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GMR to spend Rs 20k cr on airports' development

GMR to spend Rs 20k cr on airports' development

Rediff.com20 Aug 2021

GMR Group is currently investing Rs 20,000 crore to expand the existing airports and developing new aerodromes, GM Rao, chairman of the infra major has said. "Airport Development and Construction: GMR Group has set benchmarks for development of world class Airport infrastructure... Your company is currently investing approximately Rs 20,000 crore to expand the existing airports and develop new Aairports," he said in the group's latest annual report. GMR's airport business comprises four operating airports - Indira Gandhi International Airport, Delhi, Rajiv Gandhi International Airport, Hyderabad, Bidar Airport at Karnataka and Mactan Cebu International Airport in the Philippines.

How Covid-19 weakened Air Asia India beyond recovery

How Covid-19 weakened Air Asia India beyond recovery

Rediff.com31 Jul 2020

In India, many players are in the throes of chaos and pain but at least one partnership -- Air Asia India -- that was fraying even before the pandemic now finds itself at breaking point, says Anjuli Bhargava.

French co to buy 49% stake in GMR airport

French co to buy 49% stake in GMR airport

Rediff.com21 Feb 2020

Out of the total amount, Rs 9,780 crore would be towards secondary sale of shares by GMR group and Rs 1,000 crore would be equity infusion in GAL.

Airports infrastructure in take-off mode with the entry of Adani, Tata

Airports infrastructure in take-off mode with the entry of Adani, Tata

Rediff.com10 Apr 2019

With passenger growth pegged at 14 to 15 per cent, airport infrastructure could be a make or break business for both new players and incumbents.

With GMR pie under its wing, Tatas check into airport business

With GMR pie under its wing, Tatas check into airport business

Rediff.com28 Mar 2019

The deal will give India's largest conglomerate indirect stakes in seven airports in India and abroad.

31 images you won't believe were taken only on an iPhone

31 images you won't believe were taken only on an iPhone

Rediff.com6 Jul 2017

The tenth annual iPhone Photography Awards received thousands of entries -- all submitted by amateur photographers from more than 140 countries around the world.

'I don't understand why men feel sex is so important'

'I don't understand why men feel sex is so important'

Rediff.com6 Sep 2016

Straight talk from Femina Miss India Earth 2011 Hasleen Kaur.

Singapore Airlines offers to buy rest of Tiger Airways

Singapore Airlines offers to buy rest of Tiger Airways

Rediff.com6 Nov 2015

Tiger operates Airbus A320s and was set up by SIA and Singapore's national investment firm, Temasek Holdings, in 2004.

AirAsia's potential management-led buyout faces headwinds

AirAsia's potential management-led buyout faces headwinds

Rediff.com7 Oct 2015

AirAsia has come under scrutiny since June when GMT Research issued a critical report questioning its accounts.

Home of the strange: The incredibly bizarre world!

Home of the strange: The incredibly bizarre world!

Rediff.com24 Jul 2015

15 photographs that prove we live in an odd, odd world!

WTF News: It's Weird, True and Funny

WTF News: It's Weird, True and Funny

Rediff.com30 Jan 2015

Weekly digest of all the oddest news!

GMR consortium to run Philippines airport

GMR consortium to run Philippines airport

Rediff.com31 Oct 2014

The expansion of the terminal is expected to raise the annual passenger capacity of the airport to 12.5 million.

IndiGo may place big aircraft order by early 2015

IndiGo may place big aircraft order by early 2015

Rediff.com14 Oct 2014

The airline has also inked a deal to take 12 A320s from Singapore's Tiger Airways on lease.

AirAsia has tougher battle on home turf

AirAsia has tougher battle on home turf

Rediff.com9 Oct 2014

AirAsia's rival airlines in India have kept themselves super-busy in the past few months -- by moving court against the former's launch, adding flights on the routes where AirAsia is operating, and engaging in a price war.

We are aiming for 85% load factor in 2 years: Air Asia chief

We are aiming for 85% load factor in 2 years: Air Asia chief

Rediff.com22 May 2014

AirAsia plans to sell 12 planes this year, a move that will bring in around 500 million ringgit ($156 million) in net profit.

Philippines signs airport pact with GMR despite legal issues

Philippines signs airport pact with GMR despite legal issues

Rediff.com23 Apr 2014

At present, the Mactan Cebu International Airport can handle seven million passengers a year

Is infra major GMR ready to turn around?

Is infra major GMR ready to turn around?

Rediff.com15 Apr 2014

Infra major GMR is hopeful of maintaining strong order book.

GMR consortium set to win $400 mn Philippine deal

GMR consortium set to win $400 mn Philippine deal

Rediff.com12 Dec 2013

The consortium beat six others at an auction on Thursday

Despite Male sting, GMR set for Filipino project

Despite Male sting, GMR set for Filipino project

Rediff.com19 Mar 2013

Last year, the Philippine government had invited bids to upgrade the Mactan-Cebu International Airport, the country's second busiest airport.

In Pictures: 30 Years Of Michael Jackson's Thriller

In Pictures: 30 Years Of Michael Jackson's Thriller

Rediff.com4 Dec 2012

The late legend's iconic music video has spawned countless flash mobs, halloween parties and other inspirations all across the world.

Philippines' voice-BPO growth no threat to India

Philippines' voice-BPO growth no threat to India

Rediff.com24 Feb 2012

Philippines might have emerged as the new capital for call centre works, but the country still has a long way to go to match India in the overall business process outsourcing (BPO) segment not just in terms of size of the industry, but also in terms of range of services.

Toll in Philippines earthquake climbs to 56

Toll in Philippines earthquake climbs to 56

Rediff.com8 Feb 2012

Rescuers assisted by armed forces scrambled to find survivors in quake-hit central Philippines on Tuesday but a series of powerful aftershocks hampered them, as President Ninoy Aquino appealed for calm, a day after a 6.8 temblor shook the country killing at least 56 people.

India's domination of BPO sector continues

India's domination of BPO sector continues

Rediff.com15 Oct 2008

India's representation in the top 50 Emerging Global Outsourcing cities has grown to four, from last year's three, with the addition of Jaipur to the list at number 31. The other Indian cities in the list include Kolkata at number six, Chandigarh at 12 and Coimbatore at 17, says the study.

'Wanna beat rice crisis, go for sweet potatoes'

'Wanna beat rice crisis, go for sweet potatoes'

Rediff.com2 May 2008

In a recent call to Filipinos, president Arroyo said they should boil rice with sweet potatoes or they should go for cheaper cereals to avoid going hungry as rice prices soared to record levels. "This is a once-a-millennium global crisis. We have an action plan," Arroyo said, noting that residents of the central island of Cebu are already using cheap sweet potatoes to beat the crisis.

Fear of the unknown tempers IPO hopes

Fear of the unknown tempers IPO hopes

Rediff.com25 Jan 2008

Last week's frenzy surrounding India's record initial public offering of Reliance Power was extraordinary - it seemed that everyone wanted a piece of it. The company, expected to make its public debut next month, attracted $190bn for $3bn worth of shares from institutions and retail investors. This week, things could hardly be more different.

Good timing for PM's visit to China

Good timing for PM's visit to China

Rediff.com9 Jan 2008

For reluctant optimists like me, there are still some inconvenient truths. I believe that the time has come for India to follow the example of China who, in Sonia Gandhi's words, has 'shown the world how much could be achieved with pragmatism, clarity of vision.'

Philippines: the new hotspot for IT firms

Philippines: the new hotspot for IT firms

Rediff.com7 Jan 2008

Indian IT-BPO firms are looking at Philipines as a viable option to build outsourcing centres.

Wipro centre in the Philippines

Wipro centre in the Philippines

Rediff.com3 Jan 2008

Wipro BPO has opened a centre in Cebu, the Philippines, as a part of its global strategy.

India, China upbeat about ties

India, China upbeat about ties

Rediff.com21 Nov 2007

The two leaders are understood to have discussed ways to expand bilateral ties. The 30-minute meeting took place on the sidelines of the ASEAN-India summit. Trade between the two countries has been growing at a rapid pace and the two nations have set an ambitious target of $10 billion to be achieved by 2010.

East Asian leaders agree on energy cooperation

East Asian leaders agree on energy cooperation

Rediff.com15 Jan 2007

Faced with high energy costs hitting economies of the region, leaders of Association of South East Asian Nations and their dialogue partners on Monday agreed to strengthen regional cooperation on energy security

Dr Singh likely to visit China in 2007

Dr Singh likely to visit China in 2007

Rediff.com14 Jan 2007

"The Chinese premier underlined that whatever anybody might say, India and China are friendly neighbours and have a common view of how the world should be looked at," Naraynan said.

Decks cleared for India-ASEAN trade pact

Decks cleared for India-ASEAN trade pact

Rediff.com14 Jan 2007

"We hope to reach a solution by July 2007," the minister said after the ASEAN-India economic minister's meeting held in Cebu, Philippines.

India ready for open skies with ASEAN

India ready for open skies with ASEAN

Rediff.com14 Jan 2007

"Greater connectivity is also central to the idea of regional economic integration," the prime minister said in his speech at the fifth India-ASEAN summit in Cebu, Philippines.

PM arrives in Philippines for India-ASEAN summit

PM arrives in Philippines for India-ASEAN summit

Rediff.com13 Jan 2007

The prime minister said he would hold bilateral meetings, among others, with Philippines President Gloria Macpagal Arroyo, Chinese Premier Wen Jiabao and Vietnam's Prime Minister Nguyen Tan Dung.

India seeks closer engagement with East Asia: PM

India seeks closer engagement with East Asia: PM

Rediff.com13 Jan 2007

Prime Minister Manmohan Singh will leave for the 5th Indo-Association of Southeast Asian Nations summit and the 2nd East Asian summit to be held in Cebu, Philippines on Saturday morning.

PM to seek consensus on FTA

PM to seek consensus on FTA

Rediff.com12 Jan 2007

With India and the Asean clearing a major roadblock to a proposed free trade agreement, Prime Minister Manmohan Singh is expected to seek a broad consensus for its early implementation during the India-Asean Summit in Philippines.

Trade deal in sight as Asean okays India's negativ

Trade deal in sight as Asean okays India's negativ

Rediff.com12 Jan 2007

The proposed Foreign Trade Agreement between India and Asean got a boost today as trade ministers of Asean countries agreed to India's proposal for reducing the negative list to 490 items

Why the prime minister is going to Philippines

Why the prime minister is going to Philippines

Rediff.com10 Jan 2007

On the sidelines of the India-ASEAN summit, Prime Minister Singh might also have bilateral meetings with some of the leaders.

PM meets President

PM meets President

Rediff.com6 Jan 2007

In the backdrop of stepped up violence in Assam by United Liberation Front of Asom militants, Prime Minister Manmohan Singh on Saturday met President A P J Abdul Kalam.

ASEAN Summit: Dr Singh, Jiabao meet postponed

ASEAN Summit: Dr Singh, Jiabao meet postponed

Rediff.com10 Dec 2006

Wen has postponed an official visit to the Philippines, which was originally scheduled for December 13-14, Foreign Ministry spokesman Qin Gang announced in Beijing on Sunday.

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