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Madhu Terdal

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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......

Sell assets: GMR Infra's mantra to fight debt

Asset sales have helped ease investors’ worry but debt remains at alarming levelsThe rapid rise in GMR Infrastructure’s debt has been a concern for investors. By December last year, the......

GMR to set up rural BPO centre

Kakinada Special Economic Zone (Kakinada SEZ), being developed by GMR group, entered into a partnership agreement with Bengaluru-based RuralShores for setting up a business process outsourcing......

India's GMR to buy half of InterGen for $1.1bn

Indian infrastructure group GMR on Wednesday agreed to buy half of US power producer InterGen for about $1.1bn from an investment firm backed by American International Group and Highstar Capital.......

GMR bags Istanbul airport project

Amid stiff global competition from major airport construction companies, a consortium led by Indian developer GMR has bagged an about Rs 11,000-crore (two-billion-euro) project to modernise......

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