Infra major's entry could queer the pitch for Jaypee and Hindustan Semiconductor.
The Tamil Nadu government on Monday entered into a joint venture with Hyderabad-based GMR Infrastructure Ltd to set up a multi-product Special Economic Zone in the state's Krishnagiri district at a cost of Rs 2,300 crore (Rs 23 billion).
Delhi International Airport, a subsidiary of GMR Infrastructure, will absorb all general employees of Airports Authority of India, working at Indira Gandhi International Airport, New Delhi. There are over 2,300 general employees of AAI.
Narayana Murthy said reality is 'what you make.'
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.
GMR Group-led DIAL, which manages and operates India's largest airport, recently requested the AERA to double the user development fee (UDF) for international business and first-class travellers compared to economy and premium economy over the next four years. It has also sought higher UDF for all domestic passengers flying during peak hours -- 5 am-8:55 am and 5 pm-8:55 pm.
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
Delhi Capitals join hands with Satya Nadella to own MLC team in US
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.
Mumbai Indians, Kolkata Knight Riders, Rajasthan Royals, Sunrisers Hyderabad and Lucknow Super Giants are among the IPL franchises who have submitted bids.
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.
Offers 12.60% in revenue share to Cidco, while only other bidder GMR offered 10.44%.
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.
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.
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.
Delhi Capitals remove Ponting from head coach's post, Ganguly could assume new role
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.
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.
If the deal comes to fruition, it will make Hampshire the first county side to be owned by an overseas franchise.
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.
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.
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.
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.
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.
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.
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
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.
These would include passenger engagement initiatives, consumer offers, and curated menus at food and beverage outlets.
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.
Visitors from 11 countries will be eligible to get a VoA from May 31 at Rajiv Gandhi International Airport, GMR said.
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