This will be the first airport company to be listed on the Indian stock exchanges
The three airports are part of the six airports won by the Adani group under a competitive bidding process
For the full year FY20, GMR reported a total loss of Rs 2,198.49 crore against Rs 3,466.41 crore in FY19
The French airport operator will now pay Rs 9,720 crore instead of Rs 10,780 crore which it had agreed to pay earlier
Both stations will be redeveloped in PPP mode and based on the design, build, finance, operate transfer (DBFOT) model
The state government had proposed the green-field airport at Bhogapuram in Vizianagaram district as an alternative to the existing airport in Visakhapatnam
On February 21, it was announced that Groupe ADP would acquire 49 per cent stake in GMR Airports for Rs 10,780 crore
As part of the terms of transaction, GMR will retain management control over the Airports Business with Groupe ADP having the customary rights
The diversified group had earlier announced offloading 44.44 per cent shareholding in the airport business
"We wish to submit that GMR Infrastructure Ltd has not raised any funds from Tata-GIC," the company said.
ESR and GHAL have entered into a definitive agreement with an equity interest of 70 per cent and 30 per cent respectively in the SPV-GMR Logistics Park Private Limited
Revenues from the Airports segment stood at Rs 1,494. 7 crore against Rs 1,315.5 crore in the second quarter of FY19
GMR has right of first refusal if its bid is equal to or less than 10% of the highest
If concluded, JSW Energy will acquire a power plant after more than four years. It last purchased two hydro power assets from Jaiprakash Power Ventures for Rs 9,700 crore
Bids for airports in Thailand, Indonesia, will sell four road projects
Investment from Tata, Singapore wealth fund now delayed till December
GMR Rajahmundry Energy has implemented a debt resolution plan, after approval from all its lenders
The company reported Rs 4.81 crore profit after tax during the same quarter in FY18.
APFTAL, engaged in the business of providing flight training, had reported a turnover of Rs 4.72 crore for the nine month period ended December 31, 2018
These three firms are among the seven applicants short-listed for participating in the process