E-PaperGmr Infra News
Buy or sell: Vaishali Parekh recommends 2 stocks to buy today — January 16
Buy or sell stock: Vaishali Parekh of Prabhudas Lilladher believes that decisive breach of 18,250 may trigger fresh upside move on NSE Nifty
2 min read16 Jan 2023Buy or sell: Vaishali Parekh recommends 2 stocks to buy today — December 30
Buy or sell stock: Support for NSE Nifty is seen at 18,050 while the resistance is seen at 18,350 levels, believes Vaishali Parekh of Prabhudas Lilladher
1 min read30 Dec 2022GMR Infra to divest 51% stake in Kakinada SEZ to Aurobindo Realty
GMR Infra said out of the total consideration, ₹1,600 crore would be received on the closing date and balance 1,010 crore would be received in next 2 to 3 years, which is contingent upon certain agreed milestones
1 min read25 Sep 2020GMR Infra unveils rejig plan, to demerge non-airport biz
GMR Infrastructure, which operates the Delhi and Hyderabad airports, is also set to list that business separately
1 min read28 Aug 2020GMR Infra to demerge energy, transport biz; list airports separately
The non-airport business of GIL--energy, urban infrastructure, EPC services--will be moved to GMR Power and Urban Infra Ltd as a going concern, while GIL will turn into a pure-play airport-owning company
3 min read27 Aug 2020Stocks to Watch: ZEE, IT firms, Piramal Enterprises, Britannia, GMR Infra
Care Ratings has reaffirmed the rating of CARE AA with a stable outlook to Piramal Enterprises' long-term NCDsBritannia will announce its earnings for the March quarter today
1 min read23 Apr 2020GMR Infra to seek shareholders' nod for minority stake sale in airport business
On February 21, it was announced that Groupe ADP would acquire 49% stake in GMR Airports Ltd (GAL) for ₹10,780 croreThe company will also seek nod for divestment of entire equity stake in GMR Kamalanga Energy Ltd held by GMR Energy Ltd
1 min read29 Feb 2020GMR Infra rallies after CCI nod to partner with Groupe ADP
GMR Infra has signed a share purchase agreement with Groupe ADP, which will hold 49% stake in GMR AirportsGMR Infra will retain management control over its airport business
1 min read24 Feb 2020GMR Infra’s asset sale to trim debt bears fruit as airports business takes off
The Q3 results have fuelled the optimismWhile the recent take-off of GMR Infra’s stock is justified, regulatory risks, however, loom over the airports and the power sectors
2 min read20 Feb 2020GMR Infra to now sell 49% in airports company to Tata group subsidiary
The transaction will take place in one or more tranches, GMR Infrastructure said in a regulatory filingThe raising of stake by the company for divestment is subject to regulatory approvals, it added
1 min read16 Jan 2020Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared