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Gmr Energy Acquisition

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  • Business

GMR acquires Indonesian coal firm for Rs 400 cr

GMR Energy, a subsidiary of GMR Infrastructure, has acquired Indonesian coal company PT Barasentosa Lestari for $80 million (around Rs 4 billion) through its wholly-owned subsidiary GMR Energy. The......

GMR Infra haggles to buy SA company for $100 mn

GMR Infrastructure, the Bangalore-based infrastructure developer, is understood to be driving a hard bargain to gain 100 per cent control over South-Africa based Homeland Mining & Energy at a......

GMR Group plans no-frills airline

The Rs 2,500 crore (Rs 25 billion) GMR Group is planning to join the growing list of corporates foraying into the low-cost airline sector.The company is understood to have initiated talks with a......

JSW Energy inks Rs1,895-cr deal for African coal

Sajjan Jindal's JSW Energy moved a step closer to securing its coal requirements, signing a definitive agreement with the management of CIC Energy on Wednesday, to buy them out and take control of......

Two more companies queue up for IPO amid bullish sentiments

Looking to tap upbeat investor sentiments, Uniparts India and PNC Infratech are the latest companies to file initial public offer papers with capital market regulator Sebi. With these two firms, a......

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