Indian firm skips midnight ceremony Maldives terms takeover a victory for its people.
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.
It is business as usual at Ibrahim Nasir airport; Maldives to retain staff hired by GMR.
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 'wrongfully' terminating the international airport contract in that country's capital.
Maldivian President Abdulla Yameen Abdul Gayoom had a lucky escape while his wife and two others were injured when an explosion ripped through their speedboat as they returned home after performing Haj in Saudi Arabia on Monday.
Anti-Corruption Commission rules out graft.
The claim was filed on Friday before an Arbitration Court in Singapore and a final order in the matter is likely to come out by end of March next year.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances