Page 2 - Gmr Infrastructure

GMR Infrastructure to sell stake in Indonesia mine to raise $400 million

GMR had acquired 30 per cent stake in PT GEMS for $550 million in March 2018

AAI to offload residual stake in Bangalore and Hyderabad airports

Sale of 13% stake in each may fetch Rs 3,000 crore

GMR Infrastructure records third quarter loss of Rs 1,120 crore

The firm was hit hard by pandemic-induced lockdowns

GMR Infra gets nod from stock exchanges on its proposed restructuring plan

GMR Infrastructure said it has received consent from stock exchanges, with no adverse observations, on its proposed restructuring involving demerger of its non-airport vertical business

GMR Infrastructure net loss widens to Rs 750 cr in September quarter

Total income declined to Rs 1,448 crore during the quarter under review as compared with Rs 2,164 crore in the corresponding quarter of preceding fiscal

GMR Infrastructure to sell Kakinada SEZ, port biz to Aurobindo Realty

According to the deal, the 100 per cent equity stake of Kakinada Gateway Port held by KSEZ would also be transferred to Aurobindo Realty

Highway traffic rises but full recovery may take another quarter

Firms attribute sluggishness to monsoon, local lockdowns

Indices gain for 6th day as financials zoom; Sensex ends 354 pts higher

All that happened in the markets today

GMR Infra zooms 10% on proposal to list airport business, pares gains later

According to the restructuring process, the non-airport business, comprising energy, urban infrastructure, and EPC services, will be moved to GMR Power and Urban Infra Ltd (GPUIL) as a going concern

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

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

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

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

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

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 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 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 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'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 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