GMR Infrastructure

GMR Infrastructure News

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Asset monetisation, robust awarding to augment growth in infra sector; GR Infra, KNR among top stock picks

Indian equity markets have been highly volatile in the past few sessions, swinging between gains and losses. Amid this volatility,…

August 24, 2022 14:37 IST

The HC had also quashed the March 19, 2020 letter issued by MIHAN India annulling the bidding process for the airport and further directed the state-owned entity to take all steps in terms of the Request for Proposal (RFP) conditions, including the signing of a Concession Agreement for the Nagpur Airport, within six weeks. (Representative image)

Supreme Court allows GMR Group to operate Nagpur airport

The apex court upheld the Bombay High Court’s decision to quash the state-owned MIHAN India’s order cancelling a contract awarded…

May 10, 2022 02:00 IST

SC refuses to stay Bombay HC’s order quashing MIHAN India’s cancellation of GMR contract

A bench led by Justice Vineet Saran, however, sought a response from GMR Airports on a batch of appeals by…

February 25, 2022 16:30 IST

GMR Infrastructure December quarter results

GMR Infrastructure posts Rs 515 crore quarterly loss

The company had posted a consolidated net loss of Rs 1,120.51 crore in the year-ago period, according to a regulatory…

February 9, 2022 19:41 IST

HDFC Bank, RIL, Ashoka Buildcon, GMR Infra, Power Grid, Coal India stocks in focus

Nifty futures were trading 70 points or 0.45 per cent up at 15,762.50 on Singaporean Exchange, suggesting a positive opening…

June 18, 2021 08:40 IST

GMR Infrastructure share price surges 9% on divestment of 51% stake in Kakinada SEZ

GMR Infrastructure shares have rallied 64 per cent from March low of Rs 14.10 apiece. In the last four days,…

September 25, 2020 11:34 IST

JSW Energy share price jumps 5% on take-over of GMR’s Odisha thermal plant for Rs 5,321 crore

JSW Energy Limited share price jumped more than 5 percent on Tuesday after the company announced the take over 100%…

Updated: February 18, 2020 10:35 IST

GMR Airports stake sale stuck on lower valuation

According to sources, the GMR Group, which holds around 64% in its flagship, Delhi airport, was planning to raise around…

June 1, 2016 07:29 IST

GMR’S bid to monetise 2m sq feet at IGI Airport could be a damp squib

With a couple of big mall developers unlikely to put in financial bids, GMR Infrastructure’s auction to monetise 2 million…

May 27, 2016 08:00 IST

Male airport case: Tribunal rules in GMR Infra’s favour

GMR Infrastructure said on Wednesday that it has got a favourable ruling in the Axis Bank debt case from the…

February 25, 2016 01:10 IST

Maintain ‘buy’ on GMR Infra, target Rs 23: Edelweiss

GMR Infrastructure (GMR) has signed a definitive agreement with Kuwait Investment Authority (KIA) wherein the latter will subscribe to GMR’s…

Updated: December 11, 2015 07:06 IST

Exchanges pull up GMR Infra over $1 bn fund raising report

GMR Infrastructure in filings to the exchanges said, ‘We are not aware of any information that is not announced to…

December 8, 2015 11:27 IST

8 stocks that made news today: Manali Petrochemicals, ITC and more

Shares of ITC fell over 6 per cent intraday on Monday after a Finance Ministry panel headed by CEA Arvind…

Updated: December 7, 2015 15:59 IST

GMR Infra banks on power, airport verticals to cut debt

Debt-laden GMR Infrastructure is pinning its hopes on a turnaround based on its under construction power generation capacity becoming operational,…

Updated: December 7, 2015 00:38 IST

GMR Infrastructure raises $300 mn from Kuwait Investment Authority

Engineering firm GMR Infrastructure today said it has raised $300 million (around Rs 2,000 crore) from Kuwait Investment Authority through…

December 4, 2015 19:22 IST

GMR Infra share price climbs over 13% post Q2 numbers

GMR Infrastructure share price on Monday jumped over 13 per cent as the company’s consolidated net loss in July-September quarter…

Updated: November 16, 2015 16:11 IST

GMR Infra Q2 net loss narrows to Rs 399 crore

GMR Infrastructure today said its consolidated net loss in July-September quarter narrowed to Rs 398.67 crore on the back of…

November 14, 2015 17:41 IST

GMR Infra’s bank facilities, NCD of 867.5 cr downgraded by CARE

CARE noted that these ratings continue to derive strength from the group’s diversified portfolio of assets, established track record in…

September 29, 2015 14:45 IST

GMR plans to export power from its Nepal plant to Bangladesh

Infra major GMR Group, which is setting up two hydel power projects in Nepal, is in discussions with Bangladesh government…

Updated: September 1, 2015 14:50 IST

GMR Infrastructure net loss falls 27% to Rs 429 cr as airport traffic rises

GMR Infrastructure has reduced its net loss by 27.6% to Rs 429 crore in the June quarter compared with a…

August 15, 2015 00:52 IST

GMR Infra seeks 5/25 rejig of Rs 37,000 cr debt

GMR Infrastructure has sought refinance under the Reserve Bank of India’s (RBI) 5/25 scheme for loans totalling over R37,000 crore.

Updated: June 25, 2015 10:58 IST

2 Financial Institutions release 13.5 cr pledged shares of GMR Infra

Two financial institutions have released 13.5 crore shares of diversified GMR Infrastructure that were pledged by the company’s promoter GMR…

April 11, 2015 19:47 IST

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