GMR Hyderabad International Airport (GHIAL), a subsidiary of GMR Airports, announced that it has successfully raised funds through the issuance of 10-year listed, rated, redeemable, secured non-convertible debentures (NCDs) amounting Rs 11.50 billion, on private placement basis.
New Delhi [India], September 2 (ANI): GMR Group on Friday said it has signed definitive agreements to divest its entire 40 per cent stake in Mactan Cebu International Airport in the Philippines for an upfront payment of Rs 1,330 crore.
Panaji (Goa) [India], July 15 (ANI): GMR Goa International Airport Limited, a subsidiary of GMR Airports Limited, on Friday successfully completed the calibration of the Instrument Landing System (ILS) for the newly built Runway 28 of the upcoming New Goa International Airport.
New Delhi [India], July 9 (ANI/SRV): Founder of RIGO Water Filtration, Anil Nagabhushan, has been presented with the Social Entrepreneur of the Year award to recognize the efforts he has made, along with his team of dedicated professionals, in supplying safe drinking water every day to more than 1 million people across India. The award was presented to him by GrandhiMallikarjuna Rao, Founder and Chairman of GMR Group, at the NRIVA Convention in Chicago.
Hyderabad (Telangana) [India], May 4 (ANI): GMR Group can run Rajiv Gandhi International Airport in Hyderabad for another 30 years till 2068 as the government has extended the terms of the concession agreement, the company said in a statement on Wednesday.
Dubai [UAE], February 23 (ANI): Indian-based infrastructure powerhouse, GMR Group has acquired the rights to own and operate the Dubai franchise in the UAE T20 League to be held in UAE.
New Delhi [India], January 5 (ANI): Delhi's Indira Gandhi International (IGI) Airport has completed refurbishing work on the British-era runway built during World War- II transforming it into a modern one operational for commercial use.
New Delhi [India], November 18 (ANI): Expanding its footprint overseas, the aviation infrastructure major GMR Infrastructure Limited's subsidiary, GMR Airports Limited (GAL) won the bid to develop and operate the Kualanamu International Airport (Medan Airport) in Medan, Indonesia.
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