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GMR to divest stake in Philippines' Cebu airport

GMR Group on Friday said it will divest its entire 40 per cent stake in Cebu international airport in Philippines for an upfront payment of Rs 1,330 crore as well as earnouts to be received over a......

Airport PPPs on a crowded runway; private sector bids could be subdued

Last August, the government had announced its intent to sell stakes in four privately-run airports (Delhi, Mumbai, Hyderabad and Bengaluru) and lease 25 other airports owned by AAI under National......

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......

Message In A Bottle

Samridhi Bhardwaj analyses the dynamics of duty-free liquor allowance in India.Illustration: Dominic Xavier/Rediff.com On January 19, 2020, Press Trust of India reported a recommendation......

Adani group to operate five airports for 50 years

The Adanis were the highest bidder for the Ahmedabad, Thiruvananthapuram, Lucknow, Mangaluru and Jaipur airports. The Adani group has won the bid to operate for 50 years five out of six airports......

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Gmr Infrastructure Ltd

News for Gmr Infrastructure Ltd

GMR to divest stake in Philippines' Cebu airport

Airport PPPs on a crowded runway; private sector bids could be subdued

French co to buy 49% stake in GMR airport

Message In A Bottle

Adani group to operate five airports for 50 years

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