Infrastructure developer GMR Group plans to set up an airport-based special economic zone near the new Hyderabad International Airport, which it has the mandate to develop.
Delhi Capitals join hands with Satya Nadella to own MLC team in US
I-T teams have scanned documents and payment details related to TDS.
The expansion of the terminal is expected to raise the annual passenger capacity of the airport to 12.5 million.
At present, the Mactan Cebu International Airport can handle seven million passengers a year
GMR Infra's exit from this project, expected this year, will mark the company's waning global presence after a very aggressive expansion.
Malaysia Airports Holdings Berhad is the minority partner with 11 per cent and 10 per cent stakes in the Hyderabad airport and the New Delhi airport respectively.
In the 82 matches he has donned the red and blue of the Capitals, Patel scored 967 runs and picked up 62 wickets, at an impressive economy of 7.09.
Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy met business tycoons Mukesh Ambani of the Reliance Group, Naveen Jindal of Jindal Steel, G M Rao of the GMR Group, founder-chairman of Cyient B V Mohan Reddy among others at the Global Investors Summit 2023 'Advantage Andhra Pradesh' in Vishakapatnam, March 3, 2023.
Sources in the government said the roof that collapsed at T1 was constructed during 2008-09 and that the work was contracted out by GMR to private contractors.
Delhi Capitals remove Ponting from head coach's post, Ganguly could assume new role
The Emirates Cricket Board will conduct the inaugural International League T20 from January 6 to February 12, 2023, with three IPL franchises owning outfits in the six-team league.
Offers 12.60% in revenue share to Cidco, while only other bidder GMR offered 10.44%.
Being touted as a competitor to the country's busiest Delhi airport -- which handles approximately 1,200 flights a day -- the Noida airport was expected to start flight operations by the end of this year. But supply-chain disruption, caused by pandemic and subsequent global upheaval, has hit the pace of construction at the airport which is coming up in the Jewar area of UP's Gautam Budh Nagar, some 75-km from the Delhi airport.
If the deal comes to fruition, it will make Hampshire the first county side to be owned by an overseas franchise.
RPSG Group Chairman Sanjiv Goenka enjoyed himself as his newly acquired Lucknow team won by six runs to inch closer to the play-offs while JSW Group's MD and Chairman Sajjan Jindal saw his Delhi team slip to their fifth loss from nine games.
The Delhi airport, the country's busiest airport, on Friday early morning witnessed the collapse of a roof at Terminal 1 amid heavy rains that killed one person, prompting the government to order a detailed probe and an inspection of the structural strength of all airports.
GVK Group that runs the swanky MIAL (Mumbai international airport) pipped rival GMR Group to bag the contract for the proposed facility in Navi Mumbai which will ease the severe congestion at the Chhatrapati Shivaji International Airport.
Infra major GMR is hopeful of maintaining strong order book.
San Francisco Unicorns, Los Angeles, New York, Seattle Orcas, Texas and Washington DC are the six teams competing in the T20 tournament, to be held in the US in July.
In a development that could speed up the about Rs 9,000 crore (Rs 90 billion) Delhi Airport modernisation work, the Attorney General has supported project promoter GMR Group's plan to take advances from commercial developers. The report may help Delhi International Airport Ltd) achieve financial closure for the Rs 8,900 crore (Rs 89 billion) project for which the company has proposed to raise Rs 3,144 crore (Rs 31.44 billion) by way of trade advances and deposits.
While about 8,000 people are in the long list of invitees, the select list features 506 A-listers, including prominent politicians, leading industrialists, top film stars, sportspersons, diplomats, judges and high priests.
Under the new norms, passengers coming from 12 'at risk' countries/regions undergo an RT-PCR test and wait for result at the airport before leaving or taking a connecting flight
Maldives Attorney-General Ahmed Ali Sawad's legal opinion, dated December 28, 2010, was shared by GMR sources on Tuesday.
189 people working at 59 Indian airports were found drunk on duty in the first half of this year, marking a 32 per cent year-on-year increase.
The debt-laden company, which recently won its first railway construction project, is looking at a four-fold increase in its order book next year.
Reliance-ASA on Monday emerged as the highest financial bidder for the Delhi airport modernisation project, offering 46 per cent of revenue share to government for the work.
Stephen Fleming will be the coach of Dallas-based Major League Cricket (MLC) club Texas Super Kings (TSK), which announced its partnership with IPL side Chennai Super Kings (CSK).
These would include passenger engagement initiatives, consumer offers, and curated menus at food and beverage outlets.
The board of directors of Jet Airways has given its in-principle approval to acquire 26 per cent stake in MAS GMR Aerospace Engineering Company for an unspecified amount.
Asset sales have helped ease investors' worry but debt remains at alarming levels
Visitors from 11 countries will be eligible to get a VoA from May 31 at Rajiv Gandhi International Airport, GMR said.
India's leading private airport developers, GMR and GVK groups, are planning to bid for the modernisation of Ngurah Rai International Airport in Bali, Indonesia. Both are currently undertaking feasibility studies and preparing to participate in the tender process, sources said.
Norms limiting airlines' stake in SPVs managing airports to hurt Tatas.
ADA Group's Reliance Energy and GMR Infrastructure are the two Indian firms that have been shortlisted in the bidding process to acquire Singapore's Tuas Power, one of the three power firms put on block.
The present offer is a third of Homeland Mining's initial valuation. GMR Energy, a part of GMR Infrastructure, had valued this coal mining firm at $310 million when it acquired a small stake in April 2008. "In our due diligence, we have found out that we had valued this firm much higher based on various factors such as how many layers one has to mine to access the worthwhile coal," a GMR Group official said.
GMR Infrastructure, which manages two airports in India, at Delhi and Hyderabad, seems hungry for more.