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Page 2 - Gmr Infrastructure

GMR group to list airport business, raise Rs 5,000 crore via securities

This will be the first airport company to be listed on the Indian stock exchanges

GMR group to list airport business, raise Rs 5,000 crore via securities
Updated On : 27 Aug 2020 | 11:48 PM IST

Adani Enterprises up 2% as Cabinet clears leasing of 3 AAI airports to Co

The three airports are part of the six airports won by the Adani group under a competitive bidding process

Adani Enterprises up 2% as Cabinet clears leasing of 3 AAI airports to Co
Updated On : 20 Aug 2020 | 10:42 AM IST

GMR Infra's loss narrows to Rs 1,127 cr in Q4, revenues up at Rs 1,582.5 cr

For the full year FY20, GMR reported a total loss of Rs 2,198.49 crore against Rs 3,466.41 crore in FY19

GMR Infra's loss narrows to Rs 1,127 cr in Q4, revenues up at Rs 1,582.5 cr
Updated On : 30 Jul 2020 | 9:37 PM IST

Groupe ADP, GMR restructure airport deal due to coronavirus pandemic

The French airport operator will now pay Rs 9,720 crore instead of Rs 10,780 crore which it had agreed to pay earlier

Groupe ADP, GMR restructure airport deal due to coronavirus pandemic
Updated On : 08 Jul 2020 | 9:28 AM IST

Adani, GMR among firms keen on revamping Nellore, Tirupati railway stations

Both stations will be redeveloped in PPP mode and based on the design, build, finance, operate transfer (DBFOT) model

Adani, GMR among firms keen on revamping Nellore, Tirupati railway stations
Updated On : 14 May 2020 | 4:59 PM IST

GMR receives LoA for Bhagapuram International Airport from Andhra govt

The state government had proposed the green-field airport at Bhogapuram in Vizianagaram district as an alternative to the existing airport in Visakhapatnam

GMR receives LoA for Bhagapuram International Airport from Andhra govt
Updated On : 13 Apr 2020 | 12:11 PM IST

GMR Infra receives first tranche payment of Rs 5,248 crore from Groupe ADP

On February 21, it was announced that Groupe ADP would acquire 49 per cent stake in GMR Airports for Rs 10,780 crore

GMR Infra receives first tranche payment of Rs 5,248 crore from Groupe ADP
Updated On : 26 Feb 2020 | 11:16 PM IST

GMR Infra jumps 10% as France's Groupe ADP to buy 49% stake in GMR Airports

As part of the terms of transaction, GMR will retain management control over the Airports Business with Groupe ADP having the customary rights

GMR Infra jumps 10% as France's Groupe ADP to buy 49% stake in GMR Airports
Updated On : 24 Feb 2020 | 9:47 AM IST

GMR Infra to sell 49% stake in airport business to Tata Group entity

The diversified group had earlier announced offloading 44.44 per cent shareholding in the airport business

GMR Infra to sell 49% stake in airport business to Tata Group entity
Updated On : 17 Jan 2020 | 2:04 AM IST

GMR Infra's arm raises Rs 2,000 cr through NCDs to retire existing debts

"We wish to submit that GMR Infrastructure Ltd has not raised any funds from Tata-GIC," the company said.

GMR Infra's arm raises Rs 2,000 cr through NCDs to retire existing debts
Updated On : 10 Jan 2020 | 4:37 PM IST

GMR subsidiary forms JV with ESR to develop industrial park in Hyderabad

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

GMR subsidiary forms JV with ESR to develop industrial park in Hyderabad
Updated On : 09 Jan 2020 | 8:24 PM IST

GMR's net loss widens to Rs 457 crore in Q2, revenue at Rs 2,018 crore

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's net loss widens to Rs 457 crore in Q2, revenue at Rs 2,018 crore
Updated On : 15 Nov 2019 | 5:21 PM IST

Adani, GMR Infra, Fairfax in race to build international airport in Jewar

GMR has right of first refusal if its bid is equal to or less than 10% of the highest

Adani, GMR Infra, Fairfax in race to build international airport in Jewar
Updated On : 31 Oct 2019 | 9:58 PM IST

JSW Energy in talks to buy GMR's Odisha power plant for undisclosed sum

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

JSW Energy in talks to buy GMR's Odisha power plant for undisclosed sum
Updated On : 07 Oct 2019 | 9:52 PM IST

GMR aims to boost international airport business, from Europe to Indonesia

Bids for airports in Thailand, Indonesia, will sell four road projects

GMR aims to boost international airport business, from Europe to Indonesia
Updated On : 26 Sep 2019 | 10:03 PM IST

GMR Airports to raise Rs 650 cr via bonds by September end to pay off debt

Investment from Tata, Singapore wealth fund now delayed till December

GMR Airports to raise Rs 650 cr via bonds by September end to pay off debt
Updated On : 22 Sep 2019 | 11:43 AM IST

GMR Infrastructure takes Rs 2,212 crore impairment on two power plants

GMR Rajahmundry Energy has implemented a debt resolution plan, after approval from all its lenders

GMR Infrastructure takes Rs 2,212 crore impairment on two power plants
Updated On : 30 May 2019 | 11:15 PM IST

GMR Infrastructure suffers Rs 2,341-cr loss in Q4 due to impairment hit

The company reported Rs 4.81 crore profit after tax during the same quarter in FY18.

GMR Infrastructure suffers Rs 2,341-cr loss in Q4 due to impairment hit
Updated On : 30 May 2019 | 11:18 AM IST

GMR Hyderabad International Airport divests stake in flight training arm

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

GMR Hyderabad International Airport divests stake in flight training arm
Updated On : 04 Mar 2019 | 11:21 AM IST

GMR, GVK, Doit Smart Infra file bids for Bhogapuram airport project in AP

These three firms are among the seven applicants short-listed for participating in the process

GMR, GVK, Doit Smart Infra file bids for Bhogapuram airport project in AP
Updated On : 23 Feb 2019 | 12:44 AM IST