Page 2 - Gmr Infra

GMR Infra to sell 49% stake in airport business to Tata Group entity

The diversified group had earlier announced offloading 44.44 per cent shareholding in the airport business

GMR Infra's arm raises Rs 2,000 cr through NCDs to retire existing debts

"We wish to submit that GMR Infrastructure Ltd has not raised any funds from Tata-GIC," the company said.

Swiss firm Zurich Airport outbids Adani, DIAL to win Jewar airport project

Jewar airport at its full capacity is projected to cater to over 70 million passengers per annum with six runways and will be competitor to GMR- owned DIAL

GMR Infra, Reliance among 19 companies bidding to build Noida airport

The airport will handle 70 million passengers and 3 million tonnes cargo annually when fully developed.

GMR Infra subsidiary pursues power discoms for early recovery of dues

GWEL is a subsidiary of GMR Energy Ltd (GEL) and a step-down subsidiary of GMR Infrastructure Ltd (GIL)

GMR Infra announces resolution for Rajahmundry gas power plant

The resolution plan which has been approved by the lenders of the project consisted of reduction of total debt of Rs 2353 crore to sustainable debt of Rs 1412 crore

GMR Infra: Debt reduction positive, but street cautious

Analysts are looking forward for signs of steady flow in revenue and profits for the consolidated entity

GMR Infra suffers Rs 561 cr loss in Q3, energy and highway biz bleed

The group has incurred losses primarily on account of losses in the energy and highway sector with a consequent erosion of its net worth and lower credit ratings for some of its borrowings," GMR said.

GMR Infra suffers Rs 561-cr loss in Q3, energy and highway businesses bleed

The power vertical of the group continues to be reeling under losses with Rs 184.48 crore during the third quarter offsetting Rs 364.74 crore profit for the airports segment

GMR Infra agrees to settlement with PE investors, arbitration withdrawn

This was with respect to certain arbitration proceedings administered by the Singapore International Arbitration Centre

GMR Infra emerges highest bidder for Nagpur Airport privatisation

The project involves upgrade, modernisation, operation and maintenance of the Nagpur airport for a period of 30 years and includes the construction of a new terminal among other things

Street cheers GMR Infra's debt-reduction move

Earnings estimates may be revised but better show from power, roads, EPC holds key to major upgrades

GMR Infra shares down nearly 4% on Q1 net loss

At NSE, shares of the company lost 3.84 per cent to settle at Rs 13.75

GMR Infra announces SDR of GMR Rajahmundry Energy

As per the SDR scheme, out of the total outstanding debt (including overdue interest) of Rs 3,780 cr, debt to the extent of Rs 1,414 cr has got converted into equity