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Page 5 - Gmr Airports

Grounded in Mumbai

Issues related to airport deal raise questions

Grounded in Mumbai
Updated On : 30 Aug 2020 | 10:15 PM IST

Battle for MIAL: Foreign investors serve legal notice on GVK group

Call Mumbai airport stake sale to Adani a breach of agreement

Battle for MIAL: Foreign investors serve legal notice on GVK group
Updated On : 29 Aug 2020 | 6:05 AM IST

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

Lenders jittery over Mumbai International Airport's falling financials

After CRISIL downgrades company debt, bankers ask GVK group to come out with repayment plan

Lenders jittery over Mumbai International Airport's falling financials
Updated On : 22 Aug 2020 | 6:09 AM 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

GMR completes stake sale in airport biz to Groupe ADP, gets Rs 4,565 cr

In its first tranche of investment, Groupe ADP had paid Rs 5,248 crore on February 26

GMR completes stake sale in airport biz to Groupe ADP, gets Rs 4,565 cr
Updated On : 08 Jul 2020 | 12:44 AM IST

40-60% drop in air passenger traffic likely in FY21 amid Covid-19 crisis

Private joint venture airports (seven of them), including Mumbai, Delhi, Bengaluru, and Hyderabad accounted for over 54 per cent of the 349 million passengers in CY19.

40-60% drop in air passenger traffic likely in FY21 amid Covid-19 crisis
Updated On : 09 Apr 2020 | 1:53 AM 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

CCI okays GMR's 49% stake sale in airport business to France's Groupe ADP

The regulator's clearance is through the green channel, which allows for an automatic system for speedy approval of combinations, subject to certain conditions

CCI okays GMR's 49% stake sale in airport business to France's Groupe ADP
Updated On : 21 Feb 2020 | 6:45 PM IST

GMR Group to sell 49% stake in airport business to France's Groupe ADP

Rs 10,780 cr deal values GMR Airports at Rs 22,000 cr; pact with Tatas cancelled over airline ownership norms

GMR Group to sell 49% stake in airport business to France's Groupe ADP
Updated On : 21 Feb 2020 | 1:36 AM IST

France's Groupe ADP to buy 49% in GMR airport business for Rs 10,780 cr

The company has signed a share purchase agreement with Groupe ADP

France's Groupe ADP to buy 49% in GMR airport business for Rs 10,780 cr
Updated On : 20 Feb 2020 | 11:38 PM IST

GMR airports achieves 'concession commencement date' to build in Greece

The Concession Period for the project is 35 years including Phase 1 Construction of five years

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Updated On : 11 Feb 2020 | 6:58 AM IST

GMR to develop, operate & manage duty-free outlets at Kannur Airport

Under the concession agreement, GAL would design, finance and operate the Duty-Free shops at Kannur International Airport for a period of 7 years, which is extendable by 3 more years

GMR to develop, operate & manage duty-free outlets at Kannur Airport
Updated On : 18 Jan 2020 | 9:34 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

Airlines oppose Rs 8000-crore Tata Group-GIC stake in GMR Airports

IndiGo, SpiceJet, GoAir see undue favour to Vistara; GMR says fear unwarranted

Airlines oppose Rs 8000-crore Tata Group-GIC stake in GMR Airports
Updated On : 16 Dec 2019 | 2:38 AM IST

Tata consortium to tweak investment in GMR airports, reduce stake by 5%

The Tata Group's effective shareholding will now be 15 per cent in GMR Airports, translating into a shareholding of approximately 10 per cent in DIAL, said sources in the know

Tata consortium to tweak investment in GMR airports, reduce stake by 5%
Updated On : 30 Oct 2019 | 3:05 AM IST

Best of BS Opinion: An unusual monsoon, electric car revolution, and more

How must the government approach the issue of water conflicts that are becoming more widespread and intense by the day? Alokananda Chakraborty sums up the views

Best of BS Opinion: An unusual monsoon, electric car revolution, and more
Updated On : 04 Oct 2019 | 7:00 AM IST

Clearing the air

Rules curbing airline stakes in airports should be reviewed

Clearing the air
Updated On : 04 Oct 2019 | 12:37 AM IST

Tata group investment in GMR Airports hits AAI regulatory hurdle

Rs 8,000 cr funding violates norms preventing airlines from holding 10% in facility

Tata group investment in GMR Airports hits AAI regulatory hurdle
Updated On : 03 Oct 2019 | 10:24 AM 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