelling abroad. "Do not litter water bottles everywhere.......

India's message to Nepal, Maldives: Allow democracy to take root

India aims to gently encourage moderate and democratic forces in Nepal and Maldives towards building a less fractured polity, writes Shubha SinghThere has been some quiet diplomacy at work by the......

Why Maldives feels it can defy India

Unless our neighbours have a stake in our progress and success, they will challenge our role in various ways and power will become irrelevant, says Ambassador T P Sreenivasan. The day former......

'No immediate result expected from India-China talks'

India and China are moving sensibly in the right direction on the border issue but no immediate result is expected from the talks as they are "very complicated" and "sensitive", External Affair......

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......

GMR consortium to run Philippines airport

GMR-Megawide consortium is set to takeover operations of Mactan-Cebu International Airport in the Philippines from Friday midnight tonight, a senior official of the Indian infra major said. "The......

GMR gets respite in Male airport issue

GMR Infrastructure Ltd, which was forced to give up a $511-million (Rs 2,960 crore on Tuesday) international airport project in Male late last year over alleged irregularities in the bidding stage,......

MACL back at helm at Maldives airport

Two years after it handed over the Male International Airport's operations to Indian infrastructure major GMR, the Maldives' state-run MACL was back at the helm on Saturday.The Maldives Airport......

'The GMR case shows our no-nonsense approach'

As GMR Group exited Male International Airport, handing charge to Maldives Airport Company Ltd ( MACL), the country's president, Mohamed Waheed, responded to Disha Kanwar through an emailed......
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Foreign invasion

The island nation of Maldives celebrated its 50th year of independence in the midst of some troubling political developments that included the... ...

http://www.mydigitalfc.com/opinion/bdiplomatic-enclaveb-foreign-invasion-702
The Risk Landscape

No risk, no profit has been the mantra for businessmen for ages. Risk, however, has acquired a strange twist in recent years. Late last year, a... ...

http://www.cfo-india.in/articles/1000741/the-risk-landscape
Maldives allows foreign ownership of land despite opposition concern

MALE, July 23 (Reuters) - The Maldives ratified legislation on Thursday to allow foreigners with investment of more than $1 billion to own land... ...

http://www.sify.com/finance/maldives-allows-foreign-ownership-of-land-despite-opposition-concern-news-real-estate-phxsuxehjgaca.html
Foreign investors can own land in Maldives

Male/New Delhi, July 22 The Maldives has allowed foreign investors with a minimum of $1 billion to lease land in the Indian Ocean nation on a... ...

http://www.prokerala.com/news/articles/a569799.html
Debt-led growth takes a toll on GMR

Infrastructure conglomerate GMR Group first made it to national headlines in 2006 when it pipped the Reliance Anil Dhirubhai Ambani Group, now... ...

http://www.livemint.com/Companies/FhYgx19YxBvqQhPNbE3YML/Debtled-growth-takes-a-toll-on-GMR.html

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