GMR Group
GMR sells 49% in airports business to Aéroports de Paris for Rs10,780 cr
21 Feb 2020
The acquisition will be made in two tranches - the first to be realised within the coming days for a 24.99 per cent stake and the second, for 24.01 per cent, subject to certain regulatory conditions
Tata, GIC and SSG Capital to buy 45% in GMR Airports for Rs8,000 cr
27 Mar 2019
At closing, GMR Infrastructure Ltd and its subsidiaries will hold 54 per cent stake in GMR Airports Ltd, Tata will hold 20 per cent, GIC 15 per cent and SSG will hold 10 per cent stake
Malaysia Airports exits Hyderabad, sells its stake to GMR
03 Feb 2018
GMR Airports has entered into an agreement with Malaysia Airports Holdings Berhard to acquire the 11 per cent stake the Malaysian firm holds in GMR Hyderabad International Airport for $76.05 million
Jindal, Adani, GMR coal bids may be referred to CCI
13 Apr 2015
The coal ministry is considering the option of approaching an investigating agency to further probe the process of bid submission by the three companie
GMR wins arbitration against Maldives over Male airport fiasco
20 Jun 2014
The Maldives government and Male International Airport Company are jointly liable to pay damages to GMR for loss caused by the summary cancellation of the agreement to modernise and operate the Male Airport in 2012
GMR-led consortium bags railway project in UP
04 Mar 2014
GMR Group to sell 74% stake in expressway to IIF to raise equity
18 Sep 2013
Infrastructure group GMR will divest 74-per cent stake in GMR Ulundurpet Expressways Private Limited, as it pursues its 'asset light' strategy
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
