GMR Holdings Pvt Ltd
The current debt position is around Rs 37000 crore and post rights issue which is expected to happen sometime in November, I think this should fall down by around Rs 1300 crore again further. Apart from the actual aggregate amount, what is the miracle that is going to happen actually, if you look at our [...] Continue Reading »
US private equity firm KKR & Co and co-investors have agreed to provide Rs 1,000 crore ($164.2 million) in long-term financing to GMR Holdings Pvt Ltd, the holding company for GMR Infrastructure Ltd. Without disclosing the terms of the transaction, GMR Holdings said the deal is subject to customary transaction documentation. GMR Group has interests [...] Continue Reading »
