Maldives takes over airport operations from GMR

Maldives' state-run MACL on Friday night took over the operations of the Male international airport from GMR after the Indian infrastructure major lost a week-long legal battle over the......

GMR Infra gearing for an exit from Turkish airport

The Bangalore-based publicly-held infrastructure developer, GMR Infra, is understood to have kick-started the process to exit from the Istanbul Sabiha Gokçen International Airport, which it......

GMR Infra set to bag Rs 1,500-cr Andhra highway project

GMR Infrastructure is close to winning a Rs 1,500-crore (Rs 15-billion) highway project in Andhra Pradesh.The company, based in this city, is bidding aggressively for this 145-km project connecting......

GMR Infra acquires Singapore-based power utility

GMR Infrastructure said Friday it has acquired Singapore-based power utility Island Power for an undisclosed amount. 'GMR Group today signed an agreement with the international power producer......

'GMR Infra good bet'

Infrastructure firm GMR Infra's IPO opened on Monday. The issue has been subscribed 1.3 times. Nimesh Kampani of JM Morgan Stanley believes that a good quality IPO would always get a response from......