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GMR Airports Infrastructure Announces Merger With GMR Airports
GMR Airports Infrastructure Ltd (GIL) has announced the merger of GMR Airports Limited with GIL. The merger is subject to regulatory approvals and expected to be completed within the next financial year.
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Alstom, Bombardier, 21 Other Firms Attend Railways' Meet For Running Private Trains
Twenty-three firms including Alstom Transport India Ltd, Bombardier Transportation India, Siemens Limited, GMR Infrastructure and some PSUs have shown interest in operating private trains in the country, and they attended a pre-application meeting Wednesday as a first step, the Railways said.
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GMR Infrastructure To Sell 49% Stake In Airports Business
According to a regulatory filing, Tata Group's TRIL Urban Transport Private Ltd will acquire stake in GMR Airports.
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Sebi To Probe Firms Named In 'Paradise Papers'
'Paradise Papers' investigation has explored 13.4 million leaked files from offshore law firms and company registries in some secretive countries.
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JSW Shelves Cricket Plans Due to 'Negative Aura' of IPL
Some of India's biggest corporate names are investors in teams competing in what is the world's most lucrative cricket league -- including Reliance Industries Ltd, builder GMR Infrastructure Ltd, and United Spirits Ltd, owned by British beverages group Diageo Plc.
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GMR Holdings to Consider Amalgamation With GMR Enterprises
GMR Holdings, the parent firm of GMR Infrastructure, on Tuesday said its board will consider the proposal of amalgamation with GMR Enterprises on May 29 as part of a corporate restructuring exercise.
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GMR Infra Promoters Pledge 19.13% Stake
GMR Infrastructure on Tuesday said three of its promoters have pledged a 19.13 per cent stake in the firm in a series of transactions in the last week of April.
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2 Financial Institutions Release Pledged GMR Infra Shares
Two financial institutions have released 13.5 crore shares in diversified GMR Infrastructure that were pledged by the company's promoter GMR Holdings.
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GMR Infra-Led Consortium Bags Rs 5,080-Cr Railway Project
A GMR Infrastructure-led consortium has bagged an order for construction of 417 km-long eastern dedicated freight corridor railway project which is estimated to cost Rs 5,080 crore.
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GMR to buy Additional 10% Stake in Delhi Airport
It would be purchasing the additional shareholding in Delhi International Airport Ltd (DIAL) for $79 million (about Rs 492 crore).
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GMR Infrastructure Gets Sebi Nod for Rs 1,500 Cr Rights Issue
In a rights issue, shares are issued to existing investors as per their holding at pre-determined price and ratio.
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GMR Says Coal Block Cancellation Order Not to Impact it
GMR Infrastructure Ltd on Friday said the recent Supreme Court judgement cancelling 214 coal blocks allocations will not have any negative impact on it.
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KKR to Lend $175 Million to GMR Infrastructure: Report
GMR will announce the transaction as early as Tuesday, said the source, who declined to be identified as the information was not yet public.
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Nifty Snaps Five-Day Selling Streak as Inflation Cools
Oil and Natural Gas Corp rose 2.5 per cent on continued hopes that the government would sell a stake in the state oil firm.
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Infrastructure Stocks Recover From Last Week's Falls
But shares fell last week due to disappointment that the budget lacked major initiatives for the sector. Still, traders note they still expect new initiatives from the government going forward.
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GMR Airports Infrastructure Announces Merger With GMR Airports
GMR Airports Infrastructure Ltd (GIL) has announced the merger of GMR Airports Limited with GIL. The merger is subject to regulatory approvals and expected to be completed within the next financial year.
-
Alstom, Bombardier, 21 Other Firms Attend Railways' Meet For Running Private Trains
Twenty-three firms including Alstom Transport India Ltd, Bombardier Transportation India, Siemens Limited, GMR Infrastructure and some PSUs have shown interest in operating private trains in the country, and they attended a pre-application meeting Wednesday as a first step, the Railways said.
-
GMR Infrastructure To Sell 49% Stake In Airports Business
According to a regulatory filing, Tata Group's TRIL Urban Transport Private Ltd will acquire stake in GMR Airports.
-
Sebi To Probe Firms Named In 'Paradise Papers'
'Paradise Papers' investigation has explored 13.4 million leaked files from offshore law firms and company registries in some secretive countries.
-
JSW Shelves Cricket Plans Due to 'Negative Aura' of IPL
Some of India's biggest corporate names are investors in teams competing in what is the world's most lucrative cricket league -- including Reliance Industries Ltd, builder GMR Infrastructure Ltd, and United Spirits Ltd, owned by British beverages group Diageo Plc.
-
GMR Holdings to Consider Amalgamation With GMR Enterprises
GMR Holdings, the parent firm of GMR Infrastructure, on Tuesday said its board will consider the proposal of amalgamation with GMR Enterprises on May 29 as part of a corporate restructuring exercise.
-
GMR Infra Promoters Pledge 19.13% Stake
GMR Infrastructure on Tuesday said three of its promoters have pledged a 19.13 per cent stake in the firm in a series of transactions in the last week of April.
-
2 Financial Institutions Release Pledged GMR Infra Shares
Two financial institutions have released 13.5 crore shares in diversified GMR Infrastructure that were pledged by the company's promoter GMR Holdings.
-
GMR Infra-Led Consortium Bags Rs 5,080-Cr Railway Project
A GMR Infrastructure-led consortium has bagged an order for construction of 417 km-long eastern dedicated freight corridor railway project which is estimated to cost Rs 5,080 crore.
-
GMR to buy Additional 10% Stake in Delhi Airport
It would be purchasing the additional shareholding in Delhi International Airport Ltd (DIAL) for $79 million (about Rs 492 crore).
-
GMR Infrastructure Gets Sebi Nod for Rs 1,500 Cr Rights Issue
In a rights issue, shares are issued to existing investors as per their holding at pre-determined price and ratio.
-
GMR Says Coal Block Cancellation Order Not to Impact it
GMR Infrastructure Ltd on Friday said the recent Supreme Court judgement cancelling 214 coal blocks allocations will not have any negative impact on it.
-
KKR to Lend $175 Million to GMR Infrastructure: Report
GMR will announce the transaction as early as Tuesday, said the source, who declined to be identified as the information was not yet public.
-
Nifty Snaps Five-Day Selling Streak as Inflation Cools
Oil and Natural Gas Corp rose 2.5 per cent on continued hopes that the government would sell a stake in the state oil firm.
-
Infrastructure Stocks Recover From Last Week's Falls
But shares fell last week due to disappointment that the budget lacked major initiatives for the sector. Still, traders note they still expect new initiatives from the government going forward.
