The infrastructure major's asset-light strategy is showing results, but it could still be a while before its debt burden reduces substantially. After a lull of nearly four years, GMR Infrastructure......
The GMR Group said on Monday that it has completed the sale of its 70 per cent interest in GMR Energy Singapore to FPM Power Holdings for Rs 2,605 crore (Rs 26.05 billion).The transaction was......
A slowing economic growth notwithstanding, the M&A deals announced by Indian companies have crossed Rs 2 trillion mark in 2012 and a stronger deal momentum is expected in New Year on the back of......
The Income Tax department today carried out searches on the premises of GMR group in the national capital and few other locations in the country suspecting tax evasion.Sources said the operations......
Churn at the top level of private equity is not new. However, joining hands together to raise funds in today's tough fund-raising scenario is.The new partnership on the block doesn't exactly boast......