French co to buy 49% stake in GMR airport

Out of the total amount, Rs 9,780 crore would be towards secondary sale of shares by GMR group and Rs 1,000 crore would be equity infusion in GAL. GMR Infrastructure on Thursday announced that......

GMR consortium to run Philippines airport

GMR-Megawide consortium is set to takeover operations of Mactan-Cebu International Airport in the Philippines from Friday midnight tonight, a senior official of the Indian infra major said. "The......

Philippines signs airport pact with GMR despite legal issues

Various ongoing legal issues notwithstanding, the GMR-Megawide consortium on Tuesday signed the concession agreement with the Philippines’ Department of Transportation and Communications......

GMR consortium set to win $400 mn Philippine deal

A consortium of India's GMR Infrastructure Ltd and the Philippines' Megawide Construction Corp is the likely winner of a $400 million tender to build and operate a passenger terminal at an......